Insight, analysis & opinion from Joe Paduda
There’s no question the Republican sweep will hugely affect workers’ comp. There are nothing BUT questions about what that impact will be. Here are a few thoughts based on what little we know so far. The quick take – huge … Continue reading Trump and workers’ comp
Read More...Injury rates are plummeting, insurance premium rates are flat or dropping, medical costs are down as well. This morning Todd Foster of WorkCompCentral reports big rate decreases in Louisiana and Texas and a slight decrease in Georgia. This comes on the … Continue reading What’s really happening in workers’ comp
Read More...What drives workers’ comp is employment – more specifically, payroll, industry type, and claim frequency. Employment is the end-all and be-all of workers’ comp – for premiums and policies on the front end, and getting work comp patients back to work … Continue reading Work comp’s future is not what you think it is
Read More...For the last five plus years, the investment community has been all over workers’ comp services. Lately, not so much. What’s going on? From PMSI’s purchase by HIG to APAX’ acquisition of Align and One Call to form One Call … Continue reading What’s happened to all the private equity interest in workers’ comp?
Read More...Over the last few years I’ve had quite a few calls and meetings with folks in the investment community looking to get up to speed on the workers’ comp industry and various aspects thereof. While the volume of calls ebbs … Continue reading Workers’ comp fast facts
Read More...Back to NCCI…didn’t want to overload your inbox last week. For anyone who has heard Bob Hartwig PhD speak, he violates all the common rules about presentations and presetting – and is excellent nonetheless. Methinks it is because Bob is both … Continue reading Bob Hartwig’s prognostications
Read More...ACORD’s Bill Hartnett gave a compelling, entertaining, and pointed presentation on innovation, technology, and the impact of same on insurance (my title, not his). You will be sorely tempted to ignore this and move on to the next email or … Continue reading Innovation in Insurance – we are soooo far behind
Read More...NCCI Chief Actuary Kathy Antonello’s State of the Line presentation – is the hot ticket at AIS. (Her presentation will be available here right after her presentation ends; the password is Transforming .) Antonello’s use of new imaging and automation … Continue reading Workers’ comp – 2016 State of the Line
Read More...950 attendees this year – an all time high – as new President And CEO Bill Donnell kicks off the 2016 NCCI Annual Issues Symposium. Key takeaways from Mr Donnell’s introductory talk – near term, solid financial results and continuing profitability longer … Continue reading NCCI kicks off…
Read More...That’s a bit of a misstatement; ACA alone is not responsible for increasing the number of insureds by some 20 million, but there’s no question it was the primary causal factor. Be that as it may, let’s examine who the newly-covered … Continue reading ACA’s 20 million increase in insureds – implications for workers’ comp
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