Insight, analysis & opinion from Joe Paduda
(I’ll be live blogging from NCCI again this year with several updates throughout the day) Higher combined ratios, spotty market hardening, spikes in medical costs, ups and downs in claim frequency, more hiring in some sectors – for whatever reason, … Continue reading NCCI – first take on the state of the work comp industry in 2011
Read More...While Coventry’s work comp division revenues were pretty much flat quarter over quarter, the company views the results as better than expected. . In comments during this morning’s Q1 2012 earnings call, CFO Randy Giles said Coventry had experienced “higher … Continue reading Coventry’s Q1 2012 earnings report – the work comp story
Read More...Okay, now to a few last words. As one more interested in workers comp than other topics, I found the agenda to be pretty thin. With a couple exceptions (CMS and reform), the topics weren’t timely, the subjects pretty basic, … Continue reading RIMS wrap up
Read More...Friday’s news that the nation added over a quarter-million private-sector jobs in January [opens pdf] was good news indeed for health plans, workers comp insurers, service companies. But January wasn’t the only bright spot; the report indicated a lot more … Continue reading Employment, Economic Recovery, Workers Comp and Group Health
Read More...A couple days ago a shadowy equity “research” outfit that goes by the name Copperfield Research published what can only be described as a hatchet job, with CorVel the target. I’m no fan of CorVel – their business model makes … Continue reading Copperfield Research’s CorVel hatchet job
Read More...There’s a lot happening in the work comp industry: a hardening market; frequency ticking up; consolidation/mergers/acquisitions and buyouts; legislative and regulatory changes; and management moves. And all this against the backdrop of a very big election year. So here’s what … Continue reading What’s going to happen in workers comp this year?
Read More...There are three types of physicians – the few really good ones, the few really bad ones, and most who either aren’t good or bad, or you just don’t have enough information to tell. The problem with most networks is … Continue reading Where work comp networks are headed
Read More...Up until this week, it looked like this fall M&A in the work comp services sector was going to be at an all-time high. Now, with Greece in default, the Euro in serious trouble, and markets looking for yet another … Continue reading What’s with all the M&A activity in work comp?
Read More...Yesterday’s news release from UC Davis claiming that workers comp premium increases are due to underlying shifts in financial markets will almost certainly generate a lot of conversation. Here are quoted highlights with my comments in (parentheses). – a UC … Continue reading The UC Davis work comp study – What’s driving work comp premiums?
Read More...The last two speakers at IAIABC were Safety National’s Mark Walls and IAIABC Executive Director Greg Krohm. Mark’s major concern is health reform will lead to access problems, especially with specialists such as orthopods and neurosurgeons. This may lead to … Continue reading Mark Walls and Greg Krohm on the future of work comp
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