Insight, analysis & opinion from Joe Paduda
Three speakers in the final IAIABC session focused on the future of workers comp and factors affecting same. Allen Hunt of the University of Wisconsin started out discussing the factors contributing to the current deficit. In a nutshell, he doesn’t … Continue reading Work comp’s future – IAIABC’s closing session
Read More...While there weren’t a plethora of deals announced at RIMS last week, that’s not due to a lack of activity. The pending changes to tax rates (without another extension, capital gains will go up at the end of 2012) make … Continue reading M&A – what’s happening next in the work comp world?
Read More...To show just how much I need to get a life, one of the more interesting talks at NCCI las week was a very-well attended general session focused on legislative and regulatory reform. It began with an examination of federal … Continue reading Regulatory and legislative trends – NCCI reports
Read More...This morning NCCI released the 2010 results for private work comp insurers – and they aren’t good. The combined ratio climbed to 115%, an increase of a full five points over 2009. The combined ratio is a key measure of … Continue reading 2010 work comp – results “deteriorated”
Read More...After my post yesterday, I received a couple of ‘what are you smoking’ messages from industry colleagues reacting to my note on firming pricing for work comp premiums. (in fairness, I was reporting on a MarketScout study…) Well, here are … Continue reading Workers comp pricing – where’s it headed?
Read More...Conditions look ripe for a hardening of the workers comp market later this year. I’ve been known to get just a bit ahead of myself in my predictions about lots of things – and this time may be no different. … Continue reading A hardening workers comp market?
Read More...Today’s local news reported the arrest of a doctor from our small town for allegedly illegal prescribing controlled substances. The physician, by all accounts a well-liked and generally respected member of the community, was charged with illegally prescribing “Demerol, Percocet, … Continue reading The narcotic abuse problem hits home
Read More...I received this comment from a reader in response to my post about ExamWorks and their recent financials. It is quite thorough and well worth consideration on its own merits. Thanks Joe for a very interesting post. The market is … Continue reading ExamWorks – another opinion
Read More...ExamWorks’ latest financials were published last week. After taking a quick look, and reflecting back on a couple conversations with folks who know their business, I’m a bit puzzled. For those unfamiliar with the company, ExamWorks is a relatively new … Continue reading ExamWorks – what’s the strategy?
Read More...I did a talk last week at the National Association of Mutual Insurance Companies on the impact of reform and other factors on workers comp. It got me thinking about something a bit more specific – what’s on the horizon … Continue reading The top three things that will affect workers comp in 2012
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