Archive for April 2015

A new billing system will change how private businesses pay their workers’ compensation premiums in Ohio. The Columbus Dispatch reports employers will be able to pay estimated premiums for the following coverage year in two, four, six or 12 installments … The post Ohio to Implement to New Workers’ Comp Premium Billing System appeared first…

The Metropolitan Transportation Authority, the nation’s largest commuter rail network, is on track to receive a nearly $1 billion federal loan for safety improvements meant to avoid a repeat of a 2013 derailment that killed four people, New York Gov. … The post New York’s MTA to Get $1B Loan for Commuter Rail Safety appeared…

A combination of sophisticated predictive analytics and early, expert medical assessment can significantly reduce the cost and duration of workers’ compensation back claims, according to new research released by York Risk Services Group, a claims management, managed care and risk … The post Proactively Identifying and Managing Back Claims May Reduce Costs by 33% appeared…

A widowed mother of two from Florida has been sentenced to four years in prison for burning down her former million-dollar home in Connecticut for the insurance money. The Connecticut Post reports that 39-year-old Amanda Azevedo pleaded with a state … The post Widow Sentenced to 4 Years for Connecticut Mansion Arson appeared first on…

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property/casualty insurance and reinsurance, appointed James Engel as chief claims officer with responsibility for the overall strategic direction of the company’s global claims operation. Engel joins Endurance with significant experience leading … The post Endurance Specialty Holdings Appoints Engel as Chief Claims Officer appeared first on…

When it comes to workers’ compensation claims, low back injuries are the most costly musculoskeletal condition representing 20-25 percent of all loss, according to an analysis of Lockton claims. Further analysis of claims over $250,000, indicate they represent 25 percent … The post Evidence-Based Medicine Trumps Medical Imaging in Reducing Costs in Workers’ Comp Claims…

Cyber risk lands in the top ten for the first time in Aon’s latest global risk survey, according to Aon Risk Solutions. Damage to brand and reputation was cited as the top overall concern facing global organizations, further underscoring the … The post Aon Releases Latest Top 10 Global Risk Survey Results appeared first on…

Ohio-based Nationwide Insurance has announced a more efficient way to estimate hail damage—Automated Mobile Hail Estimating. The program was piloted last year after a catastrophic event and will be rolled out across the country as an optional service in the … The post Nationwide Automates Auto Hail and Dent Repair appeared first on Claims Journal.…

Nepal’s devastating earthquake was the disaster experts knew was coming. Just a week ago, about 50 earthquake and social scientists from around the world came to Kathmandu, Nepal, to figure out how to get this poor, congested, overdeveloped, shoddily built … The post Experts Gathered in Nepal to Discuss Quake Prep A Week Before it…

Cyber criminals are coming up with more and more sophisticated ways to steal your identity, your personal information and your money. To help protect yourself against these threats, here is a list of the top internet frauds from the Federal … The post Federal Agency Warns Against Common Internet Fraud Scams appeared first on Claims…