When the unexpected happens on the worksite 鈥� a slip, a strain, an incident that triggers a claim 鈥� the clock starts ticking. For organizations in manufacturing, construction, or healthcare, that first response window can mean the difference between a manageable claim and a costly disruption. Many businesses hesitate, hoping a minor injury resolves on … Read more
The severity of Workers鈥� Compensation claims is rising in the insurance industry. At the National Council on Compensation Insurance (NCCI) Annual Issues Symposium held earlier this year, the NCCI showed data confirming an industry-wide trend in increasing claim severity. The aging workforce, medical inflation from expensive technology, and rising wages leading to higher indemnity costs … Read more
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