Industry Insights
The Implications of AIG's Price-Cutting | 12/04/2009 | ||
State: NA | Segment: | 0 | |||
Eight months ago I reported American International Group was buying business slashing prices for property and casualty insurance coverage in an effort to hold on to current customers and hopefully land a bit of new business. Now comes a report from Bloomberg that analysts have confirmed what some b...Read More | |||
The Jungle Called Workers Comp | 11/17/2009 | ||
By: Jon Gelman | |||
State: NA | Segment: | 0 | |||
By Jon GelmanAlmost a century ago Upton Sinclair authored, The Jungle. It is the story of the dangerous work of the meat packing industry. In a very comprehensive report, “The Speed Ki...Read More | |||
The Workers Compensation Beauty Pageant | 11/12/2009 | ||
By: Jon L. Gelman | |||
State: NA | Segment: | 0 | |||
By Jon L. GelmanThe chore of ranking state workers' compensation systems is tougher than judging a national beauty pageant. Peter Rousamiere made an excellent attempt this week in Risk and Insurance. The real answer is in the eyes of the users of the system and not merely on th...Read More | |||
The Tennessee Solution | 11/10/2009 | ||
State: NA | Segment: | 0 | |||
By Jon CoppelmanIt's safe to say that no state has really solved the independent contractor/sole proprietor conundrum. Rather than require comp coverage for all workers, most states either exempt sole proprietors from coverage or make it optional. As a result, many small construction...Read More | |||
The Public Option in Workers Comp | 11/09/2009 | ||
By: Joe Paduda | |||
State: NA | Segment: | 0 | |||
By Joe PadudaThanks to the good folks at Workers Comp Insider, I learned of an intriguing study conducted by Conning and Company that concludes (in part) that private work comp insurers don't perform as well as public ones.Here are a couple of excerpts from the article in...Read More | |||
The Defense Base Act | 10/23/2009 | ||
State: NA | Segment: | 0 | |||
By England Ponticello & St.Clair IntroductionIn recent years, it has become commonplace to learn of the number of "boots on the ground" in Iraq and Afghanistan. Along with these mere statistics, we also learn of the grim...Read More | |||
The Sorry Status of Illinois Work Comp | 09/28/2009 | ||
By: Eugene F. Keefe | |||
State: IL | Segment: | 0 | |||
By Eugene F. KeefeSynopsis: Illinois, a state in total WC chaos. Editor's comment: We have heard from a number of readers on both sides of the article we wrote last week about the state of our hapless state. One reader pointed out the g...Read More | |||
The Fading Fortunes of the Work Comp Business | 09/14/2009 | ||
By: Joe Paduda | |||
State: NA | Segment: | 0 | |||
By Joe PadudaThe work comp insurance industry has been hit hard by declining revenues and a big drop in investment income. While the investment picture is brightening somewhat, the revenue side is not getting any better.Continued high unemployment and associated smaller payro...Read More | |||
The Bottom Line on Almaraz/Guzman II and Ogilvie II | 09/10/2009 | ||
State: CA | Segment: | 0 | |||
By Michel LeClercThe WCAB on Sept. 3, 2009, issued en banc decisions after its reconsideration of the controversial Almarazand Ogilvie cases. In a pair of lengthy decisions, the WCAB has affirmed Ogilvie and limited Almaraz to the fourcorners of the AMA Guides....Read More | |||
The Public Option | 08/28/2009 | ||
State: NA | Segment: | 0 | |||
By Roy LittleOne of the most controversial topics of President Obama's proposals for health care reform is "the public option." While this blog is not a forum for personal or institutional opinion for or against the reform proposals, I do want to point out that, in the insuranc...Read More | |||