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Lack of Settlement Authority a Barrier to Claim Closure

By Elaine Goodman (medical/business Reporter)

Friday, October 12, 2018 | 718 | 0 | 19 min read

In many workers’ comp cases, there’s a narrow window of opportunity when parties on both sides of the claim are close to reaching a settlement, some say. But that moment may easily slip away if the insurance adjuster does not have adequate settlement authority. That was the topic of a recent LinkedIn post by Bill Zachry, senior fellow at the Sedgwick Institute and a former risk manager for the Safeway grocery store chain. The post has received thousands of views, Zachry said, as well as a dozens of comments. Zachry said he’s been hearing more complaints recently from j...

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