Large-Deductible Policies Face Growing Scrutiny

Efforts that might lead to stricter standards for large-deductible workers’ compensation insurance policies are moving forward, as concern grows about the potential of these policies to create insolvencies for the insurance companies issuing them. A National Association of Insurance Commissioners working group is finalizing a report that details potential problems associated with the large-deductible policies and outlines some potential solutions. Public comment will be accepted through Jan. 19 on the draft report, which will then be the subject of a public conference call on Jan. ...