A Delaware workers’ compensation law passed in 2014 has succeeded in lowering workers’ compensation medical claim costs, new research shows. The report from the Workers Compensation Research Institute (WCRI) found the average medical payment per claim decreased about 33 percent …
The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years and a continuation of a decade-long trend of worsening underwriting results, according to a new AM Best report. Indeed, the …
The deep recession in Michigan is impacting the workers compensation system there as some costs per claim rose slowly, according to a new study by the Workers Compensation Research Institute (WCRI). Amid recessionary pressures, indemnity costs per claim – payments …