Search Results for: frequency

In my last post I reported my findings that former North Dakota state fund boss Sandy Blunt’s conviction on charges of authorizing sick leave, failing to get moving expenses repaid, and authorization of payment for small gifts and meeting coffee … Continue reading Blunt’s performance as CEO of WSI

With the passage of the stimulus bill, it’s timeti consider the implications fir workers comp. I’ll get to the details next week, but there are a few broad statements we can make today. First, the unemployment rate will not drop … Continue reading The stimulus bill and workers comp

Both. At least that’s how company execs want to ‘brand’ Corvel – but it isn’t what their TPA customers want to hear. Me? I’m not so sure. Here’s how Corvel described itself in a recent SEC filing: “CorVel Corporation is … Continue reading Is Corvel a TPA or a managed care company?

The workers comp world has certainly had its problems over 2008, and often these problems have overshadowed the successes, and victories both big and small that were achieved this year. Here without further preamble are a few of the more … Continue reading What work comp has done right

As if the declining frequency rate wasn’t bad enough, managed care companies are now looking at significantly lower claims volume in 2009, a decline that will spell trouble for work comp managed care. When the number of injuries goes down … Continue reading Tough times ahead for work comp managed care

The comp conference ended (for me) last Thursday; the passage of time allows for the individual impressions to meld into an overall picture of the current, and near-term future, of the comp managed care industry. Here’s what it looks like. … Continue reading The (short term) future of workers comp managed care

Cuts in workers comp insurance rates continue. From California to Florida, premiums continue to fall, driven by a decline in claims frequency and lower costs brought on by reforms and stagnant wages. The latest announcement came from Florida, where rates … Continue reading Is there a bottom?

At risk of being accused (and justifiably so) of being Johnny One-Note, this is the third consecutive post on Coventry. While the other two were focused on their recent moves to enhance customer relations, this one is specific to the … Continue reading Coventry – the financial picture