Workers' Comp

Medical costs per workers compensation claim with more than seven days of lost time are rising faster in Virginia than in other states that were part of a 16-state study, according to the Worker Compensation Research Institute.

Although workplace violence is viewed as crimes committed by disgruntled coworkers and spouses, the reality is that homicides in the workplace resulting from robberies to the business are more common, but well below levels shown in the mid-1990s, according to a study by NCCI.

Although workplace violence is viewed as crimes committed by disgruntled coworkers and spouses, the reality is that homicides in the workplace resulting from robberies to the business are more common, but well below levels shown in the mid-1990s, according to a study by NCCI.

The good news for property and casualty insurers is that 2012 should see positive rate momentum. The bad news is that insured-exposure growth will not likely be a contributing factor to premium growth, according to a Keefe, Bruyette & Woods analysis.

Standard & Poors Ratings Services warns that signs are pointing to more unprofitable years for the U.S. workers compensation insurance market and downgrades could be in the future if there is no improvement.

Rate increases for 2012 could head as high as 10 percent if a handful of negative pressures continue to affect insurers' earnings, a financial analyst suggests.

Rate increases for 2012 could head as high as 10 percent if a handful of negative pressures continue to affect insurers' earnings, a financial analyst suggests.

An increasing emphasis on enterprise-risk management in the corporate world is reflected in the higher-education sector, with more courses and research exploring the concept at universities with established RM programs.