Monthly Archives: July 2018

In industry news:

Tax reform, a growing economy and lower catastrophe losses helped U.S. property/casualty insurers more than double their first quarter profit this year.

In local news:

Gov. John Bel Edwards and Cortec LLC executive Larry Chauvin announced the company will invest $2.5 million to expand its industrial coatings facility in Port Allen.

In safety news:

New research suggests that employers and workers need to be aware that heat stress can happen well before temperatures reach official limits for workplace safety.

In industry news:

The second quarter IVANS Index shows that premium renewal rates have increased slightly from the first quarter in most commercial lines.

In economic news:

In June 2018, the unemployment rate rose 0.2 percentage point to 4.0 percent, and the number of people who were unemployed was 6.6 million, per new Bureau of Labor Statistics numbers.

In safety news:

OSHA issued a notice encouraging Americans to commit to workplace safety and health by participating in Safe + Sound Week, August 13th-19th, 2018.

In national news:

Pain patients urged the FDA not to “throw them in the trash” in the fight against opioids at meeting earlier this week called to address their concerns.

In industry news:

CompPharma recently released its 15th Annual Survey of Prescription Drug Management in Workers’ Compensation, which found that pharmacy costs in workers’ compensation have decreased by $1.1 billion during the past eight years.