In industry news:
The last episode of A.M. BestTV addresses the collegiate role in filling the insurance industry talent gap.
Monthly Archives: September 2017
In neighboring news:
The Texas Division of Workers’ Compensation announced that the workers’ compensation state average weekly wage for dates of injury from Oct. 1, 2017, through Sept. 30, 2018.
In medical news:
A new study from the Annals of Emergency Medicine suggests emergency physicians are not the free-flowing source for opioids they were previously thought to be.
La. Voices React: New A.M. Best Report Shows Record Premiums Written Since Great Recession
The U.S. workers’ compensation sector reported a record high $58.5 billion in direct premiums written in 2016 despite economic, regulatory and legal issues that threaten to reshape the market, according to a new A.M. Best special report. Louisiana Comp Blog reached out to local voices to get their take on the report, including why, in this profitable environment, the need for reform remains a constant refrain.
In local news:
Governor John Bel Edwards’ administration is planning to sue pharmaceutical companies for misleading marketing practices that it says contributed to Louisiana’s opioid crisis and the human and financial costs therein.
In business news:
The newly enhanced Louisiana Site Selection Center website was launched today to help businesses search for and secure prospective sites and buildings throughout the state.
In safety news:
A Patrick Kapust, OSHA’s deputy director of the Directorate of Enforcement Programs, said that the agency will honor and consider “good faith” efforts to comply with new silica standards during the first 30 days of enforcement.
In industry news:
A new report from A.M. Best reveals that workers’ compensation insurers had their most profitable year in 2016 since the Great Recession.
In claims news:
A new piece in Risk & Insurance addresses cumulative trauma claims and risk management strategies to mitigate them.
In educational news:
If you missed the WCI 2017 Conference, the organization has made one of its presentations available as a podcast.