News
Generali's Q1 premiums climb 7%
8+ hour, 29+ min ago (53+ words) businessinsurance. com Generali's Q1 premiums climb 7% Italian insurer Assicurazioni Generali Sp A grew its first-quarter gross written premiums to 28. 1 billion euros ($32. 7 billion), a 7% year-on-year increase, Life Insurance International reported. The insurer's consolidated operating result rose 8% to "2. 2 billion....
California comp medical reviews rise in 2025
1+ day, 5+ hour ago (319+ words) California's independent medical review program saw an increase in workers compensation medical disputes in 2025, while treatment denials were overturned at a lower rate than the prior year, according to a report released Tuesday. Maximus Federal Services, which administers the program,…...
Dermatologicals top workers comp drug costs: study
1+ day, 4+ hour ago (253+ words) Dermatological agents accounted for the largest share of workers compensation prescription payments in early 2025, with much of the spending concentrated in delivery pharmacies and physician dispensing channels, according to a report released Thursday by the Workers Compensation Research Institute. The…...
Specialty rates fall in 2025 and at Jan. 1 renewals: WTW
2+ week, 2+ day ago (217+ words) Rates in the specialty insurance market declined during 2025 and at Jan. 1, 2026, renewals, reaching levels last seen in 2021. At Jan. 1 renewals, 75% of the 42 material classes showed rate decreases, compared with 30% of classes in 2024, according to a report Wednesday from Willis Towers…...
Rural hospital closures disrupt care access but not claim costs: WCRI
3+ week, 1+ day ago (333+ words) Hospital closures in rural areas disrupt access to care for injured workers but do not significantly increase workers compensation claim costs or disability duration, according to a Workers Compensation Research Institute study released Thursday. The study examined the impact of…...
Comp claim costs rise 6% annually from 2022 to 2025: WCRI
3+ week, 3+ day ago (245+ words) Total workers compensation claim costs increased by an average of 6% per year from 2022 to 2025 in the median study state, driven by rising medical payments, indemnity benefits and claim administration expenses, according to research released Tuesday by the'Workers Compensation Research Institute....
Care access problems strain comp sector, slowing worker recovery, increasing costs
4+ week, 11+ hour ago (1234+ words) As provider shortages across health care persist, delays in treatment are becoming one of the most consistent pressure points in the workers compensation industry. From prolonged disability durations to increased pharmaceutical use and a higher likelihood of litigation, experts say…...
Comp medical prices seen rising after early 2026 moderation: NCCI
4+ week, 1+ day ago (225+ words) Workers compensation medical price increases remained moderate in the first quarter but are expected to accelerate later this year, according to a quarterly report released Wednesday by National Council on Compensation Insurance. Workers compensation medical price growth lagged behind broader…...
Bill would redefine MMI, cut duration of wage-loss benefits
1+ mon, 3+ week ago (214+ words) Lawmakers in Louisiana are considering legislation that would revise key aspects of the state's workers compensation system, including how maximum medical improvement is defined and how long certain wage-loss benefits are paid. H. B. 1101, introduced Tuesday, would for the first time define…...
Medical provider networks tied to lower comp costs, faster care: WCRI
1+ mon, 3+ week ago (309+ words) Medical provider networks in workers compensation are associated with significantly lower claim costs, faster access to care and shorter disability durations, according to a report released Tuesday by the Workers Compensation Research Institute. The study found that claims treated within…...