View in Browser

PropertyCasualty360

Workers' Comp Watch

Jan 29, 2023

A Message From the Editor

While other P&C lines were hammered by inflation, economic disruption and loss-cost uncertainty during the past year, workers’ comp again showed resiliency as it remained one of the strongest performing lines, according to Fitch Ratings. However, pricing challenges, growing competition in the market and other pressures could drag on the sector in the year ahead, the rating agency reports.
Additionally, review the matters and events that will have the biggest impact on workers’ comp and other P&C lines during the coming months with 20 issues to watch for 2023 from Out Front Ideas hosts Kimberly George of Sedgwick and Safety National's Mark Walls.

– Steve Hallo, managing editor

Slideshow

'Out Front Ideas': 20 issues to watch in 2023

By Kimberly George and Mark Walls

Review the biggest challenges and new developments expected to impact workers' comp and risk management. Read More

News

JPMorgan Chase: Business leaders foresee a 2023 recession

By Alan Goforth

This year's financial outlook isn't all bad, but business leaders should take steps to prepare for challenges. Read More

Sponsored By ALM Partners

50 Leadership Quotes To Inspire You

Inspiring quotes from the best and brightest leaders around the world. Read More

Research

Unfavorable pricing trends, competitive market could weigh on workers' comp sector

By Steve Hallo

Fitch Ratings projects that workers' comp will see a combined ratio of 92% for 2022. Read More

Best Practices

3 keys to creating a safe small business

By Dan Killins

Work-related injuries can lead to unplanned staffing shortages, lower team morale and decreased productivity. Read More

Best Practices

Dangerous driving habits it's time to drop

By Brittney Meredith-Miller

Drivers should make a conscious effort to avoid these six behaviors that the NHTSA has deemed the riskiest. Read More

Commentary

Injured workers suffer when custom triumphs over workers' comp law

By Samuel H. Pond

Today, much of what is happening in the workers' compensation system is based on custom, not the law or even best practices. Read More

Sponsored By ALM Partners

Exploring Microsoft Excel's Hidden Treasures ($39.99 Value) FREE for a Limited Time

David Ringstrom coined the phrase “Either you work Excel, or it works you!” after observing how many users carry out tasks inefficiently. Read More

Best Practices

Strategies for managing complex claims

By Patricia L. Harman

Many stakeholders, multiple insurers and questions about coverage are just some of the issues surrounding complex claims. Read More

News

The Hanover raises nearly $1.5M for United Way, other nonprofits

By PC360 Staff Writer

More than 80% of the company's employees took part in the giving campaign, The Hanover reports. Read More

Save the Date

Introducing A New Conference Experience For All Participants Within The Claims Ecosystem!

Complex Claims & Litigation Forum - February 27th - March 1, 2023 | Join Us For A New Conference Experience Aimed To Help Insurers Prevent, Prepare and Prevail In Adjudicating Complex Claims, Negotiating Settlements and Winning Cases If A Claim Has To Go To Court. Learn More

Resources

The Master Guide to Grow Your Insurance Agency in the Digital Age

Sponsored by: Agentero

Modern-day insurance agencies reflect the need for renowned digital strategies in order to sustain long-term growth. Learn More

WEBCAST DATE: February 7, 2023

Future Of Insurtech: The Latest Tools to Empower Efficiency

Join this complimentary webcast to learn how investments in tools and processes can yield a better producer experience, reduce costs, and scale distribution channels, while keeping up with changing regulations. Learn More

Connect With PropertyCasualty360

Copyright © 2023 ALM Global, LLC.
All Rights Reserved.
ALM Media LLC
150 E 42nd St | New York, NY 10017 | 1-877-256-2472
Learn more about RevenueStripe...