Workers Comp Investments World Buzzing Now – High Activity

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Workers Comp Investments Cycle Returns Anew

Most Workers Comp investments lie in my wheelhouse.   Analyzing premiums as Workers Comp investments is why I obtained my ChFC instead of a CPCU.   Mark Walls of OutFront ideas is the only other Workers Comp insurance person that examines/analyzes workers comp premiums from the same viewpoint.

picture of workers comp investments money yacht
Wikimedia Island Yacht Club

Many times through the last 20+ years the Workers Comp Investments cycle returns every 4 – 5 years.  How do I know of such a period?

I am consulted in each of those cycles at least ten times to render my opinion on the current Work Comp environment, especially the ancillary services such as bill review and rehabilitation nurses<one of my favorite risk management techniques.

Over the last two weeks and likely until the first of the year, I will be speaking with certain investment advisors concerning which TPA’s and ancillary service providers provide the best services for the money they charge their clients.

Looking at my calendars, four years ago was the last time the workers’ comp investment cycle increased massively.

Outside of the cycle, advisors will consult with me on a particular company  – now usually a merger or takeover/buyout.   A few times it will be one company’s expansion plans.

I cannot comment on the investment advisor companies or the companies which they look to provide capital for various reasons.   My ChFC bars me from disclosing information and so do the investment advisors.

One can easily see what companies contribute to a Workers Comp investment cycle by following any of the various publications out there.  Feel free to search for them on this blog.   I have written two or three articles on which companies provide the best information for my needs.

Beware of one warning now in the WC world.   Publications and bloggers exist that may call themselves soothsayers on matters in this niche’.   No one knows all about the subject.  Trust me on that one.

I was going to write more. However, I have to take a phone call from an investment advisory group.  The Workers Comp investments world is buzzing.

 

©J&L Risk Management Inc Copyright Notice

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James Moore

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Mgmt Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • WorkCompCentral.com
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers Compensation.com
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications

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