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US Treasury Sell Off By China and Japan – Effect on Work Comp Markets

Insurance and Workers Comp Markets Anchor Investment Concern How can Workers Comp markets sustain any effect from China selling off US Treasuries?  Check my earlier articles on this very subject at this link.  Take a look at this chart from the Feds on to see if this situation is true. 

Workers Comp Hard Markets and China Financial Crisis

New Workers Comp Hard Markets May Come From China The Workers Comp hard markets of old have almost a fairytale connotation.  Many insurance workers and press may have only seen soft markets.   Workers comp hard markets still exists today.   It is sectional or just hardening for certain markets.financial

Will China US Treasury Sell Off Affect Insurance and WC Markets?

China US Treasury Sell-Off Possible In 2020 The China US Treasury relationship cannot be ignored when covering any type of financial market.   This is not a gloom and doom prediction.  The China US Treasury holdings are easily tracked due to the US Treasury’s  foreign holders page.     One

China – Filing Work Comp Claim

Filing A Compensation Claim In China Has Some Similarities A Compensation claim of China filing workers. China has now overtaken us as the world’s largest economy.  China’s Workers Compensation system seems to be very complex.   The system on paper looks very straightforward.  There are five basic steps that are

China Banking Crisis May Have Effect On US Insurers

The China Banking Crisis and Insurance Markets The China banking crisis that is supposed to arrive on January 31st may have an effect on US insurers.   A few articles over the last three month warned of a possible money crunch in China.  An article appeared in some of the

PARIMA 2021 Conference October 25 – 29th All Session Notes

PARIMA 2021 Conference October 25th – 29th, 2021 – International Risk Management How about international risk management?  Yes, there is an organization for that.  The PARIMA 2021 Conference was virtual.  As the conference was on a 12-hour time difference, my back office web contractor volunteered to take notes.   She did

Workers Comp Benefits Quiz – Test Your Knowledge – Updated

Workers Comp Benefits Quiz – 10 Quick Questions – Answered Most of the answers to this workers comp benefits quiz are in the articles that I have written since 2007.  Good luck. The answers will be provided on Monday, August 23rd with an article update.  If there are any questions

Workers Comp Markets Affected By Upcoming Election Cycle

Workers Comp Markets – Hard or Soft May Not Matter My brother asked me this question.   Will the upcoming election affect the Workers Comp markets?  He is a day trader of sorts. Writing articles for over 15 years means that I have covered this topic in the past.   My opinion

Hard Workers Comp Markets – The Silent Reasons Why

Hard Workers Comp Markets – Two of the Reasons Not Discussed That Often The hard workers comp markets usually occur when the suppliers (carriers) cut the supply of insurance to (demand) employers.   I have heard investment returns often discussed in many of the reinsurance webinars and articles – not so

WCRI 2020 Annual Conference Next Month – Show Me The Data + Secret

The WCRI 2020 Annual Conference – Data and Study Paradise  –  Thursday March 5th – 6th The WCRI  2020 Annual Conference (Workers Comp Research Institute) heads back to Boston this year.  Last year, the Conference was held in  Phoenix. I will be there on the front row doing my Workers’

Workers Compensation Negativity Volcano Erupts On A Daily Basis

Workers Compensation Negativity – What Happened To Positivity?  Measuring Workers Comp Negativity remains one of the easiest tasks for bloggers and authors inside and outside of the industry.    One has to ask how many times has a reader read an article extolling the virtues of a system that has been

Workers Comp Insurance Crisis – #1 Cause Called Bubble By Bankers

Workers Comp Insurance Crisis Comes From Outside US – Or Does It? The Workers Comp Insurance Crisis of the 1990’s seems so far away now.  The most notable factor comes from outside the US.   I have written often that China’s banking crisis could cause quite large rumblings in most of

Workers Comp Markets May Be Heavily Affected By This

Workers Comp Markets May Depend On China’s Banking Situation (Really) The Workers Comp markets in the US have many ratios and market forces that show a soft market.  However, (not to be gloom and doom) one of the least discussed or analyzed market forces (as related to insurance) is China’s

J&L Risk Management Consultants – Our 22nd Year – Thanks!!!

J&L Risk Management Consultants Begins 22nd Year of Service I started J&L Risk Management Consultants (originally called JLM Services) in 1995.  The old adage of “started on the kitchen table” applies to the 25 year plan created in one weekend with much hope and a large amount of coffee We

US Workers Comp System Compared to Other Countries

US Workers Comp System – A World Leader? The US Workers Comp System has come under attack very often recently.   I agree that isolated cases do occur – not a trend.   What is the greatest way to find out what is going on internationally.   Flying overseas always  gives me a

Major Workers Comp Changes On Horizon Fed .25 Point Increase?

The 10 Ways The Fed May Cause Major Workers Comp Changes We could be on the verge of major workers comp changes.  The Fed Head Janet Yellen and her Board just increased the Federal Bank lending rate by .25%.  This may not be a jolt to the insurance markets –

Work Comp Outpatient Hospital Charges – WCRI Exposes Myth

States Vary Greatly in Work Comp Outpatient Hospital Charges – WCRI The Work Comp outpatient hospital charges for even a minor procedure have become very expensive over the last 10 years. The Workers Compensation Research Institute (WCRI) released a study today which indicates great variability between states and with the

Answers To Workers Compensation Questions – Outside US

Answers To Workers Compensation Questions The answers to workers compensation questions below are from this Cutcompcosts article from last week.   The theme is Workers Compensation Outside the US.   Follow the link to the original article for the questions.  Thanks.   The pic has nothing to do with WC.

Workers Comp Articles – Outside of US

Workers Comp Articles The 1,530+ workers comp articles on Cutcompcosts cover some of the topics outside the US.  I will try to cover more of those in the upcoming weeks. The last workers comp questions and answers were very popular.  Below are questions that pertain to WC outside of the

Top 10 Challenges for WC – Expanded Part 2

Top 10 Challenges for WC – The Next Five Top 10 Challenges –  part 2 of 2 6.    24 hour coverage – WC and health melding 7.    No young workers in WC, Risk Management, or Safety Industries 8.    Deflation of the dollar as a currency 9.    WC

Top 10 Challenge Areas – Expanded Part I

Top 10 Challenge Areas – The First Five The article on the Top 10 Challenges for Workers Compensation received a large amount of inter-buzz. Two readers suggested an expansion (better explanation) of my list.   I will split the Top 10 into two articles. The first five of  My Top

Workers Compensation Hard Market Employers – How To Prepare

Workers Compensation Hard Market Preparation and Solutions  Employers need to know how to prepare for a Workers Compensation hard market.   China’s upcoming cash crunch may possibly never occur except there is an upcoming default by a major bank.   I am not a financial doomsday prepper.   However, in

Reinsurance/Excess Insurance Market Hardens

Reinsurance Market No Longer Soft The reinsurance/excess Insurance Market has started to change from a commodity marketplace.  The excess insurance market is usually the bellwether for the rest of  the marketplaces. Reinsurance/Excess Insurance is basically defined as a risk management technique.  The employer will purchase this type of insurance to

Partial Retention Is Great Risk Management Technique

Partial Retention Can Reduce Premiums and Budgets The Partial Retention of a risk can be thought of as either using a deductible or an umbrella to cover catastrophic events that would ruin certain insurance programs. Your car insurance deductible can be thought of as a partial retention.   If you

Time Bomb for Workers Compensation Markets – Tick, Tick, Tick

Workers Comp Is A Time Bomb A time bomb may go off soon in Workers Comp.  The post title has hit the Workers Comp airwaves after the President of Liberty Mutual had made it at a recent presentation. I often do not necessarily agree with Liberty Mutual. However, in this

Zenith Insurance’s Marketing Move In California Is Pure Genius

Zenith Insurance’s Marketing Move Was Unique The Zenith Insurance’s marketing program angle involved showing how little they increased their rates. A few California Workers Compensation Insurance carriers have filed lower rates than what is recommended by California’s Workers’ Compensation Insurance Rating Bureau (WCIRB). No matter what the decision California Insurance

California Workers Comp System – Possible Changes Coming Soon

California Workers Comp System Upcoming Changes California has performed well in finding ways to control their runaway Workers Compensation system.  As I predicted a few years ago, the California Workers Comp system would see the return of insurers once the environment stabilized enough that carriers would be able to underwrite Workers

Expected Has Come To Pass With Hardening of Insurance Markets

Workers Comp Insurance Markets Likely Hardening The Hardening of Insurance Markets occurred for Workers Comp recently.  The old soft market is no longer with us. I was very surprised that it took this long for the market to harden. This includes Workers Comp insurance and all other insurance coverages. In

AIG Failure Would Have An Effect On My Workers Comp Policy?

AIG Failure Effect On My Workers Comp Policy If you are covered for Workers Comp by AIG, there will still be coverages for your company even if they were to completely fail. Each state has a guaranty fund that will keep the claims payments in place. Those payments may be

More on West Virginia Conference From Last Article

West Virginia Conference – More Thoughts The West Virginia Conference article  from 4/08/08 (continued.) Outside of the Mandolidis decision, I thought that the insurance carriers were very positive about writing Workers Comp coverage in West Virginia. I was interviewed by the Charleston Daily Mail, which is the local newspaper for



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