Workers Comp reserving pertains to the claims adjuster forecasting what the payouts on a claim will be over the life of a claim. Workers Comp reserving is very important as the basis for the E-Mod X-Mod factors. The reserving also heavily affects the budget of self-insured employers. The reserves can be found on the workers comp loss run
Workers Compensation Reserves More Accurate With Fee Schedules Workers Compensation reserves (Total Incurred minus Paid) receive an accuracy boost with fee schedules. Why? –
Workers Compensation Reserve Increases 10 Ways To Cause Huge Reserves Most Workers Compensation reserve increases can be controlled by employers. Let us see how employers
Workers Compensation Reserves – The Illusive Moving Target All Workers Compensation reserves have a common element. Very few, if any, employers, actuaries, underwriters, agents, and
How To Negatively Affect The Initial Work Comp Reserves The Work Comp reserves on a file are based on a more complicated formula than just
Workers Comp Reserve Reviews And Subrogation Our Workers Comp Reserve reviews uncover many concerns on claims handling. Subrogation refers to an insurance company seeking reimbursement
Term Of The Day – Stair Step Reserving The stair step reserving of Workers Comp is an age-old concern of any party to an insurance
Workers Comp Claim Reserving Workers Comp Claim Reserving should be followed closely as part of your workers compensation premium reduction program. One of the most
Over-reserving on WC Claims WC claims Over-reserving analyses are difficult. I usually try to post every two days. I have not posted for four days
Automated Workers Compensation Reserves Area Of Concern The Automated Workers Compensation reserves by carriers and TPA’s cause me much concern. Automated reserving is an area
Workers Comp Claims Reserves Set At 60 Days When are indemnity, medical expense reserves set on your claims? This subject is one of the most
Loss Run Claim Reserve Analysis – A Guide A loss run claim reserve analysis is one of the most important steps in reducing your workers
Automated Reserving Programs For Workers Comp – Better Than An Adjuster? I received this question on automated reserving in response to yesterday’s post. You had
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