AssuredPartners

APRIL 17, 2023

Following hurricanes Harvey, Irma, and Maria, the deterioration of insurance companies’ loss ratios accelerated. After years of extreme weather events, carriers lost basic underwriting discipline in their rates, deductibles, and limits or capacity deployed. To correct their portfolios, they increased rates and deductibles.

Insurance 52

Insurance Insurance Carriers Deductions Deductible 52

InterWest Insurance Services

NOVEMBER 22, 2022

.” These global reinsurance giants have seen their profits erode substantially in the last few years due to the rising cost of natural catastrophes around the world, forcing them to increase what they charge insurance carriers. These moves are trickling down into the primary insurance market in the form of further rate increases.

Insurance Carriers 98

Insurance Carriers Insurance Deductions Deductible 98

The Workcomp Writer

MAY 17, 2022

For example, a letter sent January 22, 2018 indicated that Texas Mutual had paid $318,551.33 Stevenson settled his medical negligence case on January 25, 2018, for $270,000. On February 1, 2018, Texas Mutual sent another letter to Stevenson’s counsel indicating that as of that date, it had paid a total of $318,551.33

Workers’ Compensation 85

Workers’ Compensation Insurance Carriers Medical Deductions 85

The Workcomp Writer

FEBRUARY 1, 2022

In June 2018, a WCJ approved a compromise and release (C&R) agreement between Claimant and his employer, under which Claimant received a lump sum payment of $80,000 in exchange for waiving any future right to specific loss benefits for disfigurement under Section 306(c)(22) of the Act. Background. Claimant’s Proposed Distribution.

Workers’ Compensation 56

Workers’ Compensation Insurance Carriers Deductions Deductible 56

Corporate Synergies

AUGUST 27, 2018

There are typically three ways employers work with PBMs: A PBM bundled with the insurance carrier. A “third party carve-out,” in other words, a PBM that is separate from the insurance carrier. PBM Bundled with Carrier. © 2018 Corporate Synergies Group, LLC. Download PDF Subscribe to the Knowledge Center.

Insurance Carriers 40

Insurance Carriers Health and Welfare Medical Utilities 40

Corporate Synergies

JULY 22, 2019

From 2009 to 2016 (the most recent data available), the average amount that hospitals billed insurance carriers for an emergency room visit more than doubled, from $600 to $1,322. 2 Urgent Care Association , “Urgent Care Industry Whitepaper 2018: The Essential Role of the Urgent Care Center in Population Health”.

Employee Benefits 40

Employee Benefits Insurance Carriers Healthcare Health Savings Account 40

Genesis HR Solutions

AUGUST 9, 2018

per hour worked in March 2018. Deductions must be set up in payroll and carrier invoices must be paid each month. Sometimes changes made online don’t get through to the payroll processor or insurance carrier in time, so the employee or their dependents aren’t added to coverage until next month.

Employee Benefits 40

Employee Benefits 401(k) Health Insurance Insurance Carriers 40