Workers Comp

Boston-based software company Gradient AI on Tuesday announced the launch of WriteSpeed, a program that enables workers compensation insurers to use artificial intelligence in underwriting. WriteSpeed will use Gradient AI’s industry data to deliver a “pre-trained” AI model that workers comp underwriters can put to work immediately using a web portal, assessing the risk of policy …

Gradient AI unveils tech for workers comp underwriting Read More »

Chubb Ltd.’s use of artificial intelligence technology is growing, and it will start rolling out AI tools at scale, the insurer’s top executive said Wednesday while discussing the company’s first-quarter results. “We have a variety of use cases that have proven themselves out and we continue to iterate with it,” Evan G. Greenberg, Chubb’s chairman and …

Chubb ups use of artificial intelligence, posts lower profit Read More »

An end to the pandemic national emergency does not mean an end to COVID-19 workers compensation claims, but claim activity has decreased dramatically, experts say. On April 10, President Joe Biden signed a resolution ending the national emergency related to the pandemic, which ended some temporary federal programming and waivers but left intact the public …

COVID claims slow to a trickle as pandemic emergency ends Read More »

New York lawmakers are considering a measure that would allow occupational and physical therapy assistants to provide care for injured workers. S.B. 6501, introduced Monday, stipulates that the assistant must work “(u)nder the direct supervision” of an authorized occupational therapist or authorized physical therapist. The bill states such “supervision shall be evidenced by signed records …

N.Y. lawmakers to consider allowing medical assistants to treat injured workers Read More »

Brown & Brown Inc. reported its first-quarter revenue rose 23.4% to $1.116 billion, driven in part by continued rate increases. Organic growth was 12.6%, as commissions and fees increased 22.5% to $1.108 billion, the Daytona Beach, Florida-based broker said in its earnings statement released Monday after markets closed. Net income grew 6.9% to $235.5 million, …

Brown & Brown posts sharply higher revenue Read More »

A bill that would prohibit employers in Washington state from discriminating against potential job applicants based on the lawful use of marijuana is now in the hands of Gov. Jay Inslee for his consideration. Washington lawmakers sent Senate Bill 5123 to Mr. Inslee’s desk Monday, although it was not clear whether the governor would sign …

Washington pre-employment cannabis test bill heads to governor Read More »

The Nevada Supreme Court ruled a city attempting to bar a police officer from relying on a presumption that his heart disease arose out of employment must show the officer failed to address correctable predisposing conditions. Robert Holland served as a police officer for the Las Vegas Metropolitan Police Department for 25 years before retiring in 2012. During …

High court OKs heart disease presumption claim despite history Read More »

A massive stock award to one executive skewed the average compensation for the top U.S. insurance executives last year, but four out of five still made more than $20 million. Source link

The city of Delray Beach, Florida, has agreed to settle a federal whistleblower investigation by the U.S. Occupational Safety and Health Administration involving a city inspector fired for raising concerns about contamination in the public drinking water supply. OSHA announced Thursday that the city agreed to pay the former inspector $818,500 for harassing and terminating …

Florida city settles fired whistleblower case for $818K Read More »

The California Court of Appeals Thursday reversed a trial court’s granting of summary judgment to a general contractor being sued by an injured ironworker who was hurt while working on a construction project at Stanford University. The court ruled a lower judge wrongly dismissed a suit against Devcon Construction Inc. initiated by Jose Hernandez, who …

Dismissal of suit by injured ironworker improper: Appeals court Read More »