Big data is increasingly at the heart of the analytics solutions future-focused claims organizations in workers’ compensation are developing.
Average Length of Rental (LOR) for collision replacement-related rentals in Q3 2022 was 18.2 days, representing a three-day increase from Q3 2021 (15.2 days). Last year, when we compared Q3 2021 to Q3 2020, the results showed a 2.9-day rise. This represents almost six full days in the last 24 months.
Average wholesale used vehicle prices in September were down for the fourth month in a row from their spring/tax-refund seasonal peaks in May, but at a more gradual pace than that seen in the three prior months. Hurricane Ian possibly had a moderating effect on wholesale price deterioration, due to the loss of used vehicle supply and the resulting replacement demand the storm generated. This moderating trend continued into October.
This online seminar is designed to assist claims handlers, employers and case managers in developing an understanding of the importance of establishing trust with injured employees.
On November 23, 2022, the New York State Workers’ Compensation Board
Opioid prescribing in workers compensation nosedived to an all-time low last year, a new report finds, but experts say there are concerns with other drugs being used for pain management.
SAN DIEGO, Calif.— Mitchell, an Enlyte company and leading technology and information provider for the Property and Casualty (P&C) claims and Collision Repair industries, today announced that Aviva Canada has implemented its full suite of enterprise claims management solutions.