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West Virginia Governor Signs Opioid Reduction Act
In an effort to reduce the high number of opioid deaths in the state, West Virginia just passed an Opioid Reduction Act.
January 2018 Used Vehicle Market Conditions
Wholesale used vehicle prices started the year in the pattern that characterized much of 2017 in the months prior to hurricane season. Namely, car prices tended to fall while truck prices provided a boost to average wholesale values. In January, car prices continued to show year-over-year price declines, while truck prices did the opposite, but that situation is moving towards parity, as indicated by strong month-over-month increases in car prices.
Premiums Written: Q1 2018 Casualty Must-Reads
This quarter, Mitchell was featured in Property and Casualty 360, where Mitchell’s Claims Performance Consulting Directors Edward Olsen and Ryan Mandell delve into how developing an analytics- driven culture from the outside in provides the opportunity for increased operational claims value. Additionally, we addressed how technology will play a large role in the future of the workers' compensation industry in Risk & Insurance Magazine by surveying their readers.
Are You Paying for Mistakes? The Impact of Errors in Workers' Comp Medical Billing
A report from the Medical Billing Advocates of America estimates that as many as 80 percent of all medical bills include incorrect information.
Auto Casualty Medical Price Index: Q4 2017
The National CPI for All Services, as reported by the Bureau of Labor Statistics in February 2018 is 123.56, which reflects a 2.7 percent decrease since Q2 2017 and eliminates the decrease experience seen in the previous quarter.
Workers' Compensation Medical Price Index: Q4 2017
The National CPI for All Services, as reported by the Bureau of Labor Statistics, in February 2018, is 123.56, which reflects a 2.7 percent increase since Q2 2017 and eliminates the decrease seen in the previous quarter.