Starlene Enfield, M.Ed., CRC
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The auto insurance industry—and the world at large—has faced no shortage of changes and challenges in 2020. From treatment trends to legislative updates, we’ve had to manage not only a changing business climate, but also industry-altering events that are reshaping auto insurance. During the 2020 mPower industry conference held in October, Mitchell experts shared several updates and highlighted trends that will impact the auto casualty industry in the coming year.
COVID-19 has caused many changes throughout 2020, including in the workers’ compensation industry, with many employees leaving the office and working from home, regulations that have affected health care delivery and an uncertain economy. These changes have come quickly and are still evolving, even as 2021 approaches. During the 2020 mPower industry conference held in October, Mitchell experts shared several important insights and emerging trends in the workers’ compensation industry that continue to change because of the pandemic.
Fewer cars on the road, increasing accident severity, an uncertain economy—these are just a few of the unprecedented challenges the auto insurance industry has faced in 2020. Now, third party liability insurers are seeking the best method to adapt to this ever-changing situation. Let’s take a closer look at some of the trends the third party market has experienced in 2020 and the potential changes you can make in your claims workflow today to better manage in the current environment.
Learn what trends Mitchell has seen in the third-party market in 2020 and potential changes that can be made to your claims workflows to adapt to these trends.
The test takes about 30 minutes and an indicator light will note a positive or negative result.
Revisions to Rule 16: Utilization Standards from the Workers' Compensation Rules of Procedure will go into effect January 1, 2021.