Insights
Auto Casualty Updates & Trends: mPower Conference 2020 Takeaways
4 MIN READ
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.
Workers’ Comp Transformation and the Pandemic: 2020 Trends and Insights from the mPower Conference
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.
Managing Third Party Auto Claim Trends During COVID-19
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.
Ancillary provider's role in catastrophic claims
In workers’ compensation, catastrophic claims often require a lot of ancillary services which are extremely vital to an injured employee’s recovery.
CMS Recovery Thresholds for Liability, No-Fault, and Workers’ Compensation Insurance Settlements to Remain the Same in 2021
1 MIN READ
Keep current with new legislation and its potential effect on your organization. This regulatory update is for informational purposes only, and provides some key highlights on state initiatives that may impact the Medicare Set-Aside services Genex provides.
Strong networks in conjunction with a solid care model provide pathways to address injured worker mental-health challenges
4 MIN READ
Mental-health challenges present numerous hurdles for injured workers even in “normal” times. Now, because of the extraordinary fallout from the pandemic, it’s imperative to ensure that injured workers obtain access to high-quality mental-health assistance when it’s needed.
CMS Recovery Thresholds for Liability, No-Fault, and Workers’ Compensation Insurance Settlements to Remain the Same in 2021
1 MIN READ
Keep current with new legislation and its potential effect on your organization.