Insights
Average Length of Rental for Repairable Vehicles: Q1 2018
Average Length of Rental for Repairable Vehicles: Q1 2018 Average Length of Rental (LOR) for Q1 2018 landed at 12.5 days in the United States, an increase of .4 days compared to Q1 2017. This represents a return to the consistent upward trends generated throughout 2015 and 2016 after a largely fat 2017 Once again, there was very little consistency between regions and states, suggesting that the quarterly result for the U.S. is not reflective of a genuine national trend.
Total Loss: Q1 2018
The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.
Premiums Written: Q2 2018 Casualty Must-Reads
2 MIN READ
Each quarter, I round up and highlight some of my favorite articles written by Mitchell experts and let you know where we have been published outside of our mPower thought leadership website. This quarter, Mitchell was featured in PropertyCasualty360, where Senior Director of Product Management Rebecca Morgan partnered with Bill Morgan from Guidewire Software to discuss the value of systems integration.
Advanced Technologies Reduce Complexity and Restore Lives
The renowned futurist Ray Kurzweil once said, “We won’t experience 100 years of progress in the 21st century—it will be more like 20,000 years of progress.” He is not alone in his thinking. By all accounts, we live in a time of unprecedented change, one that is driven by the exponential evolution of technology.
Do You Need a Medicare Set-Aside?
Workers' compensation payers are under increasing pressure to consider and protect Medicare's interests when settling claims. In this edition of Inside Workers’ Comp, Deborah Robinson Stewart, National Manager of Medicare Services at Genex, breaks down the basics of MSAs and offers insight of when they should be established.
How to Strategically Develop a Strong PBM Partnership
Building a strong partnership with your pharmacy benefit manager is vital to creating better outcomes. A business can take two main approaches to its relationship with its workers’ compensation pharmacy benefit manager (PBM): as either a vendor or a partner.
National Workers' Compensation and Disability Conference & Expo
The National Workers’ Compensation and Disability Conference & Expo (NWC&D) is the only national conferen