In the current climate of rising costs around supply chains, fuel, groceries, utilities and just about everything else, workers’ compensation managed care remains an area where companies can realize savings in order to impact the overall bottom line.
Reflecting on the impact of severe weather on development and property maintenance costs can be overwhelming. But tapping into natural defenses, even modestly, is essential to managing climate risks now and in the future.
Following the recent announcement of Sandy Bigglestone’s transition into the Deputy Commissioner’s role, the State’s Captive Insurance Division shares some of the secrets behind its 40-plus-year history of stability and its loyal and longstanding team.
AmTrust Specialty Program provides a full suite of coverage, claims and loss control services for hard-to-insure and niche risks that can be tailored to your requirements. As key differentiators, its nationwide network and diversified approach enable it to cater to a broader range of industries and clients.
Examinations are an important part of captive insurance regulation as they help safeguard the solvency of captive insurers and the health of the captive insurance industry. As important as exams are, they are often overlooked when choosing a domicile. Vermont’s world-class regulatory team knows the ins and outs of the examination process and has been successfully orchestrating them for over 40 years.
Pinnacle Actuarial Resources’ Aaron Hillebrandt advises caution for those engaged in managing cyber risk—even those seeking a captive solution, given the unknowns and volatility associated with the cyber insurance market.
Rising rates, restricted capacity, greater underwriting scrutiny and a push for better data quality — not to mention increasing regulatory compliance — are making cyber a harder risk than ever to tackle.
For companies looking to refresh their approach to care management for injured workers, it may be time for a program assessment. Leveraging the strengths of a tenured claims handling and care management team, coupled with research-backed insights can lead to better quality of care for an organization’s most valuable assets.
The war in Europe, inflationary pressures, and the ongoing fallout from a global pandemic are all contributing to supply chain disruption across many industries. Insureds need a risk management partner who can meet their needs as a consultant, in addition to providing tailor-made coverage.