A New Approach to Controlling Lag Time

Posted by Chuck Goodman on April 17, 2019 at 10:12 AM

There is a real benefit to reporting losses immediately after they happen. This is particularly important in workers’ compensation insurance. The time between the occurrence of the loss and the reporting to the insurance carrier is called lag time, and is usually measured in days.

Sober Living Homes

Posted by Robin Leal on April 8, 2019 at 9:09 PM

Risk Management of Police Response to Suicide Threats

Posted by Ken Wallentine on April 3, 2019 at 10:15 AM

Traditionally, America's police have met the mission to protect and to serve by responding to almost any call, including the call to intervene in a suicide threat. When a distressed person calls a family member to inform them that he is about to take their own life, the relative often calls the police next. When police arrive, the despondent person shouts at the officers to leave him alone.

What to Know When Establishing an On-Site Health Center

Posted by Terri Evans on March 26, 2019 at 1:07 PM

OwnRx: The Hidden Pharmacy

Posted by Mark Morgan on March 20, 2019 at 11:03 AM

Once in a blue moon, the U.S. government allows the implementation of a program that affords employers the opportunity to save money without inconveniencing employees. While you process that statement, think of what your current spend is on pharmacy. What just a few years ago was a small percentage of your medical cost may now occupy a higher percentage of the total spend without a cost control method in sight… until now.

How Public Insurers & Pools Can Positively Influence Police Operations

Posted by Richard Spiers on March 6, 2019 at 9:47 AM

In the last few years, the Federal Department of Justice (DOJ) has reduced their involvement in case investigations and engaging practice consent decrees against local police departments. With that oversight being reduced, the role of public entity insurers and municipal pools has taken on a larger role.

Pools become experts regarding any litigation trends in their state, but they can also learn about changes taking place all around the country by having discussions with their excess or reinsurance carrier.

Cyberbullying Prevention

Posted by Rick Phillips on February 26, 2019 at 1:27 PM

Legislation Addressing Public Disclosure of Body Cam Video

Posted by Samuel C. Hall Jr. on February 13, 2019 at 10:47 AM

The State of Ohio is currently considering legislation that would require that nearly all police body camera video be subject to public records disclosure.

Acquisition Cost Index Pricing for Medications

Posted by Mark Morgan on February 4, 2019 at 8:23 PM

Understanding Actuarial Methods

Posted by Cheryl White on January 30, 2019 at 11:35 AM

The purpose of most actuarial methods is to estimate ultimate losses, or total losses, for a particular accident period. Once an estimate of the ultimate losses is determined, outstanding losses or required reserves are easily calculated by subtracting the paid losses from these total losses.

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