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.

Proactive Prescription Programs: Proven Pharmacy Management Practices

Posted by Paul Peak on January 9, 2019 at 9:49 AM

When it comes to helping reducing time away from work following an injury and reducing claim spend, access to the right medications at the right time is crucial while also managing to prevent chronic use of high risk medications.

Using Video Data to Reduce Fleet Risks

Posted by Stephanie Forster on December 12, 2018 at 10:18 AM

Human error contributes to 94 percent of crashes according to decades of NHTSA (National Highway Traffic Safety Administration) research. How do you best capture these human errors to coach drivers and reduce risk, near collisions and collisions? And how do you protect fleet drivers and vehicles when 80% of accidents are caused by other drivers?

Vocational Rehabilitation: A First Step in the Right Direction

Posted by Tammy Bradly on November 15, 2018 at 11:18 AM

The goal of helping an injured person return-to-work and productivity is the best thing we can do. Standard operating procedure for return-to-work (RTW) is comprised of job analysis and the RTW discussion, which includes transitional opportunities. These steps are traditionally part of the initial assessment of the injured person by the employer. By initiating and developing these relationships between the injured person, employer and provider you establish credibility in the coaching process and help all parties to understand the vital role of the case manager.

Building School Resiliency

Posted by J. Brett Carruthers on October 31, 2018 at 11:29 AM

Sound fundamentals are the backbone of a strong school security program, and in the wake of the latest school shooting tragedies, now is the time to review “the six ‘R’s” of school security which lead to a resilient school.

Top Considerations for Hosting Special Events

Posted by Bradley York on October 10, 2018 at 9:50 AM

From farmers markets and festivals to parades and races, special events draw crowds and bring communities together but also bring an increased risk of liability to your public entity.

Addressing Unemployment Claim Exposures: The Risk Management Perspective

Posted by Sheldon Altschuler on September 12, 2018 at 9:31 AM

I’m possibly facing an uphill battle here – how in the world will I convince public entity risk managers that their internally driven unemployment activity is a part and parcel component of the larger risk management function?

Successful Safe Patient Handling Programs for First Responders

Posted by Bryan and Ariel on August 29, 2018 at 10:15 AM

From a risk management perspective, patient handling injuries to first responders remain a frequent and severe source of loss and expense to public entities. This reality is indicative of the need for cultural changes that will result in first responders consistently using body mechanics and equipment properly; even in the heat of the moment. Bryan Fass from Fit Responder offers additional insight:

Critical Steps to Designing an Effective Project Insurance Program

Posted by Shon DeVries on August 8, 2018 at 9:46 AM

There are five important steps that should be taken prior to the start of a project, which will help determine the “best fit” insurance program. While these steps are most often applied to large complex projects, following the general procedures can be very helpful in designing cost effective insurance for projects of all sizes.

Fighting the Opioid Epidemic with Genetic Testing

Posted by Larry Saunders on July 25, 2018 at 9:16 AM

Sometimes the effectiveness of a drug depends on how our bodies process it.  A lot of drugs are inactive until our liver enzymes transform them into an active form. Opioids (Vicodin, Percocet, OxyContin) work in this manner.  Someone whose body has little or no ability to process opioids into their active form receives very little or no pain relief. They are also more likely to take a higher dose than was prescribed in their quest for pain management.

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