Legislature passes lump-sum comp settlement bill On Business Insurance - April 13, 2021 Injured workers in Washington state would have the option of receiving lump-sum settlements under a bill delivered to Gov. Jay Inslee on Monday.   The Senate passed S.B. 5046 49-0 on Feb. 10, and the state House of Representatives voted 98-0 to pass the bill on April 5. Link To Article

Modest increases in costs per comp claim in 18 states: WCRI On Business Insurance - April 8, 2021 An analysis of costs per claim and other performance indicators across 18 state workers compensation systems for claims through March 2020 for injuries up to and including 2019 show stable to modest increases, according to a series of reports released Thursday by the Workers’ Compensation Research Institute. Link To Article

What The Telecommuting Trend Could Mean For Florida Workers Comp Claims On Insurance Journal - April 1, 2021 As companies continue to adapt to COVID-19, it is evident that one of the long-lasting effects of the novel coronavirus will be the increased number of permanent work from home accommodations. According to a recent Gallup poll, 33% of U.S. workers are “always” working remotely, while 25% are now “sometimes” working remotely.  Link To Article

Insurers May Be On The Hook For Millions From Suez Canal Crisis On Property Casualty 360 - March 29, 2021 After days of blocking one of the world’s key trade routes, the chartered Ever Given cargo ship that blocked the Suez Canal is now afloat, allowing for the normal resumption of traffic.   However, the potential for thousands of insurance claims to arise from the crisis that upended global trade has not floated away. Link To Article

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