Reconciling Financial Call Data — Being Proactive will be the Key to Success

By Art Cadorine, Assistant Vice President, ISO

As regulators become stricter in their requirements for statistical and financial call data, with more stringent data-collection, validity-check, and reconciliation criteria, carriers must figure out how to comply with these requirements or face possible penalties. Carriers need to be proactive by taking a hard look at their current data-management systems and seek new ways to manage their data.       »more

The Power of Predictive Modeling and the Value of Data in the Results

The health care and insurance industries have been tapping the power of predictive analytics for its accuracy in forecasting probabilities and trends. Being able to produce an accurate picture of what to expect in the future offers innumerable benefits for insurers.       »more

Whether You’re Ready or Not, Release 3 is Coming — Preparation Poses Big Challenges

As more states move closer to adopting the IAIABC’s new Release 3 standard for electronic FROI and SROI reporting, insurers must deal with a mix of issues. Quite a change from Release 1, Release 3 introduces a new format, additional data elements, and revised processing rules, which will be complicated by jurisdictional variances.       »more

  

Arthur Cadorine
Assistant Vice President
ISO’s Workers Compensation Information Services

 

 

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