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Managing escalating workers comp costs:
Predictive modeling holds promise in many areas |
By Marty Ellingsworth, President, ISO Innovative Analytics (IIA), a unit of ISO |
| Already being applied successfully in many industries such as group healthcare and personal lines insurance, predictive modeling is starting to spark the interest of more and more workers comp carriers. Looking to stem soaring workers comp costs, some carriers are exploring this powerful analytics technology to help them identify cost drivers and better manage the workers comp line of business. » more |
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Workers Comp Fraud:
High-Tech Tools Offer Hope in Fighting Costly Problem |
A Perspectives interview with Richard Della Rocca, Vice President – ISO Claims Solutions |
| The workers compensation system has been plagued with fraud by individuals who see workers comp as an easy revenue source and manipulate it to their advantage. It’s a hefty problem, costing the industry an estimated $5 billion annually. Richard Della Rocca, Vice President – ISO Claims Solutions, comments on the problem and discusses effective ways being developed to combat it. » more |
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Arthur Cadorine, ACAS
Vice President
ISO’s Workers Compensation Information Services |
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