National Council on Compensation Insurance

Kinetic Adds Jump Detection to Reflex Wearable Platform

Retrieved on: 
Tuesday, May 17, 2022

NEW YORK, May 17, 2022 (GLOBE NEWSWIRE) -- Kinetic, the company providing wearable technology that fosters safe environments for the industrial workforce , today announced a new Jump Detection feature set for the Reflex wearable platform that expands the number of risky behaviors the device can detect.

Key Points: 
  • NEW YORK, May 17, 2022 (GLOBE NEWSWIRE) -- Kinetic, the company providing wearable technology that fosters safe environments for the industrial workforce , today announced a new Jump Detection feature set for the Reflex wearable platform that expands the number of risky behaviors the device can detect.
  • Jump Detection allows safety managers to:
    Discover high-risk jobs and employees, and to share data with them and provide specific coaching and support.
  • Kinetic added Jump Detection to Reflex in response to customer demand.
  • Kinetic provides wearable technology and a software analytics platform that helps reduce workplace injuries.

NCCI's Annual Insights Symposium (AIS) 2022--AIS Highlights Report Now Available

Retrieved on: 
Thursday, May 12, 2022

NCCI shared its in-depth State of the Line Report and other research at its newly renamed Annual Insights Symposium 2022 from May 9 through 11 in Orlando, FL.

Key Points: 
  • NCCI shared its in-depth State of the Line Report and other research at its newly renamed Annual Insights Symposium 2022 from May 9 through 11 in Orlando, FL.
  • Here are some highlights from NCCI's Annual Insights Symposium 2022:
    The workers compensation system is remarkably strong and resilient.
  • The business environment is changing, and the pace of change is quickening, so the demand for insights has never been greater.
  • Check out session summaries and the complete workers compensation State of the Line Report and State of the Line Guide , now available at ncci.com/AIS .

NCCI Announces 2021 Workers Compensation Performance Metrics

Retrieved on: 
Tuesday, May 10, 2022

BOCA RATON, Fla., May 10, 2022 /PRNewswire/ --The National Council on Compensation Insurance (NCCI) today released its performance metrics for the US workers compensation system for 2021.

Key Points: 
  • BOCA RATON, Fla., May 10, 2022 /PRNewswire/ --The National Council on Compensation Insurance (NCCI) today released its performance metrics for the US workers compensation system for 2021.
  • "The strength and resilience of the workers compensation system is a point of pride for all stakeholders," said Bill Donnell, President and CEO of NCCI.
  • "Strong employment and significant wage growth are fueling workers compensation payroll increases," NCCI Chief Actuary Donna Glenn added.
  • Founded in 1923, the mission of the National Council on Compensation Insurance (NCCI) is to foster a healthy workers compensation system.

NCCI Golf Event Generates $25,000 for Kids' Chance of America Scholarships

Retrieved on: 
Monday, May 9, 2022

NCCI will donate $25,000 to support Kids' Chance of America, in conjunction with its AIS 2022 golf event in Orlando, FL.

Key Points: 
  • NCCI will donate $25,000 to support Kids' Chance of America, in conjunction with its AIS 2022 golf event in Orlando, FL.
  • Kids' Chance of America and its state affiliates provide college scholarships for young people affected by a parent's workplace injury or death.
  • "NCCI's annual golf tournament is a great way to connect people in the workers compensation system and to support Kids' Chance," said Bill Donnell, president and CEO of NCCI.
  • "Guy Carpenter is honored to support Kids' Chance and help make this event happen," said John Trace, CEO of North America at Guy Carpenter.

NCCI Annual Issues Symposium--Leading Workers Compensation Conference Returns to Orlando on May 9

Retrieved on: 
Monday, May 2, 2022

BOCARATON, Fla., May 2, 2022 /PRNewswire/ -- The leading conference in the workers compensation industry begins next Monday, May 9, with the opening of the National Council on Compensation Insurance (NCCI) Annual Issues Symposium (AIS).

Key Points: 
  • BOCARATON, Fla., May 2, 2022 /PRNewswire/ -- The leading conference in the workers compensation industry begins next Monday, May 9, with the opening of the National Council on Compensation Insurance (NCCI) Annual Issues Symposium (AIS).
  • Nearly 900 workers compensation insurance executives and system stakeholders are expected from May 911 at the JW Marriott Orlando, Grande Lakes in Florida.
  • Founded in 1923, the mission of the National Council on Compensation Insurance (NCCI) is to foster a healthy workers compensation system.
  • These activitiescombined with a comprehensive set of tools and servicesmake NCCI the source you trust for workers compensation information.

NCCI Annual Issues Symposium to Showcase the Latest Workers Compensation Insights From Leading Experts--Full Agenda Now Available

Retrieved on: 
Tuesday, March 29, 2022

"The demand for insight into workers compensation has never been greater," said Bill Donnell, president and CEO of NCCI.

Key Points: 
  • "The demand for insight into workers compensation has never been greater," said Bill Donnell, president and CEO of NCCI.
  • This year's symposium, themed The Insights You Trust, will feature experts delivering detailed analysis on the top issues facing workers compensation insurance executives.
  • "The demand for insight into workers compensation has never been greater," said Bill Donnell, president and CEO of NCCI.
  • Founded in 1923, the mission of the National Council on Compensation Insurance (NCCI) is to foster a healthy workers compensation system.

Slice Strengthens Commitment to Protecting Small Businesses With the Launch of AERO’s Workers’ Compensation Insurance

Retrieved on: 
Tuesday, March 8, 2022

Slice Labs Inc. (Slice), a technology company with the first on-demand cloud-based insurance platform, and Appalachian Underwriters, Inc. have launched Workers Compensation Insurance via AERO Insurance.

Key Points: 
  • Slice Labs Inc. (Slice), a technology company with the first on-demand cloud-based insurance platform, and Appalachian Underwriters, Inc. have launched Workers Compensation Insurance via AERO Insurance.
  • AEROs Workers Compensation Insurance product is available initially in Georgia and Illinois, but will soon be available nationwide to Appalachians growing customer base of over 100,000 independent agents.
  • The AERO Insurance Workers Comp product supports primary industries such as Automobile Service, Construction, Hospitality, Manufacturing, Retail / Wholesale and more across 55+ class codes.
  • "By expanding our product offerings with AERO to include Workers' Compensation Insurance, we are taking another important step in providing comprehensive and affordable coverage to small businesses, which is often one of their largest operational expenses," said Tim Attia, CEO of Slice.

NCCI's Annual Issues Symposium - Registration Now Open

Retrieved on: 
Tuesday, February 1, 2022

BOCA RATON, Fla., Feb. 1, 2022 /PRNewswire/ -- The National Council on Compensation Insurance (NCCI) has opened registration for itsAnnual Issues Symposium (AIS) 2022.

Key Points: 
  • BOCA RATON, Fla., Feb. 1, 2022 /PRNewswire/ -- The National Council on Compensation Insurance (NCCI) has opened registration for itsAnnual Issues Symposium (AIS) 2022.
  • "AIS addresses the most relevant issues in the workers compensation system," said Bill Donnell, President & CEO of NCCI.
  • NCCI's Annual Issues Symposium 2022The Insights You Trust offers unparalleled access to workers compensation expertise featuring the highly anticipated State of the Line report from NCCI Chief Actuary Donna Glenn.
  • "AIS addresses the most relevant issues in the workers compensation system," said Bill Donnell, President and CEO of NCCI.

Applied Underwriters Looks to Complete Major Acquisitions, Continue Organic Growth following Successful 2021 Year

Retrieved on: 
Tuesday, January 4, 2022

Mr. Sahara observed that Applied remains somewhat cautious, but never fearful: "We consider the domestic, traditional admitted market to be way oversupplied.

Key Points: 
  • Mr. Sahara observed that Applied remains somewhat cautious, but never fearful: "We consider the domestic, traditional admitted market to be way oversupplied.
  • Continuing our successful efforts in 2021, Applied is well set to capitalize swiftly on changing market conditions and resulting opportunities."
  • Parallel, Applied Underwriters continued to be distinguished for its long-standing leadership in workers' compensation insurance, claims, employment practices and work environment.
  • As a company, Applied Underwriters has been distinguished by its innovative approaches to client care and by its strong financial strength.

NCCI Releases Multi-Bureau Collaborative Report on COVID-19 Claims Characteristics and Trends

Retrieved on: 
Wednesday, December 15, 2021

COVID-19 indemnity claims closed more quickly than non-COVID-19 indemnity claims, partly driven by the large share of indemnity-only claims.

Key Points: 
  • COVID-19 indemnity claims closed more quickly than non-COVID-19 indemnity claims, partly driven by the large share of indemnity-only claims.
  • Despite the higher closure rate, the ratio of paid to paid + case losses on COVID-19 claims is lower when compared with that for non-COVID-19 claims.
  • In support of this mission, NCCI gathers data, analyzes industry trends, and provides objective insurance rate and loss cost recommendations.
  • These activitiescombined with a comprehensive set of tools and servicesmake NCCI the source you trust for workers compensation information.