Workers Comp Corner

WORKERS’ COMP THOUGHT LEADERSHIP SERIES Presented by Plethy Recupe Simple Ideas for a Complex System The Crucial Role of Quality Data in Advancing AI in Workers’ Compensation by Bill Zachry, SCIF Board Member There is a paramount importance of quality data in the context of Risk Management / Workers’ Compensation and driving advancements in artificial […]

WORKERS’ COMP THOUGHT LEADERSHIP SERIES Presented by Plethy Recupe Simple Ideas for a Complex System Understanding the Total Cost of Risk by Bill Zachry, SCIF Board Member In today’s business landscape, the ability to quantify risks in financial terms is crucial. With this information, the business can focus appropriate resources to mitigate enterprise-wide risks by

WORKERS’ COMP THOUGHT LEADERSHIP SERIES Presented by Plethy Recupe Simple Ideas for a Complex System AI is Revolutionizing The Workers’ Compensation Industry by Bill Zachry, SCIF Board Member AI represents the future of workers’ compensation. However, like all new technologies, AI is not without its challenges and detractors. Here are a few considerations as we

All new technology has both positives as well as negatives. Many times during the initial development of the technology…

Settlement authority is used as a financial control mechanism to make sure that claims are not settled for more than their true value…

Within all claims operations, the claims manager and supervisor are responsible for balancing the examiners’ caseload to make sure that the examiners not only have the right caseloads…

Artificial intelligence relies on data to do its job. Some of the known problems with the use or management of AI…

The “Optimum” throughput of claims always results in the lowest total cost of claims. Instead of focusing on caseloads the industry should focus…

AI is revolutionizing the landscape of the workers’ compensation industry. I am particularly optimistic about the positive impact it will bring…

Roger was the most knowledgeable worker’s compensation claims person I ever met. He knew the labor code; he knew all the case law and how each legal opinion applied to that claim which was in his hand…

Teflon and the first 100 days. Everyone who starts in a new company or gets a new role is given an allotment of “teflon” when they start…

Every job in the insurance industry requires good negotiation skills. It remains a mystery to me that few in the insurance industry…

One of the biggest challenges that our society will experience in the next generation will be to transition from human driven cars to autonomous vehicles (AV)…

Every new technology comes with unintended consequences…

There are many different life situations facing parents. One of the most rewarding and challenging is the balancing act of raising children…

The workers’ compensation system is rife with negative experiences and outcomes…

One of the jobs of a claims manager in a claims office is to create an atmosphere which is relentlessly positive…

Roger was the most knowledgeable workers’ compensation claims person I ever met. He knew the labor code; he knew all the case law and…

The workers compensation claims settlement philosophy has a direct impact on the injured workers…

An analysis of the Settlement Authority Process and position paper on How to efficiently manage the process…