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Find Solutions & Strategies October 24, 2011 |
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 Excess Loss Development
NCCI study says largest claims develop down, while smaller claims develop up over time | |
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| A Note From The Editor |  | |
Dear WC Professionals:
Thanks to John M. Stahl, Esq, for his summary of the recent NCCI report on excess loss development.
Sincerely,
Robin E. Kobayashi, JD
LexisNexis Legal & Professional Operations
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| excess loss DEVELOPMENT | |
NCCI Studies Excess Loss Development: Largest Claims Develop Down and Smaller Ones Develop Up Over Time, by John M. Stahl, Esq.
A September 2011 NCCI research brief entitled "Workers' Compensation Excess Loss Development" followed up on NCCI's 2007 study of the same name. The executive summary of the current study explained that "large loss and excess development is relevant to calculating excess loss factors used in retrospective rating." In simpler terms, this means that these calculations help determine the possibility and amount of excess losses.
This summary added that the current study examined loss development related to: "Large deductible policies; State lump-sum settlement rules [and]; State ELFs (excess loss factors) at a $1 million limit." NCCI reported as well that it based its conclusions regarding excess loss development patterns on "large loss and catastrophe claims" that involve a claim of at least $500,000 and that relate to Accident Year 1984 forward. > Read more. |
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| Larson's spotlight: 5 recent cases you should know about | |
 Larson's Spotlight reports noteworthy workers' comp cases each week. This list was compiled by Thomas A. Robinson, a staff writer for Larson's Workers' Compensation Law, the nation's leading authority on workers' compensation law.
> Read the summaries & court decisions.
1. US: Social Security Judge's Findings Regarding Lack of Disability Approved In Spite of Contrary Opinions by Two "Workers' Comp" Physicians
2. US: Employer's Termination of Workers' Comp Claimant for Failing to Provide Immediate Notice of Injury OK In Spite of 30-Day Time Period for Notice in Statute
3. PA: Workers' Compensation Exclusion in UIM Policy Violates Public Policy and Is Void
4. FL: Claimant's Non-verbal Conduct May Constitute "Statements Made" For Purposes of Employee Fraud Statute
5. PA: Refusal to Respond to Answer Question as to Immigration Status Is Insufficient to Support Suspension of Benefits |
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| free enewsletter |
 If you haven't subscibed yet to our free weekly eNewsletter, send your full name and email address, along with your request for the National edition, to: robin.e.kobayashi@lexisnexis.com
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| blogS at the lexisnexis workers' comp law community |
 Workers' Comp Fraud Blotter - Claimant Caught On Video Roofing Before Attending His Workers' Comp Hearing, by LexisNexis Workers' Compensation Law Community Staff. Read it.
No "Lunacy" Here in Delaware: Employer's Payment of Medical Bills Does Not Create an "Implied Agreement" for Statute of Limitations Purposes, by Cassandra Roberts, Esq. Read it.
The Whitman Sampler-a Little Permanency Ruling Round-Up in Delaware, by Cassandra Roberts, Esq. Read it.
 MO: Police Chief Awarded Disability For Wiping Car Window, by Martin Klug, Esq. Read it.
MO: Claimant Loses Permanent Total Claim When Her Vocational Expert Concedes She Can Be Trained As Cashier, by Martin Klug, Esq. Read it.
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ENEWSLETTER ARCHIVES |
Take a deep dive into our past eNewsletters for 2011 and prior...warning - some links to articles may not work...report any linking problems to Robin.E.Kobayashi@lexisnexis.com. October 17, 2011: Diligent Job Search or Diddling Around.
October 10, 2011: Workers Compensation Claim Frequency.
September 26, 2011: Student-Athlete Controversy.
September 19, 2011: Prescription Drug Costs.
September 12, 2011: MSP Reporting: AIA Seeks Another Delay.
September 6, 2011: Tenth Anniversary of 9/11: Workers' Comp Perspective.
August 29, 2011: Battle of the AMA Guides: 5th Edition vs. 6th Edition.
August 22, 2011: Average Weekly Wage & Concurrent Employment.
August 15, 2011: War Hazards Compensation Act: Reimbursement Claims.
August 8, 2011: The Stroke Belt and Implications for Workers' Compensation.
August 1, 2011: FECA Senate Hearing.
July 25, 2011: Spinal Cord and Nerve Root Injuries.
July 18, 2011: Hearing Loss Burden of Proof.
July 11, 2011: State Workers' Comp Ball of Confusion: AIA's Position on WC Issues.
July 5, 2011: Pulmonary Embolism and the Homebased Worker.
June 20, 2011: Out of Network Pharmacies; Home Office Injuries.
June 13, 2011: Off-Label Drugs.
June 6, 2011: Transgender Issues.
May 31, 2011: Cell Phone Distractions.
May 23, 2011: FECA Reform Proposals; Benefits Review Board Update.
May 16, 2011: Full Face Transplant; Medical Foods; P&C Industry Trends.
May 9, 2011: State of the Line; Workers Comp Trends.
May 2, 2011: Prescription Drug Abuse.
April 25, 2011: Radiation Exposure; Medical Fee Schedules.
April 18, 2011: FECA Reform.
April 11, 2011: NCCI's 2011 Workers' Comp Issues Report.
April 4, 2011: Workers' Comp Centennial.
March 28, 2011: Medicare Secondary Payer Reform Legislation; LHWCA Comp Rates.
March 21, 2011: Triangle Shirtwaist Factory Fire.
March 14, 2011: Medicare Set-Aside & Special Needs Trust; Union Battle.
March 7, 2011: 50 State Labor Law Ranking; Illegal Aliens & Workers Comp.
February 28, 2011: Union Battle.
February 21, 2011: Erectile Dysfunction in Workers Comp Claims.
February 14, 2011: Workers Comp Notable People 2010.
February 7, 2011: Workers Comp Centennial; NCCI's Gauging the Economy.
January 31, 2011: Medicare Set-Aside Allocations; Workers Comp Soft Market.
January 24, 2011: Sex, Lies & Videotape - Injured Worker.
January 17, 2011: FECA & Workers Comp Waste; Medical Residents; AMA Guides.
January 10, 2011: Top 10 Bizarre Cases for 2010.
January 3, 2011: Depression and Delayed Recovery.
ACCESS 2010 ARCHIVES AND ARTICLES LIST HERE. |
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