Greetings!
Welcome to your weekly WCI Newsletter. We have selected the top stories that appeared on our website this week to help you stay up to date on what is happening in the world of workers' compensation and insurance. Enjoy.
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 WCI Briefs
To save you time, here's a sampling of workers' compensation and insurance news from around the country, each in 450 words or less. Read More |
 Iowa's Catch 22 on Medical Marijuana
An Iowa law makes marijuana oil legal to possess but impossible to get. And in the states where the oil is legal, Colorado and Oregon, it's illegal to sell cannabidiol to nonresidents. Nobody saw this Catch 22? Read More
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 Older and Cheaper Workers' Compensation Claims
Let's hear a cheer for old workers' compensation claims and senior citizens. A new NCCI study on medical payments for "old" workers' compensation claims (20 and 30 years after an injury) are cheaper when those payments are related to claimants over the age of 60 than when they are tied to claims by their younger cohorts. Read More
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 European Organizations Need to Improve Management of Top Risks
Risk managers in Europe are not unlike many of their counterparts on this side of the pond. Many are not satisfied with the level of mitigation for six of the top 10 risks "that keep their CEO awake at night." Read More |
 Pennsylvania Passes Legislation to Curb Costs of Physician Dispensing
Pennsylvania's HB 1846, the workers' compensation-related bill that caps reimbursement for physician-dispensed repackaged medications at 110 percent of the average wholesale price, is finally heading to the governor. It's been a tough fight. Read More |
 The New Digital Age of Health Care:
Wearable Devices
The joke "What time is it?" answered by "I don't know. I don't have my phone," may eventually be replaced with "How are you feeling?" answered by "I don't know. I don't have my app." Read More
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 Ohio Court Clarifies Standards for Evaluating Work Comp Cases
Ohio does not recognize the doctrine of dual intent when determining whether an employee injured while traveling for both work and personal reasons is entitled to benefits through workers' compensation, the Ohio Supreme Court decided. Read More |
 Travelers Reports Increases in 3Q Net Income, Revenues
The Travelers Companies, Inc. reported a 2014 third quarter net income of $919 million, an after-tax increase of $55 million, or six percent, from the same time period in 2013. Other key indicators also rose. Read More |
 Ebola: Deadliest Infectious Disease Event in a Century?
According to RMS modeling, until a tipping point is reached where the number of new Ebola daily cases declines rather than increases, the severity of the outbreak will continue to multiply, with the total number of new cases approximately doubling each month. Read More |
