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Regulatory Tag: Industry Data

February 7, 2025
NCCI Publishes Mega Claims Report

Mega claims – with losses over $2 million – represent less than 0.1% of claims, but over 2% of total loss dollars.

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February 7, 2025
NCCI Releases Medical Inflation Report

The report the rising cost of physician services, the largest category of medical spending in workers’ comp.

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January 27, 2025
NCCI Publishes Labor Market Insight Report

The report covers trend in employment growth, wages, and sectors most impacted.

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January 27, 2025
WCRI Explores the Lifecycle of Claims in New York

The study examines overall claim cost, timing of key indemnity payments, and other system performance indicators.

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December 13, 2024
California Publishes 2024 Geo Study

The new WCRIB study focuses on regional disparities in workers’ comp claim patterns from 2013-2022.

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December 9, 2024
Texas Publishes Biennial Report to the 89th Legislature

Among a wide array of data, pharmacy spend decreased 71% from 2012-2022, with average cost per pharmacy claim dropping 38%, from $908 to $563.

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December 9, 2024
New Mexico Workers’ Compensation Administration Publishes Annual Report

Claim frequency has trended down since 2019, with medical-only claims fluctuating and average per-claim costs peaking at $8,817 in 2022.

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December 3, 2024
NCCI Publishes Injury Characteristics and Insights Dashboard

The dashboard examines data on cause of injury, nature of injury, body part grouping, and injury severity rankings.

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November 18, 2024
NCCI Publishes Annual Carrier Executive Survey

More than 100 carriers were surveyed, and four top industry concerns were noted by NCCI.

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November 18, 2024
Bureau of Labor Statistics Publishes Workplace Injuries and Illness Report

Private industry employers reported 2.6 million nonfatal workplace injuries and illnesses in 2023, down by 8.4% from 2022.

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