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Workers Compensation: Results, Research, and Recent Trends

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Description

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR. DUE TO HIGH VOLUME OF DEMAND, WE ARE ONLY ABLE TO GUARANTEE A SEAT TO THOSE WHO REGISTER 48 HOURS AHEAD OF THE WEBINAR TIME.

2023 Webinar - Workers Compensation: Results, Research, and Recent Trends - August 9

Discuss a variety of workers compensation topics from the actuarial perspective. This includes an overview of industry financial results, recent trends, medical cost drivers, and large claim behavior. Key messages include: The calendar year combined ratio for workers compensation is 84%, a sign of underwriting profitability for the system; Workers compensation’s accident year combined ratio is 97% with prior years continuing to experience downward reserve development; Lost-time claim frequency returned to its 20-year trend, declining 4% in the past year; NCCI introduces an analytic method to deconstruct changes in medical utilization over time into contributions from changes in injury mix and medical treatment; The factors driving inflation in large claims can be vastly different from the trends affecting more typical workers compensation claims.

Learning Objectives:

  1. Discuss a variety of workers compensation topics.
  2. Provide an overview of financial results, cost drivers, and recent trends.
  3. Discuss results from an actuarial perspective.
Registration Information and Fees

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR

Registration Fees (in U.S. Dollars) Received on/by
July 26, 2023
Received after
July 27, 2023
Individual $50 $75
Multiple Connections**
(Unlimited internet connections for individuals working for the same company. Please note that audio for this presentation will be streamed via the web)
$600 $650

*Multiple Connection Registrations should contact Leanne Wieczorek directly at 
lwieczorek@casact.orgThe registering party for the Multiple Connection Registration will be responsible for distributing all event details to attending individuals within their company.

No Broadcast Policy
Your registration entitles you to access CAS’ webinar programs for which you have registered. By registering to attend the webinars, you agree not to sell, transfer, or otherwise share your webinar access link and/or code unless such sharing is authorized by CAS. You further agree not to record or broadcast CAS’ webinar programs without advance written authorization by CAS.

Cancellations/Refunds
Registrations fees will be refunded for cancellations received in writing through email, refund@casact.org, by August 2, 2023 less a $25 processing fee.

CAS Continuing Education Policy
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide Actuarial Services. Actuarial Services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings or opinions based upon actuarial considerations.” Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy. For further information regarding the CAS Continuing Education Policy please visit the CAS web site.

CAS Webinars may qualify for up to 1.8* CE Credits for CAS members.
Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time, not to include breaks and/or lunch. *The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the Casualty Actuarial Society.

Contributors

  • Anae Myers, ACAS, MAAA

    Anae Myers joined NCCI in 2012 after graduating with a BA in mathematics from Florida Atlantic University (FAU). After she became an Associate of the Casualty Actuary Society, her interest in mathematics led her back to FAU to pursue a PhD in harmonic analysis and interpolation theory. She returned to NCCI in 2020 and enjoys the challenge of applying her mathematical training to research opportunities there.

    Myers is currently finishing her dissertation. She remains involved in the mathematics community and mentoring initiatives for women and girls in mathematics.

  • Amanda Glish, FCAS, MAAA

    Amanda Glish is a Director and Actuary in the Actuarial & Economic Services Division. Amanda joined NCCI in 2016. During her entire tenure, Amanda has worked on a number of NCCI’s loss cost and rate filings, most recently filling the role as state actuary responsible for the KS and VA jurisdictions. In addition, she contributes to ongoing research and modeling efforts under the Analytics focus area. Prior to employment with NCCI, she worked in personal lines pricing for a private insurer in the Midwest.

    Amanda graduated from the University of Wisconsin–Stevens Point with a BS degree in mathematics and economics. She is a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries. 

August 9, 2023
Wed 12:00 PM EDT

Duration 1H 30M

This live web event has ended.

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