Over the past two years, the COVID-19 pandemic has shifted the workforce. As infection rates increased, working arrangements changed for employees throughout the country. Many began working at home in some capacity. Now with vaccines available and hopes for infection...
How COVID-19 Affected Workers’ Compensation Claim Frequency and Severity
At the beginning of the pandemic, there was a lot of uncertainty regarding how the COVID-19 virus would impact the Workers' Compensation industry. Many were concerned that it would negatively affect claims causing them to surge – particularly those within the...
Are Workers’ Comp Implications Another “Long COVID” Symptom?
With COVID-19 cases on the rise again, we are left wondering what implications the deadly virus will have on our long-term health - and the health of our employees - for years to come. For more than 80% of infected adults, there’s potential for lingering COVID...
Did the Workers’ Compensation Industry Dodge a COVID-19 Claims Bullet?
COVID-19 was a top concern for Workers’ Compensation executives at the start of 2021. As the pandemic continued, those in the industry worried about the size and number of claims that could develop. To add to their concern, many states passed compensability...
Workers’ Compensation COVID-19 Claims Update
The White House is increasing pressure on insurance carriers to reevaluate what is considered a “covered loss” during the COVID-19 pandemic. How a Workers’ Compensation carrier will take coverage definitions and respond to a COVID-19 claim is changing so quickly that...
COVID-19 Dramatically Increasing the Work From Home Population – Now What?
As the coronavirus disease 2019 (COVID-19) outbreak continues to spread at a rapid pace, Risk Innovations has received an increased number of inquiries regarding work-related COVID-19 claims. Coverage varies with Workers’ Compensation statutes from state-to-state, so...
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