WORKERS' COMPENSATION


Even though workers' compensation claims frequency has declined every year for more than a decade, workers' compensation costs have continued to rise.

Marsh's National Workers' Compensation Practice serves client needs in relation to workers' compensation in all 50 states, the District of Columbia and under various federal laws. The practice is also able to provide information on Canadian workers' compensation, via our Canadian operations, which encompass Marsh North America.

The practice is focused on various current and emerging issues in the workers' compensation industry. Central to our goal is keeping our clients and colleagues abreast of jurisdictional legislation change and reform impact. The practice interprets what reform changes mean to employers and, where possible, what can be done to optimize cost-saving benefits on a state-by-state basis.

Marsh also has established two teams of colleagues who serve as workers' compensation resource experts for all 50 states, as well as the District of Columbia and territories outside of the United States. Each group is able to answer workers' compensation-related questions, including claims issues.

With the Workers' Compensation Expeditors' team, Marsh has a contact for each state that is able to assist with the client's claims history and its overall influence on their renewal. They are able to help with classification and rating questions. Our second team provides a designated jurisdictional expert for workers' compensation claims for each state who provide information and support on various claims issues. Familiar with state specific labor codes and case law, the jurisdictional expert can identify the effect of a specific claim.

Working together with our workers' compensation expeditor and jurisdictional experts, Marsh's National Workers' Compensation Practice is able to provide assistance with workers' compensation legislation, placement, rules and regulations, and claims issues specific to each location of the client's business.

Marsh's National Workers' Compensation Practice, in conjunction with client advisory and Marsh Risk Consulting colleagues, brings solutions to clients in all market segments and industries that will reduce the frequency and severity of workers' compensation claims and ultimately reduce the cost of losses and expedite injured workers return to the labor force.

The need to aggressively confront the workers' compensation challenges before us continues to gain social, economical and political attention. Marsh's National Workers' Compensation Practice takes a comprehensive, consultative approach to risk management, working as trusted advisors to our clients and colleagues to help drive down our clients' workers' compensation cost — and drive up their profitability. Our team delivers a broad array of risk consulting and claims management services designed to help the client. Our proprietary data and knowledge, along with our new tools and technology touched on above, enable the Workers' Compensation Practice to bring effective total cost of risk solutions to our clients.

Marsh Risk Management Research
Ebola: US Insurance and Risk Considerations for Health Care Providers
October 17, 2014  |  Views: 6076 |  Comments: 0 
Ebola: US Insurance and Risk Considerations for Health Care Providers
We cover multiple risk scenarios and insurance coverage issues health care providers need to understand when treating Ebola patients.  >>
Targeting Prescription Drugs to Decrease Workers’ Compensation Costs
March 23, 2015  |  Views: 5071 |  Comments: 0 
Targeting Prescription Drugs to Decrease Workers’ Compensation Costs
Policies to help limit use of compounded drugs and physician dispensing can significantly reduce expenditures.  >>

Additional Thought Leadership
Webcast:  Workers’ Compensation 2015: Understanding the Evolving Legal and Regulatory Landscape
April 13, 2015  |  Views: 84446 |  Comments: 0 
Webcast: Workers’ Compensation 2015: Understanding the Evolving Legal and Regulatory Landscape
Ongoing legal challenges and legislative developments could dramatically alter the workers’ compensation landscape across the country. Join Marsh’s Workers’ Compensation Center of ...  >>
Workers’ Compensation, Cyber, and Analytics in Focus at Advisen’s 2015 Casualty Insights Conference
April 04, 2015  |  Views: 88630 |  Comments: 0 
Workers’ Compensation, Cyber, and Analytics in Focus at Advisen’s 2015 Casualty Insights Conference
Regulatory trends, emerging risks, mergers and acquisitions, and more were top of mind for risk managers, insurers, and brokers at the recent Advisen Casualty Insights Conference i...  >>
Risk Management 101 Webcast Series: Basics of Casualty
March 12, 2015  |  Views: 100795 |  Comments: 0 
Risk Management 101 Webcast Series: Basics of Casualty
Risk management — identifying, managing, and monitoring exposures — requires discipline, organization, tools, and strategy. Marsh’s Risk Management 101 webcast series is designed t...  >>
Five Strategies for Reining in Workers’ Compensation Prescription Drug Costs
February 20, 2015  |  Views: 91396 |  Comments: 0 
Five Strategies for Reining in Workers’ Compensation Prescription Drug Costs
Workers’ compensation prescription drug costs have been a challenge for many employers in recent years. Although there are several factors behind the increase, two increasingly com...  >>
OSHA’S Part 1904 – Injury and Illness Reporting and Recordkeeping Rules Revised and Expanded
February 01, 2015  |  Views: 56351 |  Comments: 0 
OSHA’S Part 1904 – Injury and Illness Reporting and Recordkeeping Rules Revised and Expanded
OSHA's revised injury and illness reporting and recordkeeping rule includes two key changes.  >>
President Obama Signs TRIPRA Legislation Into Law
January 13, 2015  |  Views: 101951 |  Comments: 0 
President Obama Signs TRIPRA Legislation Into Law
Law puts back in place federal backstop for terrorism insurance first established in 2002.  >>
Risk Differentiation Key in Non-TRIPRA Landscape
December 22, 2014  |  Views: 105060 |  Comments: 0 
Risk Differentiation Key in Non-TRIPRA Landscape
Terrorism risk models and effective business continuity plans can play a key role in improving business resiliency and accessing alternative terrorism insurance markets.  >>
Steps Organizations Can Take in Light of TRIPRA’s Looming Expiration
December 18, 2014  |  Views: 176344 |  Comments: 0 
Steps Organizations Can Take in Light of TRIPRA’s Looming Expiration
Expiration has implications for almost any line of insurance coverage as well as captive programs.  >>
Marijuana Legalization: Insurance and Risk Management Perspectives for Employers
September 30, 2014  |  Views: 53338 |  Comments: 0 
Marijuana Legalization: Insurance and Risk Management Perspectives for Employers
Legalization of marijuana results in host of evolving insurance and legal consequences.   >>
Webcast: Restaurant Loss Cost Benchmarking
August 13, 2014  |  Views: 110384 |  Comments: 0 
Webcast: Restaurant Loss Cost Benchmarking
Our panel of experts will discuss how they will combine loss data from restaurant peers to produce a comprehensive annual report that can help you to identify trends within the ind...  >>
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Marsh Workers' Comp Council
Views: 99553 |  Comments: 0 
Marsh Workers' Comp Council
The Workers' Compensation Council is made up of approximately 50 Marsh experts spanning our core brokerage, analytics, workforce strategies, and claims operations.  >>
RiskIQ: Workers’ Compensation Program Benchmarking
Views: 50836 |  Comments: 0 
RiskIQ: Workers’ Compensation Program Benchmarking
Our workers’ compensation benchmarking report contains a portfolio of metrics, enabling you to identify cost drivers, plan improvements, implement best practices, and increase prof...  >>
Workforce Strategies
Views: 102830 |  Comments: 0  | Article Rating
Workforce Strategies
Marsh Risk Consulting’s consultants support efforts to reduce workers’ compensation loss costs, improve productivity and profitability.  >>
Benchmarking Services
Views: 70378 |  Comments: 0  | Article Rating
Benchmarking Services
The Benchmarking Portal's growing database contains information on more than insurance policies covering $US75 billion in placements.  >>
Casualty Insurance
Views: 101573 |  Comments: 0  | Article Rating
Casualty Insurance
Marsh's casualty professionals create solutions that range from traditional transactional casualty insurance programs to strategic financing and integrated risk programs.  >>
Claims Inventory Workout
Views: 100067 |  Comments: 0 
Claims Inventory Workout
Marsh's claims inventory workout process accelerates the closure of open workers' compensation claims and to reduce outstanding liabilities.  >>
Controlling Workers' Compensation Costs During Facility Closures and Layoffs
Views: 91945 |  Comments: 0  | Article Rating
Controlling Workers' Compensation Costs During Facility Closures and Layoffs
During a facility closing, an employer faces the likelihood that their workers’ compensation claims will increase and become more challenging.  >>
Entertainment & Media: Foreign Liability Insurance
Views: 99754 |  Comments: 0 
Entertainment & Media: Foreign Liability Insurance
When a production is to be scouted or filmed outside of the United States or Canada, a foreign Workers' Compensation policy may be required.  >>
Entertainment & Media: Workers' Compensation and Employers' Liability Insurance
Views: 92207 |  Comments: 0  | Article Rating
Entertainment & Media: Workers' Compensation and Employers' Liability Insurance
Workers' Compensation and Employers' Liability Insurance is required by state law and applies to all temporary or permanent cast or production crew members  >>
Ergonomics
Views: 91809 |  Comments: 0  | Article Rating
Ergonomics
We analyze worksites and assist in developing cost-effective strategies to avoid or mitigate workers’ compensation claims and lost productivity through targeted ergonomics services...  >>
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December 17, 2014  |  Views: 5163
Marsh & McLennan Companies’ Response to Failed Reauthorization of TRIPRA
Marsh & McLennan Companies is working closely with clients to assess situation and identify solutions.  >>
January 30, 2013  |  Views: 12353
Further Firming Expected in US Commercial Insurance Market in 2013: Marsh
US commercial insurance rates are expected to continue firming in many lines of business and industry sectors in 2013 as above average losses, subdued investment returns, and reced...  >>

Contacts

Christopher Flatt
Workers' Compensation COE Leader
New York NY United States
christopher.flatt@marsh.com

   

Workers'
Compensation Toolkit

Industry-leading perspectives on how an integrated, holistic approach to workers’ compensation can enable you to rein in costs and provides our insights into the latest factors driving costs.

Go To Toolkit >>