Podcasts & Blogs
Featuring emerging issues impacting the public risk management community, listen and read these resources to remain cognizant of best practices in the profession!
PRIMA Podcasts are available on iTunes!
Rising claims and rising costs are the curse of school administrators who continually look for ways to reduce the probability of injuries happening on their campuses, and it’s also why risk managers embrace the saying – “the best Workers’ Comp claims are the ones that never happen.”
Additionally, the person who will serve as pilot of the drone needs training and certification as a remote pilot, which involves classroom or online training and completion of a test. If the individual is already a private pilot, recreational pilot or sport pilot that will suffice.
The industry, using the RFP and spreadsheets, has done a good job of holding unallocated expenses steady over the past 15 years. As a result, the claims fee now covers approximately 60% of a TPA’s expenses, such as investments in technology, and the overall rise in expenses (e.g. benefits) facing businesses today.
Whether you are trying to convey policies, proper methodologies, expectations, or coaching, the ability to communicate effectively often proves to be a limiting factor for many people – especially managers and supervisors.
Well-known and understood among underwriters is the challenge of the investment environment, which has been disrupted continuously since the recession beginning 2008 with returns being artificially suppressed by the federal government’s economic strategy. This fact only exacerbates the reality of the conservative investment limitations already imposed on the industry by regulators.
I recently had the opportunity to mingle with public entity risk managers from across the country at the national PRIMA conference in Atlanta. I took the opportunity to ask those I met (as often as I could, while trying not to be too annoying), “How can we reduce law enforcement auto accidents?”