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When Hurricane Katrina devastated the Gulf Coast of the United States six years ago, it left more than $81 billion in total estimated property damage. Katrina also represents one of the top five deadliest hurricanes in U.S. history, with more than 1,800 deaths caused by the disaster and subsequent flooding.

By now, it's hardly a secret that by most measures the use of opioids to treat pain has created an ongoing problem within workers' compensation claims, both in terms of cost and worker health. And there hasn't been any shortage of data being published illustrating the impact across many different metrics.

The past couple of years have been extremely challenging for the Property & Casualty insurance market, with earthquakes, floods, hurricanes, tornadoes, oil spills and more causing havoc around the globe.

Proactive drug-monitoring programs reduce narcotics abuse, produce better outcomes and lower workers' compensation costs.

Riskonnect Inc. has brought a solution for the "discoverability" issue to the world of risk management, but that's only one part of how Chatter, a new, award-winning collaborative capability is helping Riskonnect and its clients succeed at the business of risk management.

When the Patient Protection and Affordable Care Act (PPACA) became the law of the land in March 2010, it caused quite a stir to say the least. After all, many consider it the most sweeping change to U.S. healthcare since the advent of Medicare in 1966. Among other things, healthcare reform is expected to significantly increase demand for services. Due to provisions within the law, it is also likely to cause movement away from reimbursement for volume-based care to value-based care. In other words, the PPACA's intention is to have providers deliver quality healthcare in the most cost effective manner possible.

As the healthcare and insurance sectors prepare for big changes in healthcare laws, experts say more transparency might also lead to unwarranted malpractice claims.

The color grey has typically had less-than-positive connotations. When it comes to workers' compensation, that connection is especially on target, as "grey zone" medications are increasingly clouding the picture in utilization management.

When choosing marine cargo insurance, it's important to consider factors beyond price.

Many employers today find themselves struggling to get their arms around their workers' compensation cost drivers.

In May of 2011, the workers' compensation industry recognized the 100th anniversary of the first statewide workers' compensation law to be adopted.

It is time for brokers and risk managers to re-think Accident Insurance. As part of a forward-looking, comprehensive risk management plan, Accident Insurance delivers demonstrable and strategic value to risk managers, brokers and their clients.

How to manage absences, save money and increase productivity.

When it comes to fundamental business processes, the property and casualty insurance (P/C) industry mainly is about underwriting, claims and policy administration. The connecting tissue underneath those three critical areas is data, clearly one of any P/C insurance carrier's most valuable assets.

A few years ago, the management team at Sedgwick Claims Management Services Inc. (Sedgwick CMS) got together with a group of clients to hear what was on their minds. The response was loud, clear and consistent.