Subscribe and receive new posts by email from Northwood. You can withdraw your consent at any time.

  • CLARITY IN BILLING IMPROVES THE BOTTOM LINE

    CLARITY IN BILLING IMPROVES THE BOTTOM LINE

    A seemingly endless variety of factors contribute to increased claims administration costs. Whether your insurance company administers automobile no-fault claims or workers’ compensation claims, it is essential to always take a proactive approach to controlling the cost of claims. An important topic to address within your company concerns the matter of clarity, or lack thereof,

    Read more →
  • GET A JUMP START ON CONTROLLING COSTS THIS YEAR

    GET A JUMP START ON CONTROLLING COSTS THIS YEAR

    As adjusters and examiners are reviewing claims statistics and planning for 2018, take a look at some of these challenges and associated suggestions that are designed to help you get ahead on controlling costs for the coming year. With every claim comes unique challenges and situations that are complex. Claimants who sustain catastrophic, orthopedic or

    Read more →
  • PROPROSED AUTOMOBILE NO-FAULT REFORM & CLAIMS COST SAVINGS

    PROPROSED AUTOMOBILE NO-FAULT REFORM & CLAIMS COST SAVINGS

    In recent months, a bill for automobile no-fault reform in the state of Michigan was introduced into the legislature. Key highlights of the proposed reform according to the Detroit Free Press included a call for reduced auto insurance premiums with a reduction ranging from 20 to 50 percent over a three-year period and a cap on medical fees for

    Read more →
  • MICHIGAN’S UPCOMING WORKERS’ COMPENSATION DECREASES & CLAIMS COST SAVINGS

    MICHIGAN’S UPCOMING WORKERS’ COMPENSATION DECREASES & CLAIMS COST SAVINGS

    As 2017 draws to a close, workers’ compensation pure premium advisory rate changes for 2018 have been announced. For the coming year, Michigan’s work comp premiums will be reduced by 9.3 percent according to the Insurance Alliance of Michigan’s (IAM) November 10, 2017, update. This update illustrates that between 2011 through 2018, employers paying for work comp

    Read more →
  • CLAIMANT OCCUPATIONAL THERAPY EVALUATIONS

    CLAIMANT OCCUPATIONAL THERAPY EVALUATIONS

    When it comes to both workers’ compensation claims and automobile no-fault claims, a wide variety of claimant injury types present unique challenges for examiners and adjusters alike. Minor injuries typically present fewer challenges within the administration of a claim while catastrophic injuries may necessitate the use of more in-depth and costly solutions in order to

    Read more →