Avoiding Compliance Fines—How Insurers Can Stay Ahead

A close-up of a professional’s hands typing on a laptop, with futuristic digital compliance icons hovering above. The icons include a secure checkmark, a checklist, a handshake, a construction worker, a training symbol, and a warning sign, representing automated compliance workflows and regulatory adherence in insurance and workers’ compensation. The image conveys a modern, technology-driven approach to ensuring compliance and avoiding fines.

Failing to comply with workers’ compensation data reporting can lead to hefty fines and regulatory risks. This guide explores common pitfalls and strategies insurers can use to prevent costly compliance errors.

Preparing for Medical Data Call Reporting: What Insurers Need to Know

A doctor in a white coat with a stethoscope around their neck holds a tablet displaying digital medical records. Three glowing, semi-transparent icons representing medical forms, checklists, and healthcare data float above the tablet, symbolizing medical data collection, compliance, and digital reporting.

Medical Data Call (MDC) reporting is essential for compliance and analytics in workers’ compensation as more insurers are required to participate. The NCCI Data Now 2025 notes challenges insurers face, including data integration and accuracy. By enhancing data capabilities and automation, insurers can streamline submissions, mitigate compliance risks, and gain competitive advantages.

Unit Statistical Reporting Continues to Be a Challenge—How Insurers Can Adapt

A glowing blue maze symbolizing the complexity and challenges of unit statistical reporting in the insurance industry. The illuminated pathways represent the intricate data requirements and compliance hurdles insurers face.

Unit Statistical Reporting (USR) is vital for workers’ compensation insurers, affecting e-mod calculations and compliance. Insurers face challenges like data accuracy and submission timeliness, risking penalties and inefficiencies. The article discusses enhancing data quality, automating reporting, and staying informed on regulations to mitigate risks and transform USR challenges into competitive advantages.

More Carriers Must Report Indemnity & Medical Data—What It Means for Insurers

Digital tablet with a stethoscope symbolizing medical data reporting and compliance.

As workers’ compensation reporting evolves, insurers will need to submit more detailed indemnity and medical data, impacting underwriting and claims management. Compliance is essential to avoid penalties and improve outcomes. Insurers can gain advantages by adapting quickly, utilizing automation, and ensuring data accuracy for effective risk management and competitive positioning.

Inside NCCI Data Now 2025: What’s Changing for Workers’ Comp Insurers

Inside NCCI Data Now 2025: Key changes for workers’ compensation insurers. Featuring Colin Moulton, VP of Product Development at True Insurtech Solutions.

The workers’ compensation industry faces significant compliance changes, notably the NCCI’s lowered reporting threshold, impacting many insurers. Key challenges include Unit Statistical reporting errors and the upcoming Medical Data Call requirements. Organizations must proactively enhance data management strategies and reporting processes to avoid penalties and ensure compliance with evolving mandates.

True Insurtech Solutions VP Joins Industry Leaders at NCCI’s Data Now Program 2025

Colin Moulton, Vice President of Product Development for True Insurtech Solutions, is attending the NCCI Data Now Program, January 28-30, 2025, Boca Raton, Florida.

True Insurtech Solutions announces Vice President Colin Moulton’s attendance at the NCCI Data Now Program 2025 in Boca Raton, Florida. The event focuses on advanced data reporting in workers’ compensation. Colin will share insights on data accuracy and compliance, reinforcing True’s commitment to innovation and enhancing operational solutions for partners.

True Guide to Essential Data Security Practices for Insurers

Digital shield icon with a checkmark representing data security for workers' compensation insurance, surrounded by a network of interconnected blue lines and nodes on a dark background. Symbolizes robust protection, encryption, and cybersecurity measures for safeguarding sensitive information in the workers' comp insurance industry.

Data security is vital for insurance companies to protect sensitive client information and maintain trust. Explore the best practices, from encryption to employee training, that insurers must adopt to defend against evolving cyber threats.