NWCDC 2018

CM4 | Controlling the Tail: New Tricks for Managing and Closing Old-Dog Claims (Room Islander F-H)

06 Dec 18
1:45 PM - 2:45 PM

Tracks: Claims Management

Speaker(s): Mark Walls, Vice President Communications & Strategic Analysis, Safety National; Jennifer Saddy, Managing Director, Absence Management, American Airlines; Kevin Confetti, Deputy Chief Risk Officer, University of California

Closing old-dog claims greatly reduces immediate costs, decreases reserve requirements and diminishes collateral needs. Not all long-tail claims are ripe for closing, however. Therefore, mitigating the impact of old dogs requires sound strategies for uncovering opportunities to close them when possible and properly managing them when case facts don’t support their closure. Hear these employers share their strategies for closing claims that have stubbornly resisted resolution and managing those remaining on their books.