What's happening this quarter that could move your IBNR, your confidence intervals, or your next actuarial report.https://lossreserves.com/en-ushttps://lossreserves.com/insights/asop-20-cash-flow-revision-pc-reserves-june-2026/https://lossreserves.com/insights/asop-20-cash-flow-revision-pc-reserves-june-2026/The Actuarial Standards Board's revised ASOP No. 20 takes effect June 1, broadening the standard from claim discounting to all property/casualty cash flow analysis and expanding documentation and disclosure requirements for reserve reports.Mon, 18 May 2026 00:00:00 GMTEconomic SignalsSamhttps://lossreserves.com/insights/wcri-hospital-closures-wc-care-shift-not-costs/https://lossreserves.com/insights/wcri-hospital-closures-wc-care-shift-not-costs/A WCRI study of 12 million claims finds rural hospital closures push injured workers five miles farther for emergency care and shift utilization toward office and ambulatory settings, yet total WC claim costs and disability duration remain statistically unchanged.Mon, 18 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/wcri-california-wc-litigation-costs-9pct-lead/https://lossreserves.com/insights/wcri-california-wc-litigation-costs-9pct-lead/The WCRI CompScope California 2026 edition finds benefit delivery expenses per claim grew 9% in 2025, outpacing medical and indemnity growth and signaling that LAE development patterns in self-insured programs need separate tracking.Mon, 18 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/ama-med-mal-premiums-7th-year-11-states/https://lossreserves.com/insights/ama-med-mal-premiums-7th-year-11-states/The AMA's 2025 Medical Liability Monitor analysis shows nearly 40% of premiums rose for the seventh consecutive year, with 11 states posting double-digit increases that confirm severity is outrunning declining claim frequency for self-insured hospitals.Sat, 16 May 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/lockton-casualty-reserve-gaps-ay-2021-2023/https://lossreserves.com/insights/lockton-casualty-reserve-gaps-ay-2021-2023/Lockton's May 2026 casualty analysis shows $1.8 billion in commercial auto adverse development, with nearly $1.6 billion from accident years 2022 and 2023 alone, signaling that development factors for recent vintages are undershooting realized severity.Sat, 16 May 2026 00:00:00 GMTCommercial AutoSamhttps://lossreserves.com/insights/ncci-wcwmi-1-8pct-medical-severity-gap/https://lossreserves.com/insights/ncci-wcwmi-1-8pct-medical-severity-gap/NCCI's April 2026 Medical Inflation Insights shows workers' comp medical prices grew just 1.8% year over year, well below CPI medical at 4.0%, but the agency warns the pace is temporary and expects reversion toward 2.5% as hospital outpatient costs normalize.Sat, 16 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/construction-input-ppi-april-tariff-severity/https://lossreserves.com/insights/construction-input-ppi-april-tariff-severity/The BLS Producer Price Index for nonresidential construction inputs rose 6.6% year over year in April 2026, with tariff-exposed metals leading the spike and pressuring claim severity for GL construction defect, public entity property damage, and WC construction classes.Fri, 15 May 2026 00:00:00 GMTEconomic SignalsSamhttps://lossreserves.com/insights/nj-court-school-district-abuse-vicarious-liability/https://lossreserves.com/insights/nj-court-school-district-abuse-vicarious-liability/A 6-1 ruling holds that New Jersey's Child Victims Act supersedes Tort Claims Act immunity, allowing vicarious liability claims against school districts for employee sexual abuse even outside the scope of employment.Fri, 15 May 2026 00:00:00 GMTGeneral LiabilitySamhttps://lossreserves.com/insights/virginia-sb536-hospital-med-mal-disclosure/https://lossreserves.com/insights/virginia-sb536-hospital-med-mal-disclosure/Virginia's new data-collection law forces self-insured hospitals to aggregate claims experience by September 1, setting the stage for a potential cap increase that would reset severity assumptions for hospital professional liability.Fri, 15 May 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/california-sibtf-trailer-bill-850m-assessment-reform/https://lossreserves.com/insights/california-sibtf-trailer-bill-850m-assessment-reform/A budget trailer bill would overhaul eligibility, disability evaluation, and offset rules for California's Subsequent Injuries Benefits Trust Fund, where employer assessments have grown from $35 million to roughly $850 million in a decade.Thu, 14 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/colorado-sb184-firefighter-parkinson-wc-presumption/https://lossreserves.com/insights/colorado-sb184-firefighter-parkinson-wc-presumption/Colorado's SB 184 expands the firefighter occupational disease presumption to include neurological conditions and raises the employer rebuttal standard, increasing both frequency and severity exposure for self-insured fire districts and municipalities.Thu, 14 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/texas-county-wc-risk-pool-governmental-immunity/https://lossreserves.com/insights/texas-county-wc-risk-pool-governmental-immunity/The Ninth Court of Appeals holds the Texas Association of Counties Risk Management Pool is a governmental unit immune from a deputy's death benefits claim, clarifying that disputed claims against the pool entity itself may carry less reserve exposure than assumed.Thu, 14 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/caa-2026-pbm-rebate-pass-through-self-insured/https://lossreserves.com/insights/caa-2026-pbm-rebate-pass-through-self-insured/The Consolidated Appropriations Act of 2026 mandates 100% rebate pass-through from PBMs to ERISA plan sponsors, rewiring the pharmacy cost structure that self-insured health plans have budgeted around for years.Wed, 13 May 2026 00:00:00 GMTHealth PlansSamhttps://lossreserves.com/insights/ct-pa-26-12-assault-wc-100pct-wage-replacement/https://lossreserves.com/insights/ct-pa-26-12-assault-wc-100pct-wage-replacement/Governor Lamont signed Public Act 26-12 on May 12, raising workers' comp wage replacement from 75% to 100% for teachers and healthcare workers assaulted on the job. Self-insured school districts and hospitals in Connecticut face a one-third indemnity severity increase on a claim category already growing at 5% a year.Wed, 13 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/ncci-wc-accident-year-102-calendar-91-reserve-gap/https://lossreserves.com/insights/ncci-wc-accident-year-102-calendar-91-reserve-gap/NCCI's 2025 State of the Line shows workers comp's 12th straight underwriting gain on a calendar year basis, but the accident year combined ratio crossed 100% for the first time in this cycle, a gap funded entirely by shrinking prior-year reserve releases.Wed, 13 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/ada-title-ii-web-deadline-extension-lawsuits/https://lossreserves.com/insights/ada-title-ii-web-deadline-extension-lawsuits/The DOJ pushed ADA Title II web compliance deadlines back a year, but the general nondiscrimination obligations powering a 27% surge in accessibility lawsuits remain enforceable throughout the extension.Tue, 12 May 2026 00:00:00 GMTGeneral LiabilitySamhttps://lossreserves.com/insights/glp1-pharmacy-stop-loss-planning-gap/https://lossreserves.com/insights/glp1-pharmacy-stop-loss-planning-gap/Per-member GLP-1 allowed costs surged 840% from 2022 to 2024, but most self-insured employers still manage pharmacy benefits and stop-loss strategy as separate exercises, missing how sustained utilization compounds into aggregate exposure.Tue, 12 May 2026 00:00:00 GMTHealth PlansSamhttps://lossreserves.com/insights/wcri-hospital-outpatient-surgery-payment-gap/https://lossreserves.com/insights/wcri-hospital-outpatient-surgery-payment-gap/WCRI's 2026 Hospital Outpatient Payment Index finds that workers' comp hospital surgery payments range from 35% below Medicare in Nevada to 471% above it in Alabama, a spread that distorts medical severity assumptions for multi-state self-insureds.Tue, 12 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/april-cpi-tariff-driven-severity-test/https://lossreserves.com/insights/april-cpi-tariff-driven-severity-test/Tomorrow's BLS release is the first to capture tariff pass-through from the April 2 implementation, and the medical care, hospital services, and auto repair sub-indices will tell self-insured employers whether current severity trend picks are already stale.Mon, 11 May 2026 00:00:00 GMTEconomic SignalsSamhttps://lossreserves.com/insights/marsh-q1-us-excess-casualty-18-pct/https://lossreserves.com/insights/marsh-q1-us-excess-casualty-18-pct/Marsh's Q1 2026 Global Insurance Market Index shows US casualty as a global outlier at +9%, with excess and umbrella rates up 18%, signaling severity pressure that self-insureds should benchmark against their own retention-layer trend picks.Mon, 11 May 2026 00:00:00 GMTEconomic SignalsSamhttps://lossreserves.com/insights/ny-budget-auto-injury-threshold-fault-cap/https://lossreserves.com/insights/ny-budget-auto-injury-threshold-fault-cap/New York's 2026-2027 budget eliminates the 90-day activity limitation from the serious injury definition and bars drivers more than 50% at fault from collecting non-economic damages, narrowing both frequency and severity for self-insured fleets and transit operators.Mon, 11 May 2026 00:00:00 GMTCommercial AutoSamhttps://lossreserves.com/insights/hawaii-wc-treatment-plan-deadline-hb1509-hb1515/https://lossreserves.com/insights/hawaii-wc-treatment-plan-deadline-hb1509-hb1515/HB 1509 and HB 1515, enrolled this week and awaiting the governor's signature, compress employer response windows on treatment plans and shift functional capacity exam authority to treating physicians, accelerating medical severity in early development periods for self-insured Hawaii WC programs.Sat, 09 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/joint-commission-npg12-staffing-hospital-liability/https://lossreserves.com/insights/joint-commission-npg12-staffing-hospital-liability/NPG 12, effective January 2026, ties nurse staffing adequacy to hospital accreditation for the first time, giving plaintiff attorneys a nationally recognized standard to cite in medical malpractice cases against self-insured hospitals.Sat, 09 May 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/traffic-deaths-record-low-verdict-severity-soars/https://lossreserves.com/insights/traffic-deaths-record-low-verdict-severity-soars/NHTSA's 2025 fatality estimate fell 6.7% to its second-lowest rate in history, yet Marathon Strategies' nuclear verdict census shows 135 awards exceeding $10 million in 2024. For self-insured fleets, declining frequency masks ballooning per-claim severity.Sat, 09 May 2026 00:00:00 GMTCommercial AutoSamhttps://lossreserves.com/insights/colorado-sb175-emod-revision-closed-claims/https://lossreserves.com/insights/colorado-sb175-emod-revision-closed-claims/A bill heading to the Colorado House would require insurers to revise experience modification factors when claims close below their original reserves, spotlighting a case-reserve accuracy problem that also distorts self-insured loss triangles.Fri, 08 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/cwci-ca-public-self-insured-wc-medical-cost-surge/https://lossreserves.com/insights/cwci-ca-public-self-insured-wc-medical-cost-surge/California's public self-insured employers saw medical payments per claim jump 13.1% in FY 2024/25, the third consecutive double-digit increase, while claim frequency tied its 10-year low. The widening gap between frequency relief and severity acceleration pressures reserve assumptions heading into NCCI's State of the Line.Fri, 08 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/new-mexico-tiered-med-mal-cap-entity-size/https://lossreserves.com/insights/new-mexico-tiered-med-mal-cap-entity-size/HB 99 creates the first state med-mal law to tier punitive damages caps by healthcare entity size, directly linking organizational scale to severity exposure for self-insured hospital systems.Fri, 08 May 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/scotus-qualified-immunity-zorn-smith-public-entity/https://lossreserves.com/insights/scotus-qualified-immunity-zorn-smith-public-entity/Two summary dispositions in four weeks raise the 'clearly established' bar for Section 1983 excessive force claims, signaling a frequency reduction for self-insured public entities covering law enforcement liability.Thu, 07 May 2026 00:00:00 GMTGeneral LiabilitySamhttps://lossreserves.com/insights/vermont-hb649-rrg-member-loans-cell-captive-rules/https://lossreserves.com/insights/vermont-hb649-rrg-member-loans-cell-captive-rules/H.649 prohibits risk retention groups from lending to or investing in their own members and requires protected cells to certify adequate funding before writing business, tightening the asset quality beneath unpaid claim estimates.Thu, 07 May 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/wcri-compscope-2026-claim-cost-growth-all-components/https://lossreserves.com/insights/wcri-compscope-2026-claim-cost-growth-all-components/The WCRI CompScope 2026 benchmarks show total workers' comp claim costs averaging 6% annual growth from 2022 to 2025 across 18 states, with medical, indemnity, and benefit delivery expenses all climbing simultaneously. Self-insured employers relying on pre-2022 development patterns may be understating the tail.Thu, 07 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/california-ab250-revival-window-employer-ndas/https://lossreserves.com/insights/california-ab250-revival-window-employer-ndas/A two-year window lets adult sexual assault survivors file previously time-barred claims against private employers, with NDAs treated as evidence of cover-up, creating new GL and EPL frequency exposure for self-insured California employers.Wed, 06 May 2026 00:00:00 GMTGeneral LiabilitySamhttps://lossreserves.com/insights/louisiana-wc-reform-temporary-disability-three-year-cap/https://lossreserves.com/insights/louisiana-wc-reform-temporary-disability-three-year-cap/HB 1101 would impose a 156-week cap on temporary total disability in a state with no current TTD duration limit, compressing indemnity development tails for self-insured employers while raising questions about cost migration into contested benefit categories.Wed, 06 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/ncci-workplace-assault-claims-62pct-decade/https://lossreserves.com/insights/ncci-workplace-assault-claims-62pct-decade/NCCI's new workplace violence series shows assault rates per 10,000 FTEs climbed 62% from 2011 to 2022, with healthcare bearing ten times the exposure of any other sector. Self-insured hospitals and school districts should check whether their WC frequency assumptions capture this trend.Wed, 06 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/bls-removes-workers-comp-eci-benchmark-2027/https://lossreserves.com/insights/bls-removes-workers-comp-eci-benchmark-2027/The Bureau of Labor Statistics will drop workers' compensation insurance costs from the Employment Cost Index and adopt new employment weights in January 2027, forcing actuaries who benchmark WC indemnity severity to the ECI to validate their trend selections against a revised index.Tue, 05 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/fomc-elevated-inflation-long-tail-reserve-discount/https://lossreserves.com/insights/fomc-elevated-inflation-long-tail-reserve-discount/The FOMC's April 29 upgrade from 'somewhat elevated' to 'elevated' inflation, paired with four dissents on the rate path, creates competing pressures in discount-rate and severity-trend selections for self-insured long-tail programs.Tue, 05 May 2026 00:00:00 GMTEconomic SignalsSamhttps://lossreserves.com/insights/rhode-island-revival-window-abuse-senate-s2616/https://lossreserves.com/insights/rhode-island-revival-window-abuse-senate-s2616/S2616 would give survivors two years to file previously time-barred abuse claims against institutions, creating latent GL frequency exposure for any Rhode Island entity that supervised minors.Tue, 05 May 2026 00:00:00 GMTGeneral LiabilitySamhttps://lossreserves.com/insights/dol-mhpaea-fourth-report-self-funded-nqtl/https://lossreserves.com/insights/dol-mhpaea-fourth-report-self-funded-nqtl/The Tri-Agencies' fourth MHPAEA enforcement report documents 15 noncompliance findings and reminds self-funded plans that parity responsibility sits with the plan, not the TPA, raising behavioral health utilization assumptions for benefits directors modeling reserve impact.Mon, 04 May 2026 00:00:00 GMTHealth PlansSamhttps://lossreserves.com/insights/massachusetts-reinsurer-trust-fund-wc-insolvency/https://lossreserves.com/insights/massachusetts-reinsurer-trust-fund-wc-insolvency/A Massachusetts Appeals Court ruled that a reinsurer can claim state trust fund reimbursement for COLA payments on a 1979 injury even after the self-insured employer went bankrupt, illustrating extreme tail risk in workers' comp reserves.Mon, 04 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/osha-heat-nep-55-industries-summer-2026/https://lossreserves.com/insights/osha-heat-nep-55-industries-summer-2026/OSHA's five-year Heat National Emphasis Program expansion to 55 industries creates a documented-hazard pipeline that raises workers' comp claim frequency assumptions for self-insured employers in construction, manufacturing, logistics, and agriculture.Mon, 04 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/1m-claims-hit-half-of-self-insured-plans-as-cancer-costs-sur/https://lossreserves.com/insights/1m-claims-hit-half-of-self-insured-plans-as-cancer-costs-sur/The 2025 Aegis Risk survey found 49% of self-insured employers now report at least one claimant exceeding $1 million, more than double the prior year, reshaping catastrophic claim frequency assumptions for stop-loss attachment and aggregate corridor calculations.Sun, 03 May 2026 00:00:00 GMTHealth PlansSamhttps://lossreserves.com/insights/million-dollar-claims-self-insured-plans-doubled/https://lossreserves.com/insights/million-dollar-claims-self-insured-plans-doubled/Two nine-figure Philadelphia birth injury verdicts in under a year force hospital captives to revisit severity assumptions, case reserve benchmarks, and excess tower adequacy for obstetric professional liability.Sun, 03 May 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/ncci-ais-2026-reserve-signals-self-insured/https://lossreserves.com/insights/ncci-ais-2026-reserve-signals-self-insured/NCCI's State of the Line data shows severity outpacing frequency gains, favorable development that may be peaking, and labor market volatility that complicates payroll-based ultimates.Sun, 03 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/california-wcirb-10pct-rate-hike-cumulative-trauma/https://lossreserves.com/insights/california-wcirb-10pct-rate-hike-cumulative-trauma/The WCIRB's largest proposed pure premium increase in over a decade, driven by cumulative trauma frequency and medical cost inflation, exposes the same loss cost pressures that self-insured California employers should be stress-testing in their own reserve assumptions.Sat, 02 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/eci-q1-2026-health-insurance-outpaces-wages/https://lossreserves.com/insights/eci-q1-2026-health-insurance-outpaces-wages/The widening gap between benefit cost growth and wage growth compresses self-insured funding margins and signals that WC indemnity severity assumptions anchored to prior-year wage data may already be stale.Sat, 02 May 2026 00:00:00 GMTEconomic SignalsSamhttps://lossreserves.com/insights/florida-two-clocks-wc-statute-limitations-reversal/https://lossreserves.com/insights/florida-two-clocks-wc-statute-limitations-reversal/An en banc reversal of Florida's WC statute of limitations interpretation extends the filing window for hundreds of pending claims and adds late-reported IBNR exposure to accident years that appeared closed.Sat, 02 May 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/utah-81m-trucking-verdict-fleet-severity-shift/https://lossreserves.com/insights/utah-81m-trucking-verdict-fleet-severity-shift/An $81 million wrongful death verdict in Utah, a state once considered moderate tort territory, forces self-insured fleet operators to re-examine severity trend assumptions and geographic risk factors in their auto liability reserves.Fri, 01 May 2026 00:00:00 GMTCommercial AutoSamhttps://lossreserves.com/insights/alabama-captive-law-capital-moratorium/https://lossreserves.com/insights/alabama-captive-law-capital-moratorium/HB 415 raises minimum capital to $250K for pure captives and $1M for risk retention groups, and grants the commissioner new authority to require higher reserve funding based on actuarial analysis.Wed, 29 Apr 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/gene-therapy-stop-loss-aggregate-risk/https://lossreserves.com/insights/gene-therapy-stop-loss-aggregate-risk/Single claims of $3M to $4.5M are breaching specific stop-loss thresholds, and rising eligible-patient counts threaten to blow through aggregate corridors for self-insured health plans that set expected claim ratios without a gene therapy loading factor.Wed, 29 Apr 2026 00:00:00 GMTHealth PlansSamhttps://lossreserves.com/insights/ny-wc-benefits-decline-hochul-reform-risk/https://lossreserves.com/insights/ny-wc-benefits-decline-hochul-reform-risk/A $1.4 billion annual decline in New York workers' comp benefits, driven by administrative barriers, may reverse if Governor Hochul's provider-authorization reform passes, forcing self-insured employers to stress-test a decade of favorable reserve assumptions.Wed, 29 Apr 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/foundayo-oral-glp1-self-insured-stop-loss/https://lossreserves.com/insights/foundayo-oral-glp1-self-insured-stop-loss/Foundayo's $149 monthly price point collapses the cost barrier that kept oral GLP-1s off most self-insured formularies, forcing immediate revisions to pharmacy PMPM assumptions and stop-loss attachment points.Tue, 28 Apr 2026 00:00:00 GMTHealth PlansSamhttps://lossreserves.com/insights/ncci-tariff-medical-equipment-wc-cost-jump/https://lossreserves.com/insights/ncci-tariff-medical-equipment-wc-cost-jump/NCCI's April 2026 medical inflation report identifies tariff-related acceleration in medical equipment and supply prices, a new severity driver that most workers' comp reserve studies have not yet incorporated.Mon, 27 Apr 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/nyc-gmva-lookback-public-entity-abuse-claims/https://lossreserves.com/insights/nyc-gmva-lookback-public-entity-abuse-claims/New York City's amended Gender-Motivated Violence Act opened an 18-month lookback window for civil claims against institutional defendants, forcing self-insured public entities to establish IBNR for an entirely new population of revived claims with no historical frequency baseline.Mon, 27 Apr 2026 00:00:00 GMTGeneral LiabilitySamhttps://lossreserves.com/insights/texas-court-vacates-irs-listed-transaction-micro-captives/https://lossreserves.com/insights/texas-court-vacates-irs-listed-transaction-micro-captives/A federal judge struck down the IRS rule designating 831(b) micro-captive arrangements as listed transactions, removing penalties of up to $200,000 and reshaping the expense and contingency reserve assumptions in captive feasibility studies.Mon, 27 Apr 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/cms-glp-1-bridge-employer-stop-loss-implications/https://lossreserves.com/insights/cms-glp-1-bridge-employer-stop-loss-implications/Medicare's six-month demonstration covering Wegovy and Zepbound for obesity reshapes the expected claim ratio on Rx for self-insured health plans and forces a mid-year look at specific stop-loss attachment adequacy.Sun, 19 Apr 2026 00:00:00 GMTHealth PlansSamhttps://lossreserves.com/insights/grassley-litigation-funding-transparency-act-2026/https://lossreserves.com/insights/grassley-litigation-funding-transparency-act-2026/S.3826 would mandate third-party litigation funding disclosure in federal class actions and MDLs; here is how forced transparency reshapes severity assumptions on long-tail commercial auto and product liability reserves.Sun, 19 Apr 2026 00:00:00 GMTGeneral LiabilitySamhttps://lossreserves.com/insights/virginia-wc-loss-costs-7-7-percent-april-2026/https://lossreserves.com/insights/virginia-wc-loss-costs-7-7-percent-april-2026/Virginia approved a 7.7 percent workers' comp loss cost decrease on April 1, 2026; here is how to reflect it in the expected claim ratio for policy year 2026 without cutting IBNR on open lost-time claims.Sun, 19 Apr 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/drake-plastics-micro-captive-listed-transaction/https://lossreserves.com/insights/drake-plastics-micro-captive-listed-transaction/A Southern District of Texas ruling struck down the IRS designation of 831(b) micro-captives as listed transactions, reshaping the contingent reserve and penalty tail that captive owners had been carrying against audit risk.Fri, 17 Apr 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/march-medical-cpi-wc-severity-recalibration/https://lossreserves.com/insights/march-medical-cpi-wc-severity-recalibration/A 30 bps deceleration in headline medical CPI narrows the gap between assumed and realized trend on long-tail workers' comp claims, but the hospital subindex is still carrying the severity story for serious-injury reserves.Fri, 17 Apr 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/nyc-gmva-revival-window-institutional-liability/https://lossreserves.com/insights/nyc-gmva-revival-window-institutional-liability/An 18-month lookback window under the amended NYC Gender-Motivated Violence Act revives time-barred claims against hospitals, universities, and public entities, reopening dormant tail exposure for self-insured buyers.Fri, 17 Apr 2026 00:00:00 GMTGeneral LiabilitySamhttps://lossreserves.com/insights/cic-services-irs-micro-captive-reporting-upheld/https://lossreserves.com/insights/cic-services-irs-micro-captive-reporting-upheld/A federal court validated the IRS's three-test framework for flagging 831(b) micro-captive arrangements as listed transactions, putting a quantitative floor under loss ratios that captive owners must now demonstrate with actuarially supported reserves.Wed, 15 Apr 2026 00:00:00 GMTCaptives & Alt RiskSamhttps://lossreserves.com/insights/dol-pbm-fee-disclosure-self-insured-plans/https://lossreserves.com/insights/dol-pbm-fee-disclosure-self-insured-plans/A proposed DOL disclosure rule would force pharmacy benefit managers to reveal every dollar of compensation from ERISA self-insured plans, potentially lowering pharmacy reserve assumptions while creating new fiduciary liability exposure.Wed, 15 Apr 2026 00:00:00 GMTHealth PlansSamhttps://lossreserves.com/insights/hospital-services-cpi-march-2026/https://lossreserves.com/insights/hospital-services-cpi-march-2026/The BLS hospital services sub-index is running nearly double headline inflation, putting medical severity trend assumptions under pressure for workers' comp, health plan, and hospital professional liability reserves.Mon, 13 Apr 2026 00:00:00 GMTEconomic SignalsSamhttps://lossreserves.com/insights/other-liability-reserves-shortfall-recent-years/https://lossreserves.com/insights/other-liability-reserves-shortfall-recent-years/Assured Research estimates a $12.5 billion reserve deficiency in the other liability occurrence line at year-end 2025, with $10.5 billion concentrated in accident years 2021 through 2024, signaling that self-insured GL programs should stress-test their own development assumptions.Mon, 13 Apr 2026 00:00:00 GMTGeneral LiabilitySamhttps://lossreserves.com/insights/wisconsin-wc-reform-ptsd-presumption-ems/https://lossreserves.com/insights/wisconsin-wc-reform-ptsd-presumption-ems/A new Wisconsin law adds emergency medical responders and volunteer firefighters to the workers' comp PTSD presumption, expanding claim frequency exposure for self-insured municipalities and counties.Mon, 13 Apr 2026 00:00:00 GMTWorkers CompSamhttps://lossreserves.com/insights/independent-reviews/https://lossreserves.com/insights/independent-reviews/Your TPA's actuary is not your actuary. Here is the structural reason that matters, and what an independent review actually buys you.Sun, 05 Apr 2026 00:00:00 GMTEconomic SignalsSamhttps://lossreserves.com/insights/reserving-cycles/https://lossreserves.com/insights/reserving-cycles/Everyone talks about hard and soft markets. Almost nobody talks about the reserve adequacy cycle that runs underneath them. It is where the real money is made and lost.Sun, 22 Mar 2026 00:00:00 GMTEconomic SignalsSam