Nicholas Guarda, AIDM, WCP

Nicholas Guarda is currently the Client Services Manager within Verisk’s Work Comp Standards group and has been with Verisk for 4 years. Nicholas is responsible for carrier implementations, data analysis, and assisting carriers with any questions, issues, or concerns pertaining to the following WCIO & FST Products.

Nicholas is also designated as an Associate of Insurance Data Management (AIDM) through the IDMA organization. He serves as a member of the Education Committee for IDMA and is looking to become a member of the Executive Committee within the near future. Nicholas also has obtained his WCP designation through AMCOMP.

4/25/2025 - 2 min read

Colorado Delays Release 3.1 for FROI/SROI Reporting Until 7/30/2026

The DOWC announced it is delaying its implementation of Release 3.1 for FROI/SROI reporting. The transition has been delayed until 7/30/2026.

2/21/2025 - 3 min read

Changes On the Horizon in 2025 for Workers’ Comp Reporting

Discover key 2025 changes in workers' comp reporting, including new data elements, expanded participation, and updates on FROI SROI and loss costs.

10/16/2024 - 4 min read

Decimal Extension for Loss Costs and Rates are on the Horizon

The EDI & WCIO have discussed a change on how loss costs and rates are filed.

A prescription pad and pill bottle in front of a one hundred dollar bill.

4/10/2024 - 6 min read

NCCI Cuts Eligibility for Medical and Indemnity Data Call Reporting

NCCI reduced the participation eligibility threshold for reporting both the Medical Data Call (“MDC”) and Indemnity Data Call (“IDC”).

12/6/2023 - 9 min read

FROI/SROI and WCIO 2023 Recap–Breaking Down Key Updates and Getting Ready for 2024

These new compliance updates and changes kept insurers busy and will have a significant impact for insurers going forward in the new year.

10/30/2023 - 3 min read

Vermont Department of Labor Delays Mandatory Start Date of Release

Vermont EDI Claim Release 3.1 for (FROI) and (SROI) is now delaying its planned implementation of Release 3.1 for FROI/SROI reporting.

9/13/2023 - 3 min read

Reminder update: Vermont transitions to Release 3.1 regarding First Report of Injury (FROI) and Subsequent Report of Injury (SROI) effective November 6, 2023

This is an important reminder that the (VDOL) will transition from (EDI) Claims R1.0 (FROI and SROI) to EDI Claims R3.1 (FROI and SROI) effective November 6, 2023.

7/24/2023 - 4 min read

Reminder update: Idaho transitions to Release 3.1

Reminder that the Idaho Industrial Commission (IIC) will transition from Electronic Data Interchange (EDI) Claims R3.0 (FROI and SROI) to EDI Claims R3.1

4/26/2023 - 3 min read

Reminder update: Texas transitions to Release 3.1 regarding First Report of Injury (FROI) and Subsequent Report of Injury (SROI) effective July 26, 2023

3/31/2023 - 2 min read

Reminder update: Louisiana transitions to Release 3.1 regarding First Report of Injury (FROI) reporting effective May 22, 2023

This is an important reminder that the (LWC) will transition from EDI Claims R3.0 (FROI only) to EDI Claims R.3.1 (FROI only) effective 05/22/23.

3/31/2023 - 12 min read

Changing of the Guard: Detail Claim Information (DCI) is sunsetting and the Indemnity Data Call (IDC) will take over – what you should know

The DCI is now scheduled to sunset at the end of December 2023 and is being replaced by the Indemnity Data Call (IDC).

3/8/2023 - 8 min read