Florida workers’ comp rate cut 13.8% in commissioner’s final order
It’s official…effective January 1st, workers’ compensation rates in Florida will decrease by -13.8%. We will share the new rates as soon as we get our hands on them. ——– Florida…
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Workers Compensation
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Workers’ compensation is insurance that provides cash benefits and/or medical care for workers who are injured or become ill as a direct result of their job.
Employers pay for this insurance, and shall not require the employee to contribute to the cost of compensation. Weekly cash benefits and medical care are paid by the employer’s insurance carrier, as directed by the Workers’ Compensation Board. The Workers’ Compensation Board is a state agency that processes the claims. If Board intervention is necessary, it will determine whether that insurer will reimburse for cash benefits and/or medical care, and the amounts payable.
Tennessee Insurance Commissioner Approve 19% Workers’ Comp Rate Cut
It’s official…comp rates in Tennessee will be dropping -19% as of 3/1/19. See more below from Business Insurance News. —— Tennessee Department of Commerce and Insurance Commissioner Julie Mix McPeak…
Florida Workers’ Compensation Insurance 13.8% Rate Decrease for 2019
See below from FAPEO’s Robert Skrob regarding the impending workers’ compensation rate decrease in Florida. ——— TALLAHASSEE, Fla. – Florida Insurance Commissioner David Altmaier issued an Order Friday notifying the…
NAPEO Presentation: The PEO Industry Footprint in 2018
After many hours and much hard work, the folks at NAPEO, with their research partners at McBassi & Company, have completed a detailed analysis of the PEO industry footprint as…
North Carolina Approves 17.2% Rate Decrease for Workers’ Comp
What State will be next? North Carolina Workers’ Comp Rate Decrease The North Carolina Rate Bureau’s 17.2 percent rate decrease filing for workers’ compensation insurance has been approved by North…
Delaware Workers’ Comp Rates Decline December 1st
Employers in Delaware will experience another decrease in workers compensation rates effective Dec. 1. Comp rates will decline an average of 7.3% for the residual market and about 10% for…
Are YOUR Client Companies Profitable?
The business model of many PEO’s includes utilizing the resale of workers’ compensation as a profit margin. For this to be successful, the PEO must understand the liabilities and assets…
Workers Compensation & PEO; Not all States are Created Equal
WORKERS COMPENSATION | PEO According to RiskMD, a proprietary, patented, PEO focused data management and analytics firm, some states consistently outperform others regardless of industry or NCCI hazard code; others…