Workers’ Comp Watch | PropertyCasualty360
It is always good to know the carriers perspective about workers’ compensation. via Workers’ Comp Watch | PropertyCasualty360.
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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.
Illinois Bucks Trend in Other States; Looks to Establish Competitive Workers Comp State Fund | PropertyCasualty360
If the creation of a competitive state fund in Illinois can produce better results than the private market and at a lower premium cost to businesses this is a win…
Connecticut Workplace Injury Cases Up 11% to 50,600 in 2011
This is a unfavorable trend in injury cases in the state of Connecticut that you need to be aware of. Connecticut Workplace Injury Cases Up 11% to 50,600 in 2011.
Oregon Report: Workers’ Comp Increases Coming
“…In 2012, the national median rate index (total payroll/total premiums) was $1.88 per $100 of payroll. The national median rate index peaked in 1994 at $4.35. It is currently at…
Illinois Firms Must Verify License, Insurance Status of Temp Agencies
It is always important to know the rules and regulations in the states you are operating in. Illinois Firms Must Verify License, Insurance Status of Temp Agencies.
AmTrust Financial Services, Inc. Reports Fourth Quarter Operating Earnings1 of $53.4 Million and Net Income of $55.3 Million
Strong quarter for PEO supporter Amtrust – Congrats Barry and team! Amtrust Financial Services – AmTrust Financial Services, Inc. Reports Fourth Quarter Operating Earnings1 of $53.4 Million and Net Income…
For Older Workers, The Game Has Changed: Part 1 | PropertyCasualty360
What we thought to be true does not always stay true. Monitoring changing trends such as this is always important in understanding the exposure you are assuming within your work…
Commercial Rates Continue Steady Climb in Q4, January; Workers’ Comp Seen as ‘Distressed’ | PropertyCasualty360
Rates also rose by 5 percent for the month of January, MarketScout’s latest Barometer reveals. Important to stay in tune with the market direction so you are no surprised. via Commercial…