AMAXX

MARCH 4, 2025

OSHA Compliance as a Cost-Saving Strategy Workplace injuries are expensive. A proactive safety strategy aligned with OSHA standards can drastically reduce workplace injuries, lowering both direct and indirect costs. Analyzing injury trends , near-miss reports, and incident rates can help identify weak spots in your operations.

Workers Comp 72

Workers Comp Workers Compensation Injury Compensation 72

AMAXX

AUGUST 7, 2024

These rules not only influence the amount you pay in premiums but also help ensure that your company is correctly classified based on the work it performs. Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. What Are Classification Rules?

Workers Compensation 102

Workers Compensation Compensation Workers Comp Premium 102

AMAXX

JANUARY 14, 2025

While their primary purpose is to ensure employees receive medical and wage replacement benefits for work-related injuries, they also offer critical advantages to employers. Under this system, employees who accept workers compensation benefits for a work-related injury or illness forfeit the right to sue their employer for negligence.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Injury 98

AMAXX

JANUARY 13, 2025

They are a vital entity, as they not only handle premium collections but also pay out claims to cover medical expenses and wage replacement for injured employees. Brokers and Agents: Employer Advocates Brokers serve as intermediaries between employers and insurance companies.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

Word & Brown

APRIL 1, 2025

Individual Health Insurance Tax Deductibility If you offer individual health insurance to your clients, they may be able to include their health insurance premiums in their medical expense calculation on their taxes. Other health care-related expenses may also be deductible for your clients, depending on their incomes.

Deductible 52

Deductible Premium Out-Of-Pocket Insurance Policy 52

Distinguished

MARCH 20, 2025

Could you start by describing the most common housing violations in Philadelphia that property owners and brokers should be aware of? These resources are invaluable for both property owners and insurance brokers when assessing risk. What role can insurance brokers play in managing these challenges for their clients?

Broker 52

Broker License Insurance Broker Risk 52

Word & Brown

AUGUST 6, 2024

The most recent BenefitsPRO/Eastbridge Consulting Group survey of Voluntary Benefits producers includes these key findings: -Many brokers reported higher sales in 2023 as compared to 2022. jump, which pushed total sales premium to $9.34 jump, which pushed total sales premium to $9.34 billion, or 68% of the total market.

Broker 52

Broker Injury Insurance Broker Life Insurance 52

Distinguished

FEBRUARY 24, 2025

However, for insurance brokers, the wide spectrum of restaurants represents both a challenge and an opportunity. Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims.

Liability 52

Liability Liability Insurance Insurer Insured 52

AMAXX

MARCH 11, 2025

Large claims can have significant long-term impacts on premiums, experience modification factors, and overall workers’ compensation costs. Sub-rosa investigationsundercover surveillance designed to discreetly document claimant activityprovide evidence to substantiate or challenge the severity of reported injuries.

Workers Comp 52

Workers Comp Claim Workers Compensation Injury 52

Distinguished

MARCH 19, 2025

Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. What role can insurance brokers play in managing these challenges for their clients?

Building 52

Building Broker Damage Insurance Broker 52

AMAXX

JANUARY 15, 2025

Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Things that we don’t understand can seem a lot more difficult than they actually are. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 95

Workers Comp Workers Compensation Premium Compensation 95

AMAXX

JULY 30, 2024

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. You’re gonna have to some of these premium adjustments. We’ve got things under control based on your mod.

Workers Comp 64

Workers Comp Risk Workers Compensation Injury 64

Protect Commercial Insurance

JULY 26, 2024

In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker. Insurance premiums can vary significantly between providers, so it’s essential to compare quotes from multiple insurers.

Commercial 52

Commercial Insurance Broker General Liability Business Interruption 52

Word & Brown

DECEMBER 11, 2024

Having disability insurance can help an individual maintain a regular income (and associated lifestyle) when unable to work due to a new illness or injury. Policies with shorter maximum benefit periods typically have lower premiums. Sightly more than one-fifth (21%) of those aged 18-44 have a disability. LTD plans may differ.

Workers Compensation 52

Workers Compensation Insurer Insured Insurance 52

Property Insurance Centre

JANUARY 4, 2024

Inflation drives up property valuations , construction costs , and insurance premiums. This has resulted in higher premiums and limited coverage in catastrophe-exposed areas. The rising costs of building or repairing properties have a direct effect on insurance premiums.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Jackson & Jackson

MAY 22, 2024

Additionally, it can provide coverage for business interruption, tenant improvements, and liability claims arising from third-party injuries or property damage on the premises. For instance, properties in high-risk areas for wildfires or earthquakes may require additional coverage or face higher premiums.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurer 52

Jackson & Jackson

APRIL 10, 2024

It protects you from claims arising from accidents or injuries on your property. Assessing the Value of Your Property Accurately The value of your property directly affects your insurance premiums and the amount you’ll be compensated in case of a claim.

Commercial Property 52

Commercial Property Commercial Business Interruption Out-Of-Pocket Expense 52

Jackson & Jackson

APRIL 26, 2024

Liability Protection : Protects against claims of property damage or personal injury caused by you or your operations. Properties in high-risk areas for earthquakes and wildfires may see higher premiums. Mitigating Risks Investors can significantly reduce their insurance premiums and potential losses by proactively managing risks.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

Louisiana Insurance Commissioner Tim Temple – a self-described “unicorn” among insurance regulators, given his decades-long background in the industry as an agent, broker, and company president – even renamed programs to address “legal system abuse” when he assumed office in January.

Out-Of-Pocket 64

Out-Of-Pocket Broker-Agent Premium Claim 64

Distinguished

SEPTEMBER 10, 2024

These include: Damage done intentionally to a covered item Injuries to employees working on the project Costs related to manufacturing defects Damages related to terrorism, nuclear attacks, or military actions Other policies should offer coverage for some of these risks. Sign in to our Broker Portal. Register with us.

Risk 52

Risk General Liability Broker-Agent Insurer 52

Distinguished

SEPTEMBER 25, 2024

Soft costs : Additional expenses caused by a covered claim that are not related to building materials, equipment, or other hard costs; these soft costs could include additional reinspection fees, increased tax burdens, and insurance premiums. Errors or omissions in their work could cause costly mistakes, injuries, or property damage.

Risk 52

Risk Broker-Agent Insurer Insured 52

Jackson & Jackson

MAY 23, 2024

As a result, insurance premiums tend to be higher in California compared to other states. Understanding the unique challenges of the California insurance market not only empowers you but also helps you navigate the process more effectively and save money on your premiums.

Small Business Insurance 52

Small Business Insurance Business Insurance Insurer Insured 52

Word & Brown

AUGUST 23, 2024

Premium Speakers: Whether you’re working alone or alongside others, studies show that music can be motivational, release dopamine, and reduce stress. It includes six models based on different criteria: best overall, best for accessories, best on a budget, best premium, best minimalist, and best for cable management.

Broker 52

Broker Premium Deductible Injury 52

Property Insurance Centre

JANUARY 30, 2024

Key aspects to consider when buying buildings insurance include reviewing the policy’s exclusions , understanding excesses , comparing premiums, and evaluating the level of customer service provided by the insurer. Review the policy’s exclusions , understand excesses , and compare premiums.

Building 52

Building Insurer Insured Insurance 52

Cover4LetProperty

JANUARY 21, 2023

It is that calculation of risk which informs the price at which any insurer needs to pitch premiums for the cover in question since it is only from income by way of premiums that insurers have the funds to pay out on claims.

Insurer 52

Insurer Insured Insurance Damage 52

Jackson & Jackson

AUGUST 16, 2024

Homeowners insurance is a crucial financial safety net for homeowners, providing protection in the event of property damage, loss of personal belongings, or liability for injuries that occur on the premises. What is Homeowners Insurance? Please contact us here!

Insurer 52

Insurer Insured Insurance Risk 52

Leadsurance

APRIL 5, 2024

Your student health plan will take care of any unexpected illness, major injury, or medical emergency while you’re on the road. Agents simplify the insurance selection process by comparing different plans and premiums. Additional Benefits Covering Emergencies As everyone knows, life can throw us some unexpected curveballs.

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Broker-Agent Insurer Insured Insurance 52

Property Insurance Centre

MAY 20, 2024

If it fails in this duty of care , it could be held legally liable for any injury to that person (or damage to their property), resulting in costs and damages being awarded against it. Specialist insurance brokers can provide tailored quotes and advice to help manage block insurance policies effectively.

Building 52

Building Liability Insurer Insured 52

Cover4LetProperty

OCTOBER 10, 2022

In practice, there may be many variations and additional elements of cover provided by your landlord insurance policy (such as the loss of rental income that we have already mentioned) – and it is typically a broker’s responsibility to help you understand what those additional areas are and how they might benefit you.

Insurer 52

Insurer Insured Insurance Property Insurance 52

ProWriters

APRIL 17, 2024

Contingent bodily injury cyber attacks can cause physical harm, directly or indirectly. One key step is making sure clients have adequate coverage options for bodily injury in their Cyber Liability Insurance policies. Cyber Liability for Bodily Injury: Some Examples How might a cyber incident end up causing bodily harm?

Cyber 52

Cyber Injury Liability Liability Insurance 52

American Agents Alliance

AUGUST 22, 2024

The legislation, effective January 1, 2025, will increase the current minimum of $15,000 per claimant and $30,000 per occurrence for bodily injury, and $5,000 for property damage (15/30/5), to $30,000 per claimant, $60,000 per occurrence for bodily injury, and $15,000 for property damage (30/60/15).

Auto Insurance 40

Auto Insurance Agents Broker-Agent Property Damage 40

Property Insurance Centre

NOVEMBER 26, 2024

Essential Personal Protective Equipment (PPE) for Electrical Work Working with electricity can be dangerous, leading to shock, burns, and injuries. It can lead to serious injury or even death. Electrical accidents can cause serious harm, from minor burns to life-threatening injuries. It’s the law. This can save their life.

Injury 52

Injury Protection Risk Damage 52

Risk Management Monitor

OCTOBER 25, 2022

A strong EPL policy and relationship with insurance carrier and broker can help during this time where unemployment may swing back the other way. Claims teams are seeing social inflation across most lines of business today, most prominently in bodily injury, wrongful death, EPL, and sexual abuse/molestation liability.

Risk 40

Risk Insurer Insured Insurance 40

AMAXX

FEBRUARY 10, 2025

Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Whatwe’retryingtodohere,whatdidnotwhatnecessarilywe,whattheinsurancecarriers,whattheunderwriterstryingtodoisthey’retryingtogetanaccurateperceptionofrisk. All state laws vary.

Workers Comp 66

Workers Comp Risk Workers Compensation Premium 66

Word & Brown

JANUARY 23, 2025

Rehabilitative and habilitative services and devices (services and devices to help people with injuries, disabilities, or chronic conditions gain or recover mental and physical skills). The premium tax credits available to individuals and families through the ACA help make insurance more affordable for millions of Americans.

Out-Of-Pocket 52

Out-Of-Pocket Insurer Insured Insurance 52