Insurance Journal

DECEMBER 4, 2024

Claim frequency in California workers’ compensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows. The Workers’ Compensation Insurance Rating Bureau of California released its WCIRB Geo Study 2024, …

Workers Comp

AMAXX

JANUARY 14, 2025

Workers compensation provides a structured approach to managing the costs associated with employee accidents and work-related illnesses. Predictability in Costs Workers compensation insurance can transfer a portion of the financial risk associated with workplace injuries to the insurance company.

Workers Compensation

AMAXX

SEPTEMBER 23, 2024

When it comes to calculating workers’ compensation premiums, two critical factors play a significant role: the frequency and severity of claims. Frequency: The Stronger Driver of Premiums In the world of workers’ compensation, frequency refers to how often claims are filed.

Workers Compensation

Insurance Journal

OCTOBER 8, 2024

California workers’ compensation written premium in 2023 was slightly above 2022, while written premium for the first six months of 2024 is 2% lower than the first six months of 2023, a new report shows. The Workers’ Compensation Insurance Rating …

Premium

Insurance Journal

JULY 29, 2024

The California workers’ compensation system has been relatively stable in the post-pandemic era, as premium levels rose by 1% in 2023 and are forecast to increase modestly in 2024—while decreases in average insurer charged rates are moderating, a new report …

Workers Comp

Jackson & Jackson

NOVEMBER 16, 2024

Professional Liability Insurance (Errors & Omissions Insurance) For IT consultants, developers, or tech startups, mistakes can happen. Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients.

Insurance Policy

Risk Management Monitor

DECEMBER 20, 2022

A chiropractor, for example, conducted illegal medical evaluations and billed these evaluations, claiming that he was approved as a medical legal evaluator. Through the analysis of historical claims data and insurance adjuster notes, some technologies can help professionals discover fraudulent claims faster.

Workers Comp

Protect Commercial Insurance

OCTOBER 25, 2024

Reflect on: – How much you can comfortably allocate from your business budget for insurance premiums. – Potential deductibles and what’s financially viable if you need to make a claim. It’s like finding a sweet spot—insurance that doesn’t overspend your resources but still offers peace of mind.

Business Insurance

LexisNexis

OCTOBER 14, 2024

Solakyan Workers’ Compensation Insurance Fraud—Honest-Services Mail Fraud and Health-Care Fraud—Restitution—U.S. Lexis+ Online Subscribers: You can link to your account on Lexis+ to read the complete headnotes and court decisions, en banc decisions, writ denied summaries, panel decisions and IMR decisions.

Compensation

LexisNexis

OCTOBER 8, 2024

The issues of employment arise every day at the Workers’ Compensation Appeals Board and there is robust litigation over that issue. This publication is intended for everyone who appears before the Workers’ Compensation Appeals Board or who may adjust claims involving work-related injuries.

Workers Compensation

New Jersey Workers' Comp

JANUARY 13, 2025

A very recent Supreme Court decision squarely addressed the question whether an insurer is required to defend an employer against intentional harm claims. 34:15-8, and (2) the insurer had no duty to defend against Laidlow claims under the Employers’ Liability portion of the workers compensation policy.

Workers Compensation

LexisNexis

OCTOBER 10, 2024

If the PEO’s insurance company is paying benefits, there is no need to join the servicing agent or special employer. If a PEO or employee leasing company claims to be self-insured, investigate that claim. effective 1-1-2013, prohibits PEOs and employee leasing companies from self-insurance. Labor Code section 3701.9,

Workers Compensation

Word & Brown

DECEMBER 10, 2024

All businesses with workers in California and Nevada are required to have Workers Compensation Insurance. But do you know that Word & Browns partnership with CompNet Insurance Solutions makes it easy for you to offer Workers Comp coverage? What Is Workers Comp? Nevada followed in 1913.

Workers Comp

LexisNexis

NOVEMBER 8, 2024

COVID-19 In § 8, Hamilton examines the latest study from the Workers’ Compensation Research Institute (WCRI) on the impact of long COVID in workers’ compensation claims. The insurance company or self-insured entity must honor the request.

Workers Compensation

Triple-I: Workers Compensation

JULY 27, 2023

Workers compensation insurance provides for the cost of medical care, rehabilitation, and wage replacement for injured workers and death benefits for the dependents of persons killed in work-related accidents. Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers.

Workers Comp

LexisNexis

OCTOBER 22, 2024

Since 2020, many workers’ compensation stakeholders have changed their operational models. Large numbers of insurance brokers, employer HR departments, insurance and TPA claims departments, attorneys, and other companies servicing the workers’ compensation industry shifted to a remote work model.

Workers Compensation