Remove Compensation Remove Injury Remove Out-Of-Pocket
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Why Reporting Small Claims Pays Off in ERA States

AMAXX

When it comes to workers’ compensation, small claims might seem harmless. ERA rules apply in about 35 states and were designed to encourage employers to report medical-only claims rather than quietly paying them out-of-pocket. The company decides to pay $800 for a few doctor visits out of pocket. Not always.

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The Hidden Cost of Letting Injured Employees Stay Home

AMAXX

Imagine this: One injured employee stays out of work for 35 extra days. At an average indemnity cost of $250/day, plus $3,000 for replacement labor, the total out-of-pocket cost is $11,750. Multiply that by several injuries—and you’ll see how quickly those numbers can spiral out of control. Seems manageable, right?

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How to Build a Workers’ Comp Program That Runs Itself: The Power of Systematized Communication

AMAXX

Managing workers compensation can feel like playing whack-a-mole. Systematized communication helps prevent injuries from becoming high-cost claims, reduces litigation, builds trust with employees, and improves return-to-work outcomes all without needing constant intervention from every department.

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Why We’re Still Talking About the J&J Class Action ERISA Lawsuit

R&R Insurance

It was thrown out on a legal technicality. The court found the plaintiffs first claim, that she paid more in premiums due to the defendants purported breach of fiduciary duty during the plans negotiation process, did not sufficiently show evidence of an injury and was at best, speculative and hypothetical. Click here to read more.

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Understanding Retail Shop & Salon Insurance: A Comprehensive Guide for UK Business Owners

Protect Commercial Insurance

Here are some ways insurance protects your business: – Coverage for Damages : Whether it’s damage to property or compensation for injury claims, insurance can cover these costs, ensuring your cash flow isn’t disrupted. Introduction Hello, savvy UK business owners!

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Tax Season Spotlight: Word & Brown Offers Smart Ways Your Clients Can Save Money – on Taxes and Elsewhere, Too

Word & Brown

Its nearly everyones least favorite time of year: tax season. But, working with Word & Brown, you have access to a broad range of plans, products, and services that offer potential tax and other savings to your individual and group insurance clients. The IRS allows deduction of eligible unreimbursed medical expenses that exceed 7.5%

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Landlord Insurance vs. Standard Home Insurance: Key Differences

Protect Commercial Insurance

Let’s dive in and find out what each offers! Let’s delve into what landlord insurance offers and why it might be the right choice for you as a property owner renting out one or more homes. It’s crucial because it ensures you won’t have to bear the financial burden of significant repairs out of pocket.