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Massachusetts Denies 7.1% Workers’ Comp Rate Hike After 2024 ‘Excessive’ Cut

Insurance Journal

Massachusetts Insurance Commissioner Michael Caljouw has rejected an industry proposal to raise workers’ compensation rates by 7.1%. decrease ordered last July, will remain in effect for policies on and after July … As a result, existing rates, which reflect a 14.6%

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How Fear Impacts Workers’ Compensation Claims (and What to Do About It)

AMAXX

By understanding the role fear plays in workers compensation claims, employers can implement strategies to foster trust, improve outcomes, and reduce costs. The Link Between Fear and Litigation Studies have consistently identified fear as a major driver of workers compensation litigation.

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Mistake: Accepting Every Workers’ Compensation Claim

AMAXX

Many companies operate under an unwritten rule: accept every workers compensation claim, no questions asked. A well-managed workers compensation program should pay 100% of legitimate claimsand 0% of the claims that arent. Claims Reporting Policy : Require employees to report injuries within a specific timeframe (e.g.,

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Appraisal outcome freezes compensation

Rough Notes

INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS Appraisal outcome freezes compensation 50 Exchange Terrace LLC sought to collect under a property policy with Mount Vernon Specialty Insurance Company (Mount Vernon) for damage to its property in Rhode Island. After frozen pipes […]

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Business Owner’s Policy for Restaurants

Distinguished

A Business Owners Policy, commonly known asa BOP bundles essential protections like property, general liability, and liquor liability into one streamlined solution. What is a Business Owners Policy (BOP)? A BOP is an efficient way to safeguard against these operational risks with one comprehensive policy.

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Workers Compensation Insurance Rates By State In 2025!

Simply Insurance

Workers' compensation insurance rates vary by state due to location, industry risks, and policy coverage. Different policies offer varying levels of protection, including coverage for medical expenses and lost wages. The national average cost is approximately $1,128 per year.

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Blog Post: Formplay: How Insurance Practitioners Can Score with Standard Insurance Policies

LexisNexis

Learn about the implications of form policies in regulatory disputes and coverage litigation. Standard Insurance Policy Forms Fundamentals Analyze the genesis and use of standardized insurance policy forms and the identity and background of the entities primarily responsible for their creation.