AMAXX

JUNE 17, 2025

When it comes to managing workers’ compensation claims, many employers focus on lagging indicators—things like claim count, indemnity costs, and days lost. When workers return quickly—even in modified roles—they stay connected to their routine, avoid psychosocial complications like depression, and recover faster.

Workers Comp

AMAXX

MAY 27, 2025

Workers compensation is often misunderstood as a fixed cost of doing businesssomething employers have to accept, manage passively, and simply write checks for. In reality, workers comp costs are one of the most controllable expenses in your organization. Avoid It : Treat workers comp like a strategic initiative.

Workers Comp

AMAXX

JULY 17, 2025

When it comes to workers’ compensation costs, many employers focus on claims management, safety programs, and return-to-work initiatives. These two factors can dramatically influence your experience modification factor (mod) and ultimately how much you pay for workers’ comp insurance. They Influence Your Premium Basis.

Workers Comp

Triple-I: Workers Compensation

MAY 20, 2025

William Nibbelin, Senior Research Actuary, Triple-I Economic uncertainty, industry-specific trends, and evolving risks were the focus of the NCCI Annual Insights Symposium (AIS) 2025 a key event for the workers compensation industry. Key Findings Premium: Workers compensation net written premium decreased by 3.2

Workers Comp

Triple-I: Workers Compensation

FEBRUARY 14, 2025

By William Nibbelin, Senior Research Actuary, Triple-I The workers compensation insurance industry experienced its second-best underwriting result in the past 20 years in 2023, with a net combined ratio of 87, according to Triple-Is latest Issues Brief. A combined ratio under 100 indicates a profit. A ratio above 100 indicates a loss.

Workers Comp

AMAXX

MARCH 24, 2025

In this final part of our series exploring the nine elements of independent premium audits, we turn our focus to specialized situations and nuanced adjustments auditors carefully evaluate. Auditors disallow estimates, making precise documentation vital to receiving the intended premium savings associated with this exception.

Workers Comp

AMAXX

MARCH 18, 2025

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. Employees come to believe that every claim will be accepted, regardless of the circumstances.

Workers Compensation

AMAXX

JULY 15, 2025

When it comes to workers’ compensation costs, few topics spark more debate—and confusion—than the question: Which is worse for my experience mod: many small injuries or one big one? Your experience mod is essentially your company’s credit score for workers’ comp. signals worse-than-average performance and higher premiums.

Workers Comp

AMAXX

MAY 21, 2025

Ask the average employee who pays for workers compensation, and you might hear answers like the insurance company, the government, or even nobodyits just a benefit. In reality, the employer foots the bill for every dollar spent in the workers compensation system. Conversely, a clean record earns lower premiums.

Workers Comp

AMAXX

JULY 1, 2025

If there’s one universal truth in workers’ compensation, it’s this: The best claim is the one that never happens. Injuries occur, costs mount, and safety meetings become reactive discussions about what went wrong rather than proactive strategies to keep workers safe. Yet for many employers, the reality is different.

Injury

AMAXX

JULY 14, 2025

When it comes to workers’ compensation, small claims might seem harmless. The Experience Rating Adjustment (ERA) is one of the best-kept secrets in workers’ comp cost control. This discount exists to remove the fear that reporting small claims automatically increases your mod and your premiums. Not always.

Claim

AMAXX

MARCH 4, 2025

By shifting your perspective from compliance-as-burden to compliance-as-advantage, you can leverage OSHA requirements to create a safer, more productive workplace, reduce workers compensation costs , and enhance your company’s reputation. Heres how: 1. OSHA Compliance as a Cost-Saving Strategy Workplace injuries are expensive.

Workers Comp

AMAXX

MARCH 11, 2025

Effectively managing workers compensation requires careful oversight and proactive measures to identify and prevent fraudulent or exaggerated claims. Large claims can have significant long-term impacts on premiums, experience modification factors, and overall workers’ compensation costs.

Workers Comp

AMAXX

JULY 30, 2025

How the Cost Adds Up When an employee stays out of work after an injury, you’re not just paying their workers’ compensation indemnity benefits. compared to companies where 90–100% of workers return quickly. That means your workers’ comp program is not just a safety measure—it’s a profit protection tool.

Workers Comp

Simply Insurance

JUNE 11, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 12, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

AMAXX

JULY 10, 2025

You’re facing lost time, medical costs, and skyrocketing workers’ compensation expenses. Michael Stack, CEO of Amaxx LLC, is an expert in workers’ compensation cost containment systems and provides education, training, and consulting to help employers reduce their workers’ compensation costs by 20% to 50%.

Injury

AMAXX

JUNE 16, 2025

When an employee is injured on the job, a timely and thoughtful return-to-work (RTW) program can be the difference between a minor detour and a long, costly journey through the workers’ compensation system. A high mod increases your insurance premiums. Collaborative programs protect your mod by accelerating return to work.

Workers Comp

Simply Insurance

JUNE 12, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 10, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 10, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 9, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 12, 2025

Heres a quick look at how different benefit periods can affect your monthly premiums. Benefit Period Monthly Premium Notes 1 Year $50 Short-term coverage 5 Years $75 Medium-term coverage Until Retirement $120 Long-term coverage How Much Does a 2 Years Disability Insurance Policy Cost? Heres what you might expect to pay.

Insurance Quotes

Simply Insurance

JUNE 10, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 14, 2025

Larger companies or those in high-risk industries may face higher premiums. Larger companies often face higher premiums due to increased risk exposure. Companies with more sensitive data often face higher premiums. Companies with robust cloud security often benefit from lower premiums.

Insurance Quotes

Simply Insurance

JUNE 11, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 28, 2025

Security measures such as security cameras or living in a guarded community can also lower homeowners insurance premiums. If your items are stolen or destroyed due to a covered loss such as fire or water damage, they will be compensated. In New Jersey, our condo insurance plans cover up to $2,000 in claim compensation.

Insurance Quotes

Simply Insurance

JUNE 11, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 12, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 9, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 9, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 10, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JULY 1, 2025

Steadily stands out for its fast online quotes, affordable premiums, and specialized protections for landlords, making it a top choice in the state. This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Agents not required.

Insurance Quotes

Simply Insurance

JUNE 10, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Simply Insurance

JUNE 12, 2025

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Any insurance policy premium quotes or ranges displayed are non-binding. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

Insurance Quotes

Triple-I: Workers Compensation

JUNE 25, 2025

P/C replacement costs will likely rise throughout the industry, leading to higher claim payouts and, consequently, premium rates. Workers comp has benefited from a very strong labor market,” Glenn said, pointing to consistently low U.S. Talent and technology An evolving workforce poses additional risks.

Policy

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.

Workers Comp