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10 Mistakes That Blow Up Workers’ Comp Costs (and How to Avoid Them)

AMAXX

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.

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Five Metrics Every Employer Should Track to Master Workers’ Comp

AMAXX

Thats as true for workers comp as it is for fitness, finance, or sales. With just five core metrics , you can quickly diagnose the health of your workers compensation program , prioritize where to act, and measure your progress over time. And watch your workers comp program transform from chaotic to controlled.

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TN Metal-Treating Firm Failed to Learn from Previous Incidents, Safety Board Says

Insurance Journal

A French-owned metal-treating company in Tennessee failed to utilize safety management and failed to implement lessons learned from previous incidents before a 2024 explosion that killed one worker and heavily damaged the site, the U.S. Chemical Safety and Hazard Investigation …

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What Is Employers Liability Insurance?

Property Insurance Coverage Law

It’s distinct from workers’ compensation insurance; workers’ comp (as it’s often called) provides benefits to employees who are injured on the job, while employer’s liability insurance covers the employer’s legal costs and potential damages if an employee … The post What Is Employers Liability Insurance?

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The Hidden Costs of a Bad Hire: Why Employers Can’t Afford to Ignore Hiring Risks

AMAXX

According to a CareerBuilder study cited in Workers Comp Mastery Training , 75% of companies say theyve been impacted by a bad hire , with 41% reporting losses of $25,000 or more , and 24% saying the cost exceeded $50,000. The Financial Toll of a Bad Hire Its tempting to see a bad hire as a simple mistakesomeone who didnt work out.

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Washington Man on Workers’ Comp for 3 Years Caught on Video Carrying 48-Lb Table

Insurance Journal

A Pierce County, Washington, man has been ordered to pay back more than $60,000 to Washington’s workers’ compensation fund after videos reportedly showed he was working and carrying heavy objects in the years he was allegedly unable to work from …

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Best Landlord Insurance In Wyoming For Your Rental Property!

Simply Insurance

An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list. Property Damage Standard rental insurance includes this sort of coverage to repair or replace your property after a covered loss, such as fire, vandalism, or natural calamity. Who Should Buy Wyoming Rental Insurance?