Remove General Liability Remove Injury Remove Workers Compensation
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Blog Post: The Long Tail Bites Back: When Old Policies Haunt New Problems

LexisNexis

Allocation of Latent Injury and Damage Claims State Law Survey Examine the method adopted in each of the 50 states and the District of Columbia of allocating damages for latent bodily injury and property damage claims, which are also called long tail or continuous injury or damage claims.

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Who Really Pays for Workers’ Comp? Debunking a Common Myth

AMAXX

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. These misconceptions are widespreadand costly.

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5 Best Practices for Effective Claims Reviews

Risk Management Monitor

Another company may have an unusually high experience modification rate that they want to bring down by reducing the frequency of worker injuries. For instance, perhaps a restaurant chain experiences a high frequency of slip-and-fall claims from workers in its kitchens. Potential Benefits.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Cyber liability insurance helps cover costs related to: Data breaches Ransomware attacks Notification of affected parties Legal fees and fines Why it’s critical in California : California’s strict data protection laws, like the California Consumer Privacy Act (CCPA), mean IT businesses face higher liability if customer data is compromised.

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The Insights You Need for A Strong Finish to 2024

Zywave

But beyond just the employee benefits, the workerscompensation and general liability markets are also feeling the pinch of increased medical costs. Bureau of Labor Statistics reported that the total value of medical care has jumped by over 115% since 2000.

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Cannabis Industry Prospects Brighten;Risks, Challenges Remain

Triple-I: Workers Compensation

The CLAIM Act would let these businesses obtain insurance to cover the same risks of theft, damage, injury, loss, and liability as all other businesses. Does workers compensation cover a workplace accident in which the injured employee tested positive for marijuana?

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What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. Ask yourself: – Does having general liability insurance save me from costly lawsuits?