AMAXX

JUNE 17, 2025

The Return-to-Work Ratio measures the percentage of injured employees who return to work within 0–4 days of the injury. Company B, on the other hand, faces more lost time, higher indemnity costs, and a higher experience mod—leading to increased insurance premiums. times more likely to have a mod above 1.1.

Workers Comp

Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Homeowners in Georgia’s most climate-risk-vulnerable counties , such as the coastal and most southern parts of the state, can face double-digit premium hikes or nonrenewals. Injury claim severity in the state is slightly higher than in the rest of the country.

Commercial General Liability

AMAXX

JULY 14, 2025

Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Here’s how it works: When you report a medical-only claim (a claim without any lost time or indemnity payments), 70% of the cost is excluded from your experience modification factor (mod).

Claim

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 4, 2025

OSHA Compliance as a Cost-Saving Strategy Workplace injuries are expensive. A proactive safety strategy aligned with OSHA standards can drastically reduce workplace injuries, lowering both direct and indirect costs. Analyzing injury trends , near-miss reports, and incident rates can help identify weak spots in your operations.

Workers Comp

AMAXX

MARCH 18, 2025

This opens the door to exaggerated injuries, unrelated medical issues being attributed to work, and even outright fraudulent claims. Heres how: Establish a Clear Injury Investigation Process Not all injuries that occur at work are work-related, and not all reported injuries are legitimate.

Workers Compensation

AMAXX

MAY 27, 2025

If you’re serious about lowering premiums, reducing claim durations, and improving outcomes for injured workers, start by identifying and correcting these ten common pitfalls. Set benchmarks, monitor performance, and proactively train your supervisors and staff before the next injury occurs.

Workers Comp

Distinguished

MARCH 20, 2025

Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. Insurers view these violations as signs of deferred maintenance and increased risk.

Broker

Distinguished

MAY 19, 2025

Why Restaurant Need a Business Owners Policy Restaurants are fast-paced, high-risk environments that face frequent challenges from customer injuries and equipment breakdowns to power outages and spoiled inventory. Distinguished offers competitive pricing with low minimum premiums and flexible quoting.

Policy

Triple-I: Workers Compensation

MAY 20, 2025

Key Findings Premium: Workers compensation net written premium decreased by 3.2 Health Care: Despite pandemic disruptions, health care claim frequency (excluding COVID-19 claims) generally declined from 2015 to 2023, driven by a near 30 percentage point reduction in strain-related injuries. points in 2024.

Workers Comp

Mark Jackson Insurance Agency

JUNE 16, 2025

Choosing the Wrong Deductible It’s tempting to choose a higher deductible to lower your premium, but that can backfire in the event of a claim. Not Getting Proof of Insurance from Vendors or Subcontractors If a subcontractor causes damage or injury, your business could be held liable if that subcontractor is not properly insured.

Commercial Insurance

R&R Insurance

MAY 7, 2025

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.

Out-Of-Pocket

Simply Insurance

JUNE 28, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. However, they are in the process of updating how they calculate risk and monthly premiums.

Home Insurance

AMAXX

JULY 30, 2025

Multiply that by several injuries—and you’ll see how quickly those numbers can spiral out of control. 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. Invest in the process now—before the next injury—and watch the hidden costs disappear.

Workers Comp

Distinguished

MARCH 20, 2025

For example, a resident suffered severe injuries a fractured tibia and fibula after slipping on black ice while walking to her car. It covers physical damage to the other vehicle, bodily injuries, medical expenses for anyone injured (other than the insured driver), and legal expenses if the insured is sued for negligence.

Building

Distinguished

MARCH 19, 2025

Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. Insurers view these violations as signs of deferred maintenance and increased risk.

Building

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

AMAXX

JULY 10, 2025

The New Hire Injury Spike: By the Numbers Multiple studies back up what many employers already suspect: 35% of all workplace injuries happen in the first year. New hires in the first month are at 4–6 times greater risk of injury than longer-term employees. 44% of construction injuries hit first-year workers.

Injury

TGS

MARCH 4, 2025

Specifically, drivers need: $10,000 in Personal Injury Protection (PIP) : Covers medical expenses for you and your passengers, regardless of whos at fault. This often comes with higher premiums. Driving without insurance in Florida puts you at risk of footing the bill for injuries, repairs, and legal fees entirely on your own.

Auto Insurance

Word & Brown

APRIL 1, 2025

Individual Health Insurance Tax Deductibility If you offer individual health insurance to your clients, they may be able to include their health insurance premiums in their medical expense calculation on their taxes. Other health care-related expenses may also be deductible for your clients, depending on their incomes.

Deductible

Protect Commercial Insurance

JULY 18, 2025

And finally, there must be damages – a real injury or financial loss. Even if you never intended harm, a single incident can lead to hefty legal fees, compensation payouts, reputational damage and higher premiums in future. First, there has to be a duty of care – a legal responsibility to act in a certain way.

Liability

Simply Insurance

JUNE 23, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. However, they are in the process of updating how they calculate risk and monthly premiums.

Home Insurance

Triple-I: Homeowners Insurance

MAY 27, 2025

The new legislation addresses Louisiana’s longstanding challenges with high insurance premiums and the states reputation for being plaintiff-friendly in civil litigation. Jeff Landrys signature.

Injury

Simply Insurance

JUNE 15, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. However, they are in the process of updating how they calculate risk and monthly premiums.

Home Insurance

Distinguished

JUNE 2, 2025

Under Ohio premises liability law , property owners are frequently held liable for injuries sustained on their properties, making liability coverage crucial. Liability protection: Covers injuries to tenants or visitors, with limits of $1M per occurrence and $2M aggregate. Coverage limits: More protection means a higher premium.

Liability

Simply Insurance

JUNE 12, 2025

Water Fire Windstorm & Hail Lightning Lawsuits Vandalism & theft Riot and civil commotion Injury Does Homeowners Insurance Cover Rental Properties? However, you should always ensure that the monthly premium doesnt cost more than what your property brings in on average every month; otherwise, it wont be worth the cost of coverage.

Insurance Quotes

Simply Insurance

JUNE 10, 2025

Water Fire Windstorm & Hail Lightning Lawsuits Vandalism & theft Riot and civil commotion Injury Does Homeowners Insurance Cover Rental Properties? However, you should always ensure that the monthly premium doesnt cost more than what your property brings in on average every month; otherwise, it wont be worth the cost of coverage.

Insurance Quotes

Simply Insurance

JUNE 9, 2025

Water Fire Windstorm & Hail Lightning Lawsuits Vandalism & theft Riot and civil commotion Injury Does Homeowners Insurance Cover Rental Properties? However, you should always ensure that the monthly premium doesnt cost more than what your property brings in on average every month; otherwise, it wont be worth the cost of coverage.

Insurance Quotes

AMAXX

JUNE 16, 2025

Real-World Benefits of Collaboration Organizations that use collaborative RTW methods see measurable improvements in both injury outcomes and cost savings. Collaborative programs help bring employees back within 0–4 days of injury—a crucial window that keeps claims within the waiting period in most states, eliminating indemnity costs.

Workers Comp

Simply Insurance

JUNE 17, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. However, they are in the process of updating how they calculate risk and monthly premiums.

Home Insurance

Distinguished

JUNE 30, 2025

Over-serving patrons can lead to accidents, injuries, or property damage, exposing restaurants to legal claims. General liability insurance: Covers legal expenses and damages if the restaurant is held liable for incidents, such as customer injuries. When they do, lawsuits and reputational damage can threaten a restaurant’s survival.

Liability

Distinguished

JUNE 30, 2025

Over-serving patrons can lead to accidents, injuries, or property damage, exposing restaurants to legal claims. General liability insurance: Covers legal expenses and damages if the restaurant is held liable for incidents, such as customer injuries. When they do, lawsuits and reputational damage can threaten a restaurant’s survival.

Liability

Simply Insurance

JULY 17, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. However, they are in the process of updating how they calculate risk and monthly premiums.

Home Insurance

Simply Insurance

JULY 18, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. However, they are in the process of updating how they calculate risk and monthly premiums.

Home Insurance

Simply Insurance

JULY 18, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. However, they are in the process of updating how they calculate risk and monthly premiums.

Home Insurance

Simply Insurance

JUNE 11, 2025

Water Fire Windstorm & Hail Lightning Lawsuits Vandalism & theft Riot and civil commotion Injury Does Homeowners Insurance Cover Rental Properties? However, you should always ensure that the monthly premium doesnt cost more than what your property brings in on average every month; otherwise, it wont be worth the cost of coverage.

Insurance Quotes

Simply Insurance

JUNE 17, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. However, they are in the process of updating how they calculate risk and monthly premiums.

Home Insurance