article thumbnail

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.

article thumbnail

Markets/Coverages: Descartes Expands US Parametric Flood Cover for Businesses; EverPeak Takes Workers Comp Product to 11 New States

Insurance Journal

Parametric insurance company Descartes Underwriting has a new flood insurance product it said delivers better protection for US businesses, investors, and homeowners associations. Any type of business and industry class may be covered. Limits of up to $70 million are …

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Classification Rules in Workers’ Compensation

AMAXX

Classification rules are guidelines used by rating bureaus and insurance companies to categorize businesses based on the type of work they perform. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. What Are Classification Rules?

article thumbnail

Home Statistics

Simply Insurance

Any insurance policy premium quotes or ranges displayed are non-binding. The final insurance policy premium for any policy is determined by the underwriting insurance company following application submission and underwriting outcome. We do our best to ensure that this information is up-to-date and accurate.

article thumbnail

Personal Finance Statistics

Simply Insurance

Any insurance policy premium quotes or ranges displayed are non-binding. The final insurance policy premium for any policy is determined by the underwriting insurance company following application submission and underwriting outcome. We do our best to ensure that this information is up-to-date and accurate.

article thumbnail

Best Homeowners Insurance In Maryland To Cover Your Home

Simply Insurance

Many insurers offer discounts for bundling your home and auto insurance, installing hurricane shutters, or updating your electrical system. What Is The Cheapest Homeowners Insurance Company In Maryland? If youre looking for the cheapest homeowners insurance company in Maryland, look no further than Progressive.

article thumbnail

Life Insurance Rates By Term Length

Simply Insurance

Any insurance policy premium quotes or ranges displayed are non-binding. The final insurance policy premium for any policy is determined by the underwriting insurance company following application submission and underwriting outcome. We do our best to ensure that this information is up-to-date and accurate.