Insured and Workers Comp - Insurance Industry Brief

How to Start a Clothing Boutique: Insurance Edition

Central Insurance

MAY 13, 2025

Protect your clothing boutique from day one with essential insurancecovering liability, property, cyber risks, workers comp, and more. The post How to Start a Clothing Boutique: Insurance Edition appeared first on Central Insurance Blog.

Workers Comp

Workers Comp Cyber Liability Insurer

Report: California Workers’ Comp Combined Ratio Highest in 14 Years

Insurance Journal

JUNE 1, 2025

The Workers’ Compensation Insurance Rating Bureau of California … Written premiums in California stabilized in 2022 through 2024 after the large swings during the pandemic, while the combined ratio rose to the highest level in 14 years, a new report shows.

Workers Comp

Workers Comp Compensation Premium Insurance

The Grand Bargain: How Workers’ Comp Became a Win-Win for Employers and Employees

AMAXX

MAY 19, 2025

The workers compensation system may feel like a complex web of insurance premiums, claims adjusters, and legal disputesbut at its core, its rooted in one simple idea: a compromise. Click Link to Access Free PDF Download “Step-By-Step Process To Master Workers Comp In 90 Days” In short, the system wasnt working for anyone.

Workers Comp

Workers Comp Injury Workers Compensation Claim

Part 2: Workers’ Comp Independent Premium Audits Explained

AMAXX

MARCH 24, 2025

This post is one in a 3-part series: Part 1: Workers Comp Independent Premium Audits Explained Part 2: Workers Comp Independent Premium Audits Explained Part 3: Workers Comp Independent Premium Audits Explained 5. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp

Workers Comp Premium Workers Compensation Compensation

Reforming Your Workers’ Comp Program: Avoiding Common Pitfalls and Taking Action

AMAXX

JANUARY 27, 2025

Employers must recognize that effective workers comp management requires proactive employer involvement and robust internal processes to support external partners, emphasizing teamwork in workers’ compensation programs. FREE DOWNLOAD: “Step-By-Step Process To Master Workers Comp In 90 Days” 5.

Workers Comp

Workers Comp Injury Workers Compensation Claim

Minnesota’s The Builders Group Goes Live on Insurity’s Workers Comp Suite

Insurance Journal

JUNE 5, 2025

Insurity, a provider of cloud-based software for property and casualty insurance carriers, brokers, and MGAs, today announced that The Builders Group (TBG) has successfully gone live on Insurity Workers’ Comp Suite. This milestone signifies the completion of a deployment that …

Workers Comp

Workers Comp Casualty Insurance Insurance Carrier Broker

California Insurance Commissioner OKs Lower Workers’ Comp Benchmark Rate

Insurance Journal

JULY 12, 2024

California Insurance Commissioner Ricardo Lara today issued a decreased pure premium rate for workers’ compensation insurance, lowering the annual benchmark rate from $1.41 per $100 of payroll— representing a 2.1% percent decrease from last year. The advisory rate …

Workers Comp

Workers Comp Premium Compensation Insurer

9 Characteristics of Transitional Duty Assignments in Workers’ Comp

AMAXX

FEBRUARY 4, 2025

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%. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center.

Workers Comp

Workers Comp Workers Compensation Injury Compensation

The Case for Injury Duration Guidelines in Modern Workers’ Comp Programs

AMAXX

JANUARY 21, 2025

By providing clear benchmarks for recovery, Injury Duration Guidelines help prevent unnecessary treatments and reduce claim durations, benefiting both employers and insurers. By promoting consistency, fairness, and efficiency, these guidelines benefit everyone involvedinjured workers, employers, medical providers, and insurers alike.

Workers Comp

Workers Comp Injury Workers Compensation Compensation

2 Common Mistakes In Workers’ Comp Doctor Selection

AMAXX

MARCH 18, 2025

While using an approved network is necessary for insurance and cost-control reasons, not all doctors within the network are equally effective at managing workplace injuries. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%.

Workers Comp

Workers Comp Workers Compensation Injury Compensation

Massachusetts Denies 7.1% Workers’ Comp Rate Hike After 2024 ‘Excessive’ Cut

Insurance Journal

JUNE 15, 2025

Massachusetts Insurance Commissioner Michael Caljouw has rejected an industry proposal to raise workers’ compensation rates by 7.1%. As a result, existing rates, which reflect a 14.6% decrease ordered last July, will remain in effect for policies on and after July …

Workers Comp

Workers Comp Compensation Policy Insurance

Outlooks Revised to Positive for Louisiana Workers’ Comp Insurer Stonetrust

Insurance Journal

JULY 31, 2024

AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Stonetrust Commercial Insurance Company and Stonetrust Premier Casualty Insurance Company. Stonetrust is …

Workers Comp

Workers Comp Casualty Insurance Commercial Insurance Commercial

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

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

Workers Comp Workers Compensation Injury Claim

How to Build a Rockstar Workers’ Comp Team

AMAXX

MAY 14, 2025

When a workers comp program isnt delivering results, many employers instinctively look outward. If you want a high-performing workers comp programone that reduces claims, controls costs, and supports injured employees you need a rockstar internal team. Step 2: Define Your Internal Team Workers comp is a team sport.

Workers Comp

Workers Comp Building Injury Workers Compensation

Workers’ Comp Is a Team Sport: Understanding the Puzzle of Stakeholders

AMAXX

MAY 26, 2025

Workers compensation isnt a solo actits a team sport. This article breaks down the major stakeholders involved in workers comp and how collaboration across this ecosystem leads to better outcomesfor both the injured worker and the employer footing the bill. They’re also known as the insurer or underwriter.

Workers Comp

Workers Comp Workers Compensation Injury Claim

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

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. These misconceptions are widespreadand costly.

Workers Comp

Workers Comp Workers Compensation Premium Injury

Pinnacol’s EverPeak Workers’ Comp Coverage Expands Into South Carolina

Insurance Journal

SEPTEMBER 12, 2024

EverPeak Insurance, a workers’ compensation insurer that specializes in hard-to-place industries and small businesses, has recently expanded into South Carolina. Vice President and Chief Operating Officer Vlad Stojanovic said the move will help address the difficulties that some employers face …

Workers Comp

Workers Comp Compensation Workers Compensation Insurance

WCIRB Summarizes 2024 California Workers’ Comp Legislation

Insurance Journal

OCTOBER 3, 2024

The Workers’ Compensation Insurance Rating Bureau is giving its take on bills passed and passed on by California Legislature this year. The Legislature recessed for the year and Gov. Gavin Newsom had until Sept. 30 to sign or veto any …

Workers Comp

Workers Comp Compensation Workers Compensation Workers Compensation Insurance

From Integrity Tests to Physical Exams: A 6-Step Hiring System to Reduce Workers’ Comp Claims

AMAXX

MAY 6, 2025

Hiring is more than finding the right resume or filling a seatits the first and most important line of defense in preventing workplace injuries and reducing workers comp costs. Hiring Isnt Just HRIts Risk Management This 6-step hiring system isnt just a recruitment strategyits a workers comp prevention tool.

Workers Comp

Workers Comp Claim Injury Workers Compensation

Maryland’s Largest Workers Comp Insurer Files for 8% Rate Cut

Insurance Journal

MARCH 3, 2025

Chesapeake Employers’ Insurance Co. has filed for an 8% net rate decrease with the Maryland Insurance Administration (MIA) effective April 1, 2025. The nonprofit company also announced its highest-ever policyholder dividend of $55 million for 2025. It is the eighth …

Workers Comp

Workers Comp Policyholder Insurer Insurance

Washington Workers’ Comp Premium Going up in 2025

Insurance Journal

DECEMBER 1, 2024

The average cost of workers’ compensation insurance in Washington will go up about 3.8% Employers and workers together will pay on average roughly $1 per week more for each … in 2025, the Washington State Department of Labor & Industries announced.

Workers Comp

Workers Comp Premium Compensation Workers Compensation

Florida Appeals Court Upsets Applecart on Workers’ Comp Statute of Limitations

Insurance Journal

JANUARY 15, 2025

A recent decision and concurring opinion by a Florida appeals court may have upset years of practice and could raise costs for workers’ compensation insurers. Some claims that carriers were once ready to close out of due to the statute …

Workers Comp

Workers Comp Compensation Claim Workers Compensation

Colorado Governor Wants to Privatize State’s Workers’ Comp Carrier

Insurance Journal

JANUARY 3, 2025

Jared Polis wants to spin off the state’s stake in Pinnacol Assurance, privatizing the workers’ compensation carrier of last resort to help it make more money and plug government budget holes. Colorado Gov. The big idea is that pulling up …

Workers Comp

Workers Comp Compensation Workers Compensation Insurer

Avoid Litigation and Improve Workers’ Comp Claim Outcomes

AMAXX

FEBRUARY 17, 2025

The Link Between Trust and Outcomes A study conducted by the Workers Comp Research Institute (WCRI) highlights the crucial role that trust and fear play in an injured workers recovery and financial stability. ” Workers need clear, timely updates about their benefits, particularly wage replacement checks.

Workers Comp

Workers Comp Claim Workers Compensation Injury

Cyber Risk: West Virginia OIC Plans to Dispose of Older Workers’ Comp Files

Insurance Journal

AUGUST 22, 2024

The West Virginia insurance commissioner’s office has adopted a new policy: It will soon begin destroying workers’ compensation claim files that are 10 years old or older. “Given increasing cybersecurity concerns and the type of information contained in the closed …

Workers Comp

Workers Comp Cyber Compensation Risk

Summit Expands Workers’ Comp Coverage to Illinois

Insurance Journal

DECEMBER 5, 2024

Summit, a regional provider of workers’ compensation insurance services, announced the expansion of its coverage into Illinois.

Workers Comp

Workers Comp Casualty Insurance Compensation Insurance Companies

Part 1: Workers’ Comp Independent Premium Audits Explained

AMAXX

MARCH 24, 2025

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%. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center.

Workers Comp

Workers Comp Premium Injury Workers Compensation

Missouri to See Reduction in Workers’ Comp Rates in 2025

Insurance Journal

DECEMBER 6, 2024

The Missouri Department of Commerce and Insurance (DCI) announced that employers should see a reduction in workers’ compensation rates in 2025, marking the fourth straight year of decreased rates. The projected rate reduction is based off preliminary figures collected by …

Workers Comp

Workers Comp Compensation Insurance Insurer

‘Dr. Taxes’ in Georgia Charged with Taking Workers’ Comp Premiums from Clients

Insurance Journal

SEPTEMBER 9, 2024

A businessman in south Georgia who called his business a tax preparation site for immigrants is now facing multiple charges that he swindled clients out of thousands of dollars in workers’ compensation insurance premiums. Emmanuel Torres Cruz, 34, was arrested …

Workers Comp

Workers Comp Premium Compensation Workers Compensation

Five Metrics Every Employer Should Track to Master Workers’ Comp

AMAXX

MAY 13, 2025

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.

Workers Comp

Workers Comp Injury Workers Compensation Claim

FCBI, a Florida Workers’ Comp Fund, Acquires MidSouth Mutual in Tennessee

Insurance Journal

AUGUST 25, 2024

FCBI, a self-insurance fund founded 45 years ago to provide workers’ compensation plans to Florida citrus growers, is expanding well beyond the Sunshine State with the acquisition of MidSouth Mutual Insurance Co. in Tennessee. MidSouth has been demutualized and has …

Workers Comp

Workers Comp Compensation Workers Compensation Insurance

WCIRB: California Workers’ Comp Written Premium in 2023 Was up Slightly

Insurance Journal

OCTOBER 8, 2024

California workers’ compensation written premium in 2023 was slightly above 2022, while written premium for the first six months of 2024 is 2% lower than the first six months of 2023, a new report shows. The Workers’ Compensation Insurance Rating …

Premium

Premium Workers Comp Compensation Workers Compensation Insurance

Texas Workers’ Comp is Growing, Profitable, Adding Doctors

Insurance Journal

NOVEMBER 14, 2024

The workers’ compensation market is one of the few consistently profitable lines in the state, according to the Worker’s Compensation Annual Report 2024 from the Insurance Council of Texas. Texas has …

Workers Comp

Workers Comp Compensation Workers Compensation Insurance

TDI to Adopt 11.5% Workers’ Comp Rate Decrease

Insurance Journal

APRIL 2, 2025

The Texas Department of Insurance said in a March 28 bulletin that it accepted the National Council on Compensation Insurance (NCCI) advisory loss cost filing proposal of an overall average decrease of 11.5% to the current loss cost level. The …

Workers Comp

Workers Comp Compensation Insurance Insurer

California Workers’ Comp Report Shows ‘Relatively Stable’ System Post-Pandemic

Insurance Journal

JULY 29, 2024

The California workers’ compensation system has been relatively stable in the post-pandemic era, as premium levels rose by 1% in 2023 and are forecast to increase modestly in 2024—while decreases in average insurer charged rates are moderating, a new report …

Workers Comp

Workers Comp Compensation Premium Workers Compensation

NCCI Unveils New, More Precise Workers’ Comp Medical Price Index

Insurance Journal

OCTOBER 6, 2024

By William Rabb In recent years, workers’ compensation insurers have struggled to accurately gauge the precise trends in medical costs, and have had to rely on indexes that weren’t quite on-point: The U.S. Consumer Price Index is geared toward what …

Workers Comp

Workers Comp Compensation Insurance Insurer

Part 1: Layoff Planning to Control Workers’ Comp Claims

AMAXX

MARCH 10, 2025

Here are six critical actions your company can take before a planned layoff to effectively manage and potentially reduce workers compensation claims: This post is one in a 2-part series: Part 1: Layoff Planning to Control Workers Comp Claims Part 2: Layoff Planning to Control Workers Comp Claims 1.

Workers Comp

Workers Comp Claim Workers Compensation Injury

Part 2: Layoff Planning to Control Workers’ Comp Claims

AMAXX

MARCH 10, 2025

Be meticulous in updating personnel files, health insurance documentation, and records of sick leave. This post is one in a 2-part series: Part 1: Layoff Planning to Control Workers Comp Claims Part 2: Layoff Planning to Control Workers Comp Claims 3. All state laws vary.

Workers Comp

Workers Comp Claim Workers Compensation Injury

California Security Company Owner Sentenced in $3.4M Workers’ Comp Fraud Case

Insurance Journal

MAY 21, 2025

The owner of a San Jose-based security company was sentenced after a California Department of Insurance investigation reportedly uncovered a multiyear scheme to underreport payroll and avoid paying workers’ compensation insurance premiums. Raul Chavez, 40, pleaded guilty to felony premium …

Workers Comp

Workers Comp Premium Compensation Insurance

Breaking the Cycle: How Fear Drives Workers’ Comp Litigation—and What to Do About It

AMAXX

JUNE 9, 2025

Addressing Fear Starts with Empathy Empathy is the foundation of any successful workers’ comp program. It’s the ability to step into the shoes of an injured worker and understand what they’re experiencing. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center.

Workers Comp

Workers Comp Workers Compensation Injury Compensation

California Vocational School Owner Charged With Fraud in Workers’ Comp Scheme

Insurance Journal

OCTOBER 24, 2024

The owner of a Fresno, California-based for-profit vocational school was charged with engaging in fraudulent billing practices related to workers’ compensation. Paul Steve Ramirez, 59, was charged with 11 felony counts, including insurance fraud. The fraudulent insurance claims could reach …

Workers Comp

Workers Comp Compensation Insurance Claim Claim

West Virginia Governor Touts 20th-Straight Workers’ Comp Loss Cost Decrease

Insurance Journal

AUGUST 13, 2024

The National Council on Compensation Insurance is recommending a 9.1% decrease in workers’ compensation loss cost projections for the West Virginia voluntary market. If approved by regulators, it would mark the 20th straight year of rate decreases for the state, …

Workers Comp

Workers Comp Compensation Workers Compensation Insurance

Long COVID Claims Still Impact California’s Workers Comp System, Report Shows

Insurance Journal

OCTOBER 6, 2024

The impact and surge of long-term COVID on the California workers’ compensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on long COVID claims. That’s from a report by …

Workers Comp

Workers Comp Claim Compensation Workers Compensation Insurance

Report: 1Q 2024 California Workers’ Comp Written Premium 3% Lower Than Year Ago

Insurance Journal

JULY 31, 2024

Written premium for the first quarter of 2024 was 3% lower than the first quarter of 2023, while written premium in 2023 was slightly above 2022, according to the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB released its …

Premium

Premium Workers Comp Compensation Workers Compensation

How to Start a Clothing Boutique: Insurance Edition

Report: California Workers’ Comp Combined Ratio Highest in 14 Years

Trending Sources

The Grand Bargain: How Workers’ Comp Became a Win-Win for Employers and Employees

Part 2: Workers’ Comp Independent Premium Audits Explained

Reforming Your Workers’ Comp Program: Avoiding Common Pitfalls and Taking Action

Minnesota’s The Builders Group Goes Live on Insurity’s Workers Comp Suite

California Insurance Commissioner OKs Lower Workers’ Comp Benchmark Rate

9 Characteristics of Transitional Duty Assignments in Workers’ Comp

The Case for Injury Duration Guidelines in Modern Workers’ Comp Programs

2 Common Mistakes In Workers’ Comp Doctor Selection

Massachusetts Denies 7.1% Workers’ Comp Rate Hike After 2024 ‘Excessive’ Cut

Outlooks Revised to Positive for Louisiana Workers’ Comp Insurer Stonetrust

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

How to Build a Rockstar Workers’ Comp Team

Workers’ Comp Is a Team Sport: Understanding the Puzzle of Stakeholders

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

Pinnacol’s EverPeak Workers’ Comp Coverage Expands Into South Carolina

WCIRB Summarizes 2024 California Workers’ Comp Legislation

From Integrity Tests to Physical Exams: A 6-Step Hiring System to Reduce Workers’ Comp Claims

Maryland’s Largest Workers Comp Insurer Files for 8% Rate Cut

Washington Workers’ Comp Premium Going up in 2025

Florida Appeals Court Upsets Applecart on Workers’ Comp Statute of Limitations

Colorado Governor Wants to Privatize State’s Workers’ Comp Carrier

Avoid Litigation and Improve Workers’ Comp Claim Outcomes

Cyber Risk: West Virginia OIC Plans to Dispose of Older Workers’ Comp Files

Summit Expands Workers’ Comp Coverage to Illinois

Part 1: Workers’ Comp Independent Premium Audits Explained

Missouri to See Reduction in Workers’ Comp Rates in 2025

‘Dr. Taxes’ in Georgia Charged with Taking Workers’ Comp Premiums from Clients

Five Metrics Every Employer Should Track to Master Workers’ Comp

FCBI, a Florida Workers’ Comp Fund, Acquires MidSouth Mutual in Tennessee

WCIRB: California Workers’ Comp Written Premium in 2023 Was up Slightly

Texas Workers’ Comp is Growing, Profitable, Adding Doctors

TDI to Adopt 11.5% Workers’ Comp Rate Decrease

California Workers’ Comp Report Shows ‘Relatively Stable’ System Post-Pandemic

NCCI Unveils New, More Precise Workers’ Comp Medical Price Index

Part 1: Layoff Planning to Control Workers’ Comp Claims

Part 2: Layoff Planning to Control Workers’ Comp Claims

California Security Company Owner Sentenced in $3.4M Workers’ Comp Fraud Case

Breaking the Cycle: How Fear Drives Workers’ Comp Litigation—and What to Do About It

California Vocational School Owner Charged With Fraud in Workers’ Comp Scheme

West Virginia Governor Touts 20th-Straight Workers’ Comp Loss Cost Decrease

Long COVID Claims Still Impact California’s Workers Comp System, Report Shows

Report: 1Q 2024 California Workers’ Comp Written Premium 3% Lower Than Year Ago

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