AMAXX

MARCH 4, 2025

By understanding the role fear plays in workers compensation claims, employers can implement strategies to foster trust, improve outcomes, and reduce costs. The Link Between Fear and Litigation Studies have consistently identified fear as a major driver of workers compensation litigation.

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Workers Compensation Compensation Claim Workers Comp 82

AMAXX

MARCH 18, 2025

Many companies operate under an unwritten rule: accept every workers compensation claim, no questions asked. A well-managed workers compensation program should pay 100% of legitimate claimsand 0% of the claims that arent. Employees come to believe that every claim will be accepted, regardless of the circumstances.

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Workers Compensation Compensation Claim Workers Comp 71

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.

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Workers Comp Injury Workers Compensation Compensation 98

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.

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Workers Comp Workers Compensation Injury Claim 66

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 66

Workers Comp Workers Compensation Premium Injury 66

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.

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Workers Comp Workers Compensation Injury Claim 59

AMAXX

JANUARY 20, 2025

In the intricate landscape of workers’ compensation, the pursuit of optimal outcomes for injured workers is paramount. Employers, insurers, and healthcare providers face a delicate balance: ensuring injured workers receive appropriate care while effectively managing costs and promoting timely return-to-work.

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Workers Compensation Compensation Workers Comp Injury 98

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 290

Workers Comp Premium Compensation Insured 290

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.

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Workers Comp Building Injury Workers Compensation 69

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. Clearly communicate who will cover medical expenses and what the worker needs to do. All state laws vary.

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Workers Comp Claim Workers Compensation Injury 66

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.

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Workers Comp Claim Injury Workers Compensation 84

Triple-I: Workers Compensation

MAY 20, 2025

William Nibbelin, Senior Research Actuary, Triple-I Economic uncertainty, industry-specific trends, and evolving risks were the focus of the NCCI Annual Insights Symposium (AIS) 2025 a key event for the workers compensation industry. Key Findings Premium: Workers compensation net written premium decreased by 3.2

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Workers Comp Workers Compensation Compensation Claim 45

AMAXX

FEBRUARY 24, 2025

Evidence-Based Medicine (EBM) plays a critical role in workers compensation, guiding both medical professionals and non-medical stakeholders in making informed decisions about injury treatment, recovery time, and return-to-work strategies. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Compensation Compensation Workers Comp Injury 66

AMAXX

JUNE 9, 2025

When it comes to workers’ compensation litigation, fear is the unspoken force driving many claims into the courtroom. It’s not necessarily bad injuries, bad actors, or even bad faith that sends injured workers searching for an attorney. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Workers Compensation Injury Compensation 66

AMAXX

FEBRUARY 24, 2025

If you review the insurer’s file notes online and do not see NCM notes, contact the NCM for an update. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. Require the NCM to provide frequent updates. All state laws vary.

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Workers Compensation Compensation Workers Comp Claim 66

AMAXX

JUNE 3, 2025

In workers compensation, the moments before an injury ever occurs are just as important if not more so than the moments after. Create a Branded Workers’ Comp Program One of the most powerful ways to set expectations is to give your workers comp process a name and visual identity. Here’s how.

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Injury Workers Comp Workers Compensation Compensation 88

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.

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Workers Comp Claim Workers Compensation Injury 59

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%. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Premium Injury Workers Compensation 71

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.

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Workers Comp Injury Workers Compensation Claim 59

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 …

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Workers Comp Compensation Workers Compensation Workers Compensation Insurance 264

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 …

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Workers Comp Compensation Workers Compensation Insurer 259

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 …

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Workers Comp Policyholder Insurer Insurance 249

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.

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Workers Comp Claim Workers Compensation Injury 59

AMAXX

APRIL 28, 2025

Empathy isnt just a nice to have in workers comp management it’s a proven strategy for reducing claim costs, preventing litigation, and helping injured employees return to work faster. It’s been proven across multiple research studies, including landmark work by the Workers Compensation Research Institute (WCRI).

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Workers Compensation Compensation Workers Comp Injury 66

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 290

Workers Comp Compensation Workers Compensation Insured 290

AMAXX

FEBRUARY 25, 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%. You should consult with your insurance broker, attorney, or qualified professional.

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Workers Comp Injury Workers Compensation Claim 80

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.

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Workers Comp Premium Compensation Workers Compensation 263

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 264

Workers Comp Compensation Claim Workers Compensation 264

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 279

Workers Comp Cyber Compensation Risk 279

AMAXX

APRIL 10, 2025

In the complex world of workers compensation, risk managers play a vital role in aligning strategic oversight with day-to-day claims operations. Heres a closer look at best practices every risk manager should be following to create a high-performing, cost-effective workers compensation program.

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Workers Comp Risk Workers Compensation Injury 59

Insurance Journal

DECEMBER 5, 2024

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

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Workers Comp Casualty Insurance Compensation Insurance Companies 243

AMAXX

MAY 12, 2025

Its a funny sceneuntil you realize its exactly how most employers manage their workers compensation programs. The Bugs Bunny Trap is a perfect metaphor for how workers comp can spiral out of control without a strategic framework. Ask yourself: What does a successful workers comp program look like for your organization?

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Workers Comp Workers Compensation Injury Compensation 59

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 263

Workers Comp Premium Compensation Workers Compensation 263

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 278

Workers Comp Compensation Workers Compensation Insurer 278

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 …

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Premium Workers Comp Compensation Workers Compensation Insurance 277

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 263

Workers Comp Compensation Premium Workers Compensation 263

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 246

Workers Comp Compensation Workers Compensation Insurer 246