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

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. Theyre moving fast, skipping steps, and taking on avoidable risk. But what if hiring was treated like risk management?

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Workers Comp Claim Injury Workers Compensation 84

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. Theyre often the bridge between employers and carriers.

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Workers Comp Workers Compensation Injury Claim 66

AMAXX

MAY 21, 2025

In reality, the employer foots the bill for every dollar spent in the workers compensation system. Understanding who truly pays for workers comp is more than a technicalityits a mindset shift that unlocks better program management, smarter spending, and improved outcomes for injured workers. roofing vs. clerical work).

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Workers Comp Workers Compensation Premium Injury 66

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. Far from being a behind-the-scenes figure, a successful risk manager serves as the linchpin between claims administration, adjusters, and injury management teams.

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Workers Comp Risk Workers Compensation Injury 59

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.

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Workers Comp Claim Workers Compensation Injury 66

AMAXX

MARCH 24, 2025

Accurate payroll accounting reflecting these deductions helps maintain appropriate premium charges aligned with actual exposure to injury risk. Workers’ compensation relies heavily on correct employer classification to reflect an accurate risk exposure. However, strict rules apply.

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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. It’s a leading indicator of workplace safety and risk exposure.

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Workers Comp Injury Workers Compensation Claim 59

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 10, 2025

In the first part of our series, we emphasized the importance of thoughtful layoff planning to mitigate the risk of increased workers’ compensation claims following a workforce reduction or facility closure. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center.

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Workers Comp Claim Workers Compensation Injury 59

AMAXX

MAY 6, 2025

In fact, bad hires aren’t just a performance issuethey are a financial and legal liability , particularly in industries where physical labor increases the risk of injury. Here’s why employers must start treating hiring as a risk management function , and what they can do to mitigate the hidden costs.

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Workers Comp Risk Injury Workers Compensation 85

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 To qualify for this treatment, construction employers must keep meticulous records specifying exact hours worked per classification code.

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Workers Comp Premium Workers Compensation Compensation 59

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. This is attributed to decreases in rates outpacing payroll growth, including a 9.2-point

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Workers Comp Workers Compensation Compensation Claim 45

AMAXX

APRIL 30, 2025

When a workers compensation claim spirals into a costly, prolonged, or litigated nightmare, most people instinctively look for a technical failure: late paperwork, a coverage issue, or a misstep by the claims adjuster. The real reason many workers comp claims go off the rails? Here are four high-impact ways to start: 1.

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Workers Comp Claim Workers Compensation Injury 59

AMAXX

MARCH 11, 2025

Large claims can have significant long-term impacts on premiums, experience modification factors, and overall workers’ compensation costs. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%.

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Workers Comp Claim Workers Compensation Injury 52

AMAXX

JANUARY 6, 2025

When embarking on the journey to master workers compensation, the road is well-traveled and marked by proven strategies. Our three components to achieve workers comp mastery are: Framework , Employer Controls , and External Controls. Workers compensation programs are multifaceted, and leaders often struggle to prioritize.

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Workers Comp Building Workers Compensation Compensation 105

AMAXX

FEBRUARY 18, 2025

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Each classification is assigned a code, which corresponds to a certain level of risk associated with that type of work. The higher the risk, the higher the workers compensation premium for that classification.

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Workers Compensation Compensation Workers Comp Premium 103

AMAXX

FEBRUARY 10, 2025

FREE DOWNLOAD: “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Perception of Risk Thispersonhasnot.Theyhavethey’rethey’rethey’renotthey’renotpayingtheirbillsastimely,whichisjustaperceptionofthatrisk.

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Workers Comp Risk Workers Compensation Premium 66

AMAXX

JULY 30, 2024

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. and why are we gonna try to get this risk up because you’re saying, hey. So let’s talk about this.

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Workers Comp Risk Workers Compensation Injury 64

AMAXX

SEPTEMBER 9, 2024

Employers utilizing these strategies can significantly reduce workers’ compensation expenses, improve claim outcomes, and enhance their overall risk management processes. He is co-author of the #1 selling comprehensive training guide “Your Ultimate Guide to Mastering Workers’ Comp Costs: Reduce Costs 20% to 50%.”

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Workers Comp Injury Compensation Claim 102

AMAXX

FEBRUARY 24, 2025

Shall we touch base about this on our regular risk management conference call? He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. Ask the following: Do you have any suggestions for when we should use nurses and what types of claims?

Workers Compensation 66

Workers Compensation Compensation Workers Comp Claim 66

AMAXX

MARCH 4, 2025

Workers who believe their jobs are at risk may delay their recovery, experience heightened stress, and ultimately cost their employers more in claims expenses due to prolonged disability or legal fees. FREE DOWNLOAD: “9-Element Blueprint To Create Your Workers’ Comp Employee Brochure” 5.

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Workers Compensation Compensation Claim Workers Comp 82

AMAXX

MAY 27, 2025

Increased Litigation Risk The National Council on Compensation Insurance (NCCI) found that as lag time increases, so does the rate of attorney involvement : Claims reported immediately had a 12.8% He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%.

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Claim Workers Comp Injury Workers Compensation 71

Central Insurance

OCTOBER 28, 2024

Learn more about the key pool contractor insurance policies, from liability to Workers' Comp, to protect against risks and ensure business success. The post Pool Contractor Insurance: The Five Policies You Need for Your Business appeared first on Central Insurance Blog.

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AMAXX

DECEMBER 19, 2024

In the workers compensation realm, these small steps can have tangible impacts: Earlier Injury Reporting: When employees feel safe to report injuries without fear of retribution, claims can be addressed promptly, reducing medical costs and litigation risks.

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Workers Comp Workers Compensation Injury Compensation 98

AMAXX

FEBRUARY 18, 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.

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Workers Comp Injury Workers Compensation Compensation 91

AMAXX

MAY 6, 2025

A lack of structured onboarding is a silent contributor to workplace accidents, workers comp claims, and high turnover. The Data Doesnt Lie: First-Year Employees Are at Highest Risk According to data cited in Workers Comp Mastery Training , nearly 35% of all workplace injuries occur in an employees first year.

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Injury Workers Comp Workers Compensation Claim 59

AMAXX

MARCH 17, 2025

How Incentives Shape Behavior in Workers Comp Incentivesboth financial and non-financialare at the heart of many workers’ comp challenges. View workers compensation as an adversarial process. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center.

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Workers Comp Workers Compensation Injury Compensation 66

Zywave

JUNE 10, 2025

Read more > Rating & Underwriting Risk Back Rating & Underwriting Risk ClarionDoor A Modern API-Driven Rating Administration Platform Featured Story Zywave’s Digital Distribution Suite – ClarionDoor has been recognized as a Luminary in the Celent Report for Insurer Stand-Alone Rating Engines – Global Edition.

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Cyber Risk General Liability Liability 52

AMAXX

FEBRUARY 10, 2025

Just as the Eagles didnt let distractions get in their way, companies cant afford to ignore how their leadership shapes workers comp outcomes. This mirrors the Eagles’ game plan execution staying focused on fundamentals and eliminating unnecessary risks.

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Injury Workers Comp Workers Compensation Claim 66

AMAXX

JANUARY 13, 2025

Lets explore the roles of these critical players in a workers’ compensation system. Insurance Company: The Risk Bearer Often referred to as the underwriter, insurer, or carrier, the insurance company provides the workers’ compensation policy and assumes the employers risk.

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Workers Compensation Compensation Workers Comp Broker-Agent 98

AMAXX

FEBRUARY 24, 2025

Non-Medical Professionals (Risk Managers, Adjusters, Employers) For risk managers and claims adjusters, EBM provides an objective framework for managing claims. 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 Compensation 66

Workers Compensation Compensation Workers Comp Injury 66

AMAXX

JANUARY 14, 2025

Workers’ compensation programs are a cornerstone of workplace safety and risk management. For employers , it mitigates the risk of expensive and protracted litigation that could arise from workplace injuries. Employer Advantages The exclusivity rule saves employers from significant financial and reputational risks.

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Workers Compensation Compensation Workers Comp Injury 98

AMAXX

MARCH 4, 2025

Strategic Shift: View OSHA compliance not just as risk management but as a differentiator that sets your business apart. 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%.

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Workers Comp Workers Compensation Injury Compensation 71

Simply Insurance

JUNE 12, 2025

Landlord insurance is worth it as a landlord to mitigate your risk and protect yourself from financial loss. And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose.

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Simply Insurance

JUNE 11, 2025

Landlord insurance is worth it as a landlord to mitigate your risk and protect yourself from financial loss. And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose.

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Insurance Quotes Life Insurance Insured Insurance 86

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk.

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Workers Compensation Liability Property Damage Inland Marine Insurance 52