Distinguished

JULY 9, 2025

At Distinguished, we’ve built a flexible, agent-friendly Surety Bond Program that covers both commercial and contract surety needs, with high capacity, fast approvals, and the underwriting expertise to handle everything from standard requests to complex accounts. However, we do not typically underwrite small, one-off bonds.

Agents

AMAXX

MARCH 24, 2025

However, the insurers underwriter reviews this assignment to confirm its appropriateness and may suggest alternative classifications if discrepancies or better-fitting categories exist. If the underwriter identifies a different classification as more suitable, they notify the broker and employer.

Workers Comp

Healthinsurance.org

MAY 16, 2025

Excepted benefits include coverage such as workers compensation, fixed-indemnity plans, accident insurance, and critical illness plans. 17 Mental health parity rules do not apply to short-term plans or excepted benefits coverage. 19 20 How did the Affordable Care Act expand coverage of mental health care?

Out-Of-Pocket

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

Triple-I: Workers Compensation

JUNE 25, 2025

policy actions was a major concern for thought leaders on the “Economics, Underwriting, and Geopolitics” panel at Triple-I’s Joint Industry Forum in Chicago. Concern about using AI in underwriting, Schmid said, given an absence of AI regulatory guidance, which does not exist federally and is set to be blocked on a state level.

Policy

Insurance Journal

OCTOBER 14, 2024

In the complex world of Workers’ Compensation and General Liability (GL) insurance, underwriters face the challenge of managing diverse carrier systems while ensuring compliance and maintaining efficiency. This post is part of a series sponsored by Selectsys. To overcome these …

Underwriter

Insurance Journal

APRIL 13, 2025

Hansen, senior vice president underwriting at Preferred Employers, has been re-elected as chair of the California Workers’ Compensation Institute board of directors for 2025. Hansen was first elected to CWCI’s Board in 2014, has been a member …

Workers Compensation

AMAXX

JANUARY 13, 2025

Navigating workers’ compensation can be complex, with various parties working together to ensure effective claims management and cost containment. Lets explore the roles of these critical players in a workers’ compensation system. Their expertise enhances the efficiency and accuracy of the claims process.

Workers Compensation

Insurance Journal

JUNE 19, 2025

A New York specialty insurance managing underwriter for contractors and construction risks has sued a New York City personal injury law firm and dozens of medical providers, alleging a wide-ranging scheme to defraud insurers through staged construction accidents and fraudulent …

Injury

AMAXX

SEPTEMBER 23, 2024

These metrics are fundamental in determining the experience modification factor (often called “mod”), which ultimately influences the cost an employer will pay for workers’ compensation insurance. This repeated exposure to risk increases the likelihood that larger claims might occur in the future, which alarms underwriters.

Workers Compensation

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. Much of the overall underwriting gain was due to growth in personal lines net premiums written. represented a 2.3-points

Commercial

Insurance Journal

JANUARY 9, 2025

The high court found that Hartford Underwriters Insurance Co. The New Jersey Supreme Court recently ruled that an insurer had no duty to defend an insured employer against an injured employee’s personal injury lawsuit alleging negligence and intentional harm. was …

Injury

LexisNexis

OCTOBER 8, 2024

COMPLEX EMPLOYMENT ISSUES FOR CALIFORNIA WORKERS' COMPENSATION A new softbound supplement to Rassp & Herlick, California Workers’ Compensation Law 284 pages PIN #0006801214509 For current pricing and to order, call 800-543-6862. What constitutes an independent contractor?

Workers Compensation

Triple-I: Business Insurance

AUGUST 11, 2022

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 A combined ratio below 100 represents an underwriting profit, and a ratio above 100 represents a loss. for 2022, up 1.2 They presented their findings at a Triple-I members-only virtual webinar.

Underwriter

Triple-I: Workers Compensation

FEBRUARY 10, 2022

Despite early “dire estimates” of how the COVID-19 pandemic might affect the workers compensation insurance sector, the system has proved to be resilient, according to Bill Donnell, president and CEO of the National Council on Compensation Insurance (NCCI). It’s a resilient system,” he said.

Workers Comp

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. Say that again.

Workers Comp

Triple-I: Workers Compensation

SEPTEMBER 23, 2022

Max Dorfman, Research Writer, Triple-I The workers compensation field is “responding and adapting remarkably well to economic changes,” according to Donna Glenn , chief actuary, National Council on Compensation Insurance (NCCI). This includes seven years of underwriting profitability.

Workers Comp

LexisNexis

JANUARY 9, 2025

Oakland, CA The Board of Directors of the California Workers Compensation Institute (CWCI) has named the Institutes Chief Operating Officer, Gideon L. Baum, to succeed Alex Swedlow when he retires next summer as President of the Oakland-based research and educational organization. We thank him for his decades of remarkable service.

Workers Compensation

American Agents Alliance

SEPTEMBER 6, 2024

As part of NSM’s best-in-class insurance programs, they deliver unparalleled niche underwriting expertise, superior customer service and specialized claims handling. With A+ rated carriers, dedicated underwriters and in-house claims team, NSM makes an agent’s job easier. AllComp also offers upfront commissions to agents.

Workers Compensation

Risk Management Monitor

SEPTEMBER 21, 2021

The claims review should be designed to account for how frequency and severity may affect underwriting decisions so that the policyholder can move toward its coverage objectives. As a result, within about two years, the program cut the manufacturer’s workers compensation loss ratio roughly in half.

Claim

LexisNexis

JULY 8, 2025

Political Risk Insurance: Fundamentals Learn about the nature of PRI, its variations, what and who is insured under it, underwriting issues, coverage triggers, exclusions, exceptions, benefits available, and how and from whom PRI may be obtained. borrower and guarantees or security interests granted by non-U.S. loan parties. loan parties.

Risk

Triple-I: Workers Compensation

APRIL 20, 2021

“There are upwards of 30 surplus lines carriers and several managing general underwriters that currently service the cannabis industry across many lines of coverage,” the National Law Review reports. Does workers compensation cover a workplace accident in which the injured employee tested positive for marijuana?

Risk

Triple-I: Workers Compensation

MARCH 21, 2023

The lines of coverage written typically are those with more predictable losses, such as workers compensation, general liability, and automobile liability and physical damage.” “Each owner makes a modest initial capital contribution,” states the paper, Group Captives: An Opportunity to Lower Cost of Risk.

Workers Compensation

Scott Insurance

APRIL 21, 2020

Material Change in Risk Manufacturers & Distributors should prepare for the possibility of increased underwriting scrutiny. Insureds should expect that more information will be required during the underwriting process, including customer/supplier contracts and risk control measures.

Risk

LexisNexis

OCTOBER 10, 2024

Rassp, Presiding Judge, WCAB Los Angeles, California Division of Workers’ Compensation Disclaimer: The material and any opinions contained in this article are solely those of the authors and are not the opinions of the Department of Industrial Relations, Division of Workers’ Compensation, or the WCAB, or any other entity or individual.

Workers Compensation

Triple-I: Workers Compensation

JULY 27, 2023

Workers compensation insurance provides for the cost of medical care, rehabilitation, and wage replacement for injured workers and death benefits for the dependents of persons killed in work-related accidents. A combined ratio below 100 represents an underwriting profit, and one above 100 represents a loss.

Workers Comp