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Switzerland Workers’ Compensation and Employers’ Liability

Top Insurance Blogs

You are here because you want to learn how workerscompensation and employers’ liability work in Switzerland. Definition of WorkersCompensation Workerscompensation is a […] The post Switzerland WorkersCompensation and Employers’ Liability appeared first on My Top Insurance Blogs.

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Delaware’s Workers’ Compensation Claims Cost Grew 3% a Year: WCRI

Insurance Journal

The average cost of workerscompensation claims in Delaware, for cases with more than seven days of lost work, went up by 3% per year between 2019 and 2022, according to a new study from the Workers Compensation Research Institute …

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Understanding Classification Rules in Workers’ Compensation

AMAXX

The higher the risk, the higher the workers compensation premium for that classification. These rules are established by rating organizations like the National Council on Compensation Insurance (NCCI) in most states, though some states have their own rating bureaus.

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Oklahoma Workers’ Compensation Commission Votes to Reduce MITF Assessment

Insurance Journal

The Oklahoma WorkersCompensation Commission announced that it voted this spring to reduce the Multiple Injury Trust Fund assessment on workerscompensation coverage providers from 7% to 6.29%. This is the first reduction in five years, the WCC said. The …

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Demystifying Evidence-Based Medicine in Workers’ Compensation

AMAXX

By demystifying EBM, workerscompensation stakeholders are better equipped to provide effective, informed care that facilitates quicker recovery and improved cost management. 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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How Fear Impacts Workers’ Compensation Claims (and What to Do About It)

AMAXX

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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Mistake: Accepting Every Workers’ Compensation Claim

AMAXX

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.