7 Secrets that Cost Your Client a Bundle on their Workers' Comp

Classification: The Foundation of Workers’ Compensation For the Construction Industry
Kevin Ring 1 year, 22 days ago

Whether you’re an insurance professional, an employer or “the person in charge of insurance,” it’s often difficult to get your arms around Workers’ Compensation. It’s complex and fraught with so many “moving parts” you can almost be certain that what...

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OSHA update: Electronic record keeping, regulatory agenda, combustible dust, noise in construction
Webmaster 1 year, 1 month ago

OSHA’s Injury Tracking Application Injury Reporting is now available allowing employers to electronically enter their required 2016 injury and illness data from Form 300A. The Improve Track of Workplace Injuries and Illnesses final rule went into effect Jan. 1 with an initial compliance deadline...

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Lower Job Classifications Mean Lower Premiums
Webmaster 1 year, 1 month ago

To keep their premiums at the lowest cost each year, it’s not unusual for businesses to seek job classifications with lower ratings. Workers’ Compensation guru, David Leng, explains in his book, Stop Being Frustrated and Overcharged Year After Year by...

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Delays In Reporting Claims Can Increase Costs By Over 50%: Study
Webmaster 1 year, 1 month ago

One of the overarching principles of workers’ comp cost control is early reporting and intervention. About fifteen years ago, a groundbreaking study by the Hartford Financial Services Group found that injuries reported between the 4th and 5th week following an...

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Lawyers Say Workers’ Comp Retaliation Claims Are Increasing
Webmaster 1 year, 2 months ago

According to an article in Business Insurance (September 14, 2015), injured employees are more likely to win retaliation claims because comp cases have a lower burden of proof and there is empathy for the injured worker. It is not only...

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Eight Costly Communication Mistakes Employers Make
Webmaster 1 year, 3 months ago

Communication is an essential element in realizing business profitability, and managing workers’ comp costs is no exception. When communication suffers and an employee’s injuries are not properly managed, the experience mod goes up, premiums increase, and profits plummet. The sad...

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