The most important date of the year to control workers’comp costs
While many employers focus on Workers' Comp close to the renewal date, this is not the opportune time to control costs. It’s the valuation date, which is the day that the insurance company sends your claim information to the workers...
Continue Reading13 costly mistakes employers make on Worker Comp audits
At the Institute of WorkComp Professionals (IWCP) we have found that approximately 75 percent of audits have errors that result in overcharges. This figure is even more alarming when you realize that employers are responsible for most mistakes because they...
Continue ReadingHere’s what workers are saying about the workers comp system on social media
Social media sites are increasingly used by the public as a source of information for medical issues, legal advice, and employer concerns and work comp is no exception. Redditt is a popular platform that workers turn to for work comp...
Continue ReadingFive dangers of ignoring Workers’ Comp because rates are low
There has likely never been a time when workers’ compensation insurance has been less expensive than it is now. For example, in 1994, employers constructing single-family homes in Florida paid a rate of $32.89 per $100 of payroll. In 2023,...
Continue ReadingEmployers Need a Policy Before Adopting the Use of AI Tools in HR
According to a survey by the Society for Human Resource Management, roughly 79 percent of employers use some form of AI in the recruitment and hiring process. In its AI in the Workplace Survey Report, Littler, an employment and labor...
Continue ReadingOSHA’s New Record Keeping Rule is not Business as Usual: Six Reasons to Consult with Your Advisor Now
Although compliance with OSHA’s injury and illness recordkeeping and reporting rule always has been challenging, it’s never more critical to get it right. The sweeping changes made to the rule in July 2023 significantly increases the number of establishments affected,...
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