Overexertion Accounts For More Than 25% Of The Top Ten Injury Costs: Liberty Mutual
Produced annually, the Liberty Mutual Workplace Safety Index identifies the leading causes of the most disabling workplace injuries (resulting in six or more days of lost time) and ranks them by total Workers’ Compensation costs....
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What to expect in 2018?
In today’s fast-moving business environment and volatile political atmosphere, nothing stays the same for very long, including Workers’ Compensation. Here are 18 ongoing trends and emerging issues to watch in 2018. Comp rates continue downward...
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Delays In Reporting Claims Can Increase Costs By Over 50%: Study
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...
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Eight Costly Communication Mistakes Employers Make
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,...
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Lawyers Say Workers’ Comp Retaliation Claims Are Increasing
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...
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How To Avoid A Spike In Slip And Fall Claims During Harsh Winters
Ice and snow-related slip and fall workers’ comp claims nearly doubled and represented one-third of claims involving time away from work last year in the Midwest area, which had a particularly harsh winter. In five...
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