Institute of WorkComp Professionals

The Press Room

Actionable insights for Agents and Employers.
Explore decades of expertise on lowering costs, fixing audits, and mastering the process.

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

Shifting Injury Trends by Industry

1 year, 7 months ago | Uncategorized

Transportation and warehousing At the National Council on Compensation Insurance’s (NCCI) annual symposium, it was reported that “Most industries show consistent and steady declines in claim frequency. However, claim frequency increased in the transportation and...

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The most important date of the year to control workers’comp costs

1 year, 8 months ago | Uncategorized

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...

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13 costly mistakes employers make on Worker Comp audits

1 year, 10 months ago | Uncategorized

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...

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Here’s what workers are saying about the workers comp system on social media

1 year, 11 months ago | Uncategorized

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...

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Five dangers of ignoring Workers’ Comp because rates are low

2 years, 20 days ago | Uncategorized

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...

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Employers Need a Policy Before Adopting the Use of AI Tools in HR

2 years, 1 month ago | Uncategorized

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,...

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