As Certified WorkComp Advisors (CWCA), we are trained, certified, and mentored by the Institute of WorkComp Professionals (IWCP) to guide employers to the lowest possible workers’ comp costs. Kevin Ring, Chief Operations Officer and Lead Workers Comp Analyst of IWCP recently reported on a consequential pattern that is emerging from Workers’ Compensation audits across the […]
Even the best-intentioned employers find the constantly changing federal OSHA guidance on COVID-19 unnerving. For example, consider the decision whether to report an employee’s hospitalization or death due to COVID-19, which was addressed with different guidance in April, May, July, and, most recently, October (see OSHA watch). Moreover, few citations were issued in the Spring […]
It is a time like no other for insurance renewals. The COVID-19 pandemic and the resulting economic fallout have upended the decades-long certainty within the workers’ compensation market that let employers reap the benefits of a soft market. Steep declines in premiums as a result of historic unemployment and falling payrolls suppressed investment returns from […]
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UPDATE 3/30/20: Federal Law Alert COVID-19: April 1 Effective Date for FFCRA Leaves On Tuesday, March 24, the Department of Labor (DOL) announced that the effective date of the leaves available through the Families First Coronavirus Response Act (FFCRA) will be April 1, 2020. Based on the language in the bill, the effective date was […]
While an IRS audit strikes fear in the hearts of business owners, a Workers’ Compensation premium audit is considered routine. Yet, there is a very good chance that it can result in higher charges, particularly if you are not adequately prepared. Clerical errors, incorrect classifications, and miscalculations often lead to overcharges. There are two important […]
The Institute’s Leader Workers’ Compensation Analyst, Kevin Ring, was featured on the December 18th episode of the Connected Insurance Podcast, produced by Agency Revolution. In this conversation, Kevin discusses strategies that are working today to get employers excited about workers’ compensation, despite drastically falling rates. Check it out here.
In a standard interpretation https://www.osha.gov/laws-regs/standardinterpretations/2019-07-11 issued earlier this year, OSHA answered the question: Are online training programs acceptable for compliance with OSHA’s worker training requirements? Interestingly, this standard interpretation is very similar in wording to one issued 25 years ago. While the agency acknowledges that online training is a useful component of an overall training […]
The Labor Department estimates that the new overtime rule, which takes effect January 1, 2020, will affect 1.3 million workers. The new rule raises the minimum salary threshold from $455 per workweek to $684 per workweek. This means that salaried workers who earn less than $35,568 per year will be eligible for time-and-a-half overtime pay […]
For the ninth consecutive year, Fall Protection – General Requirements is the most frequently cited standard, OSHA announced at the 2019 National Safety Council Congress & Expo. The rest of the preliminary list of the Top 10 violations for fiscal year 2019 also remained largely unchanged from FY 2018, with one minor change. Lockout/Tagout, which […]
