Remove Claim Remove Compensation Remove Workers Compensation
article thumbnail

Delaware’s Workers’ Compensation Claims Cost Grew 3% a Year: WCRI

Insurance Journal

The average cost of workerscompensation claims in Delaware, for cases with more than seven days of lost work, went up by 3% per year between 2019 and 2022, according to a new study from the Workers Compensation Research Institute …

article thumbnail

Understanding Classification Rules in Workers’ Compensation

AMAXX

When it comes to managing workerscompensation, understanding classification rules is fundamental. The higher the risk, the higher the workers compensation premium for that classification. Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mistake: Accepting Every Workers’ Compensation Claim

AMAXX

Many companies operate under an unwritten rule: accept every workers compensation claim, no questions asked. A well-managed workers compensation program should pay 100% of legitimate claimsand 0% of the claims that arent. Employers must have a structured approach for evaluating claims.

article thumbnail

Student-on-Employee Workers’ Compensation Assault Claims Drop: Gallagher Basset

Insurance Journal

The number of workerscompensation claims for student-on-school-employee assault dropped significantly during the 2023-24 school year, according to data from Gallagher Basset. This change comes after two years of increasing claims following the 2020-21 school year. Citing client numbers covering …

article thumbnail

Court Must Decide If Child Victims Act Revives Old Workers’ Compensation Claims

Insurance Journal

Did New York lawmakers intend the Child Victims Act (CVA) that revived old claims of sexual abuse to apply to claims by employees that would previously have been handled by the workerscompensation system? It’s the responsibility of the state’s …

article thumbnail

How Fear Impacts Workers’ Compensation Claims (and What to Do About It)

AMAXX

However, for many workers, an overwhelming fear of losing their jobs adds unnecessary stress to an already difficult situation. Research has shown that fear of being fired is one of the top predictors of negative claim outcomes, including increased litigation rates and extended time off work. Heres how: 1.

article thumbnail

County Trash Collector’s Workers’ Compensation Claim Thrown Out

Insurance Journal

When the garbage truck stopped, the worker stepped down from the metal step on the back of the truck to run and retrieve a trash can. When his feet hit the ground, he heard a pop in his leg, felt …