Summit Expands Workers’ Comp Coverage to Illinois
Insurance Journal
DECEMBER 5, 2024
Summit, a regional provider of workers’ compensation insurance services, announced the expansion of its coverage into Illinois.
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Maryland Report Says Many Workers Misclassified, Costing $59M in Workers’ Comp Premiums
Insurance Journal
MARCH 9, 2025
Worker misclassification in Maryland is widespread, leaving thousands of workers without injury protection and depriving insurance companies of more than $58 million in workers’ compensation premiums each year, according to a report from a state task force. Maryland’s Joint Enforcement …
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Understanding Classification Rules in Workers’ Compensation
AMAXX
FEBRUARY 18, 2025
When it comes to managing workers’ compensation, understanding classification rules is fundamental. These rules not only influence the amount you pay in premiums but also help ensure that your company is correctly classified based on the work it performs. This can free up resources for other areas of your business.
Maryland’s Largest Workers Comp Insurer Files for 8% Rate Cut
Insurance Journal
MARCH 3, 2025
Chesapeake Employers’ Insurance Co. has filed for an 8% net rate decrease with the Maryland Insurance Administration (MIA) effective April 1, 2025. The nonprofit company also announced its highest-ever policyholder dividend of $55 million for 2025. It is the eighth …
Understanding the Key Parties in Workers’ Compensation
AMAXX
JANUARY 13, 2025
Navigating workers’ compensation can be complex, with various parties working together to ensure effective claims management and cost containment. Lets explore the roles of these critical players in a workers’ compensation system. Their expertise enhances the efficiency and accuracy of the claims process.
Understanding the Two Primary Benefits of Workers’ Compensation for Employers
AMAXX
JANUARY 14, 2025
Workers’ compensation programs are a cornerstone of workplace safety and risk management. Exclusivity: Protection Against Lawsuits One of the most significant benefits of workers compensation for employers is the exclusive remedy provision.
5 Proven Strategies for Physician Oversight to Contain Workers’ Comp Medical Costs
AMAXX
SEPTEMBER 9, 2024
Medical cost containment is an essential aspect of managing workers’ compensation claims effectively. Employers and insurance companies face the challenge of controlling medical costs while ensuring that injured employees receive the care they need. Proper timing is also essential to avoid unnecessary delays.
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