Insurance Journal

OCTOBER 31, 2024

New York employers will pay 22% less in the annual assessment to run the state’s workers’ compensation system in 2025. The rate assessed on standard premiums will be 7.1% beginning January 1, 2025, down from 9.2% The Hochul …

Workers Compensation 264

Workers Compensation Compensation Premium 264

Insurance Journal

OCTOBER 30, 2024

New Jersey Commissioner of Banking and Insurance Justin Zimmerman has approved a 6.9% statewide average decrease in rates for workers’ compensation and employers’ liability insurance. The new rates will apply to new and renewal policies effective January 1, 2025. The …

Workers Compensation 260

Workers Compensation Compensation Liability Insurance Liability 260

Insurance Journal

OCTOBER 29, 2024

New Jersey Commissioner of Banking and Insurance Justin Zimmerman has approved a 6.9% statewide average decrease in rates for workers’ compensation and employers’ liability insurance. The new rates will apply to new and renewal policies effective January 1, 2025. The …

Workers Compensation 258

Workers Compensation Compensation Liability Insurance Liability 258

Insurance Journal

DECEMBER 9, 2024

New York Governor Kathy Hochul has signed legislation to expand workers’ compensation benefits to people who are facing job-related mental health crises. The new law, which goes into effect January 1, 2025, allows any worker to file for workers’ compensation …

Workers Compensation 264

Workers Compensation Compensation 264

Insurance Journal

JANUARY 8, 2025

Not all accidents are compensable merely because they happen at work, the Virginia Workers’ Compensation Commission (WCC) reminded in denying workers’ compensation benefits to a school bus driver for an injury that happened while he was simply walking from his …

Workers Compensation 246

Workers Compensation Compensation Injury 246

Insurance Journal

NOVEMBER 21, 2024

The trend of decreasing rates in Connecticut workers’ compensation insurance will continue as the state’s insurance regulator has approved an industry proposed 6% rate decrease beginning January 1, 2025. The now-approved rate filing submitted by the industry’s National Council on …

Workers Compensation 246

Workers Compensation Compensation Insurer Insurance 246

Insurance Journal

JULY 21, 2024

Postal Service employee in Delaware who defrauded taxpayers of almost $100,000 in workers’ compensation benefits has been sentenced to probation. Lakisha Hines was sentenced Thursday after pleading guilty in March to one count of federal employee compensation …

Workers Compensation 258

Workers Compensation Compensation 258

Insurance Journal

NOVEMBER 17, 2024

Delaware Insurance Commissioner Trinidad Navarro announced that workers’ compensation insurance rates will decrease for the eighth year in a row, effective December 1. The voluntary market is expected to decrease average loss costs by 8.4%, and the residual market will …

Workers Compensation 263

Workers Compensation Compensation Insurer Insurance 263

Insurance Journal

SEPTEMBER 5, 2024

The New Hampshire Insurance Department (NHID) reports that it has approved a workers’ compensation rate proposal that will reduce voluntary loss costs by 5.6% on average. The new lower rates will apply to voluntary market policies effective on or after …

Workers Compensation 255

Workers Compensation Compensation Policy Insurer 255

Insurance Journal

JULY 16, 2024

An Amazon distribution center worker in Virginia whose job entailed repetitive lifting and stowing of items every day and who suffered rotator cuff tears has been denied workers’ compensation benefits because she failed to prove her injury resulted from an …

Workers Compensation 264

Workers Compensation Compensation Injury 264

Insurance Journal

AUGUST 8, 2024

The number of workers’ compensation 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 …

Workers Compensation 254

Workers Compensation Compensation Claim Risk 254

AMAXX

MARCH 4, 2025

By understanding the role fear plays in workers compensation claims, employers can implement strategies to foster trust, improve outcomes, and reduce costs. The Link Between Fear and Litigation Studies have consistently identified fear as a major driver of workers compensation litigation. All state laws vary.

Workers Compensation 82

Workers Compensation Compensation Claim Workers Comp 82

Insurance Journal

DECEMBER 12, 2024

loss cost decrease in the workers’ compensation voluntary market along with rate decreases in the assigned risk market, effective April 1, 2025. Virginia has approved a 12.0% The State Corporation Commission (SCC) approved the proposed voluntary loss costs, along with …

Workers Compensation 239

Workers Compensation Compensation Risk Insurance 239

Insurance Journal

JULY 30, 2024

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 workers’ compensation system? It’s the responsibility of the state’s …

Workers Compensation 263

Workers Compensation Compensation Claim 263

Insurance Journal

JANUARY 16, 2025

A Virginia student assistant who suffered injuries in both knees after being kicked 25 times over a period of 11 days is not entitled to workers’ compensation benefits. The Virginia Workers’ Compensation Commission (WCC) upheld a deputy commissioner’s denial of …

Workers Compensation 246

Workers Compensation Compensation Injury Liability 246

Insurance Journal

DECEMBER 11, 2024

A United Parcel Service (UPS) driver who was intoxicated when he crashed his semi-trailer delivery truck has been denied workers’ compensation benefits. Delaware Superior Court Judge Kathleen Vavala last week reversed a state Industrial Accident Board (IAB) ruling that Timothy …

Workers Compensation 246

Workers Compensation Compensation 246

AMAXX

JANUARY 20, 2025

In the intricate landscape of workers’ compensation, the pursuit of optimal outcomes for injured workers is paramount. Employers, insurers, and healthcare providers face a delicate balance: ensuring injured workers receive appropriate care while effectively managing costs and promoting timely return-to-work.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Injury 98

Insurance Journal

FEBRUARY 20, 2025

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 …

Workers Compensation 259

Workers Compensation Compensation Claim Liability 259

Insurance Journal

JANUARY 14, 2025

10, 2025 in federal court in Boston for defrauding the Internal Revenue Service (IRS) and Travelers Insurance Co. A Hopkinton man was sentenced on Jan. over wages he paid to employees of his two construction companies. According to U.S. Attorney …

Workers Compensation 264

Workers Compensation Compensation Insurer Insurance 264

Simply Insurance

MARCH 17, 2025

Workers' compensation insurance rates vary by state due to location, industry risks, and policy coverage. The Hartford is a top choice for workers' compensation insurance due to its competitive pricing and comprehensive coverage. The national average cost is approximately $1,128 per year.

Workers Compensation Insurance 52

Workers Compensation Insurance Workers Compensation Compensation Insurer 52

Insurance Journal

JULY 16, 2024

This post is part of a series sponsored by PCF Insurance Services. Frank Fasano, Director of Sales at ToughComp, a PCF business, shares insight from his years of experience working within industries that experience challenges finding affordable workers’ compensation policies.

Workers Compensation 240

Workers Compensation Compensation Risk Policy 240

AMAXX

FEBRUARY 24, 2025

Evidence-Based Medicine (EBM) plays a critical role in workers compensation, guiding both medical professionals and non-medical stakeholders in making informed decisions about injury treatment, recovery time, and return-to-work strategies. You should consult with your insurance broker, attorney, or qualified professional.

Workers Compensation 66

Workers Compensation Compensation Workers Comp Injury 66

LexisNexis

FEBRUARY 28, 2025

Rassp, Presiding Judge, Los Angeles WCAB Disclaimer: The material and any opinions contained in this article are solely those of the authors and are not the opinions of the Department of Industrial Relations, Division of Workers Compensation, or the WCAB, or any other entity or individual. as in civil actions.

Workers Compensation 73

Workers Compensation Compensation Claim Injury 73

Insurance Journal

NOVEMBER 19, 2024

AM Best has assigned a Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” (Excellent) to Standard and Preferred Insurance Co. of Kew Gardens, New York. The outlook assigned to these ratings is stable. AM Best …

Workers Compensation 239

Workers Compensation Compensation Insurer Insurance 239

Insurance Journal

MARCH 18, 2025

An employee who claims he injured his knee while swinging a club during an employer-sponsored TopGolf event has failed to qualify for workers’ compensation benefits. The Virginia Workers’ Compensation Commission (VWCC) recently upheld the denial of benefits for the injured …

Workers Compensation 162

Workers Compensation Compensation Injury Claim 162

Insurance Journal

APRIL 6, 2025

Maine has approved the insurance industry’s filing that will lower workers’ compensation insurance loss costs an average of 9.6%. The lower loss costs will go into effect for new and renewing policies as of April 1, 2025. According to Superintendent …

Workers Compensation 147

Workers Compensation Compensation Insurance Industry Policy 147

Insurance Journal

APRIL 10, 2025

The Pennsylvania Insurance Department (PID) has approved a workers’ compensation filing with an 8.67% reduction in loss costs. New or renewal policies issued on or after April 1, 2025 will be subject to the new loss costs. Because loss costs …

Workers Compensation 147

Workers Compensation Compensation Policy Insurer 147

Rough Notes

FEBRUARY 28, 2025

Harrington, CPCU If youre allergic to excitement, there are two things you can do: watch grass grow or monitor recent changes in the operating results for workers compensation insurance. Stability in the market brings its own challenges By Joseph S. No news is good news, the saying goes.

Workers Compensation 52

Workers Compensation Compensation Workers Compensation Insurance Commercial 52

Insurance Journal

AUGUST 5, 2024

million workers compensation claims reveals the costliest claims are driven by the most common workplace accidents, according to Travelers 2024 Injury Impact Report. Analysis of 1.2 The data also shows first-year employees are still among those most vulnerable to injury.

Workers Compensation 299

Workers Compensation Claim Injury Compensation 299

AMAXX

FEBRUARY 24, 2025

If you review the insurer’s file notes online and do not see NCM notes, contact the NCM for an update. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. You should consult with your insurance broker, attorney, or qualified professional.

Workers Compensation 66

Workers Compensation Workers Comp Compensation Claim 66

Insurance Journal

SEPTEMBER 30, 2024

Connecticut workers’ compensation insurers are recommending an overall 6.1% reduction in loss costs in the voluntary market and a 6.2% overall reduction in the assigned risk market for next year. If the recommendation is approved, it would mark the eleventh …

Workers Compensation 147

Workers Compensation Compensation Risk Insurer 147

Insurance Journal

FEBRUARY 19, 2025

The Oregon Department of Consumer and Business Services appointed Matt West as administrator of the Workers’ Compensation Division. West has more than 19 years of experience in the workers’ comp industry. He began with the Workers’ Compensation Division in 2003 …

Workers Compensation 147

Workers Compensation Compensation 147

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.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

LexisNexis

FEBRUARY 5, 2025

By Christopher Mahon, LexisNexis Legal Insights Contributing Author A September 2024 study from the Workers Compensation Research Institute indicates that workers represented by an attorney in workers compensation claims receive substantially more payments than workers who are not represented by an attorney.

Workers Compensation 49

Workers Compensation Compensation Injury Claim 49

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.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Injury 98

Insurance Journal

JULY 14, 2024

reduction in workers’ compensation rates–a cut that is almost twice the size of what the insurance industry’s rating bureau proposed in its filing. Massachusetts businesses will see an average 14.6% The lower rates go into effect on July 1, 2024.

Workers Compensation 130

Workers Compensation Compensation Insurance Industry Insurer 130

AMAXX

OCTOBER 15, 2024

One of the most significant challenges for employers today is managing the rising costs of workers’ compensation claims. This post will dive into the two primary reasons why workers’ compensation costs are often higher than they should be, and how employers can take charge of the process to reduce those expenses.

Workers Compensation 105

Workers Compensation Compensation Workers Comp Injury 105