AMAXX
MARCH 24, 2025
Payroll serves as a primary measure of the employer’s exposure to potential workplace injury and thus significantly impacts premium costs. Accurate payroll accounting reflecting these deductions helps maintain appropriate premium charges aligned with actual exposure to injury risk. However, strict rules apply.
Word & Brown
APRIL 1, 2025
Individual Health Insurance Tax Deductibility If you offer individual health insurance to your clients, they may be able to include their health insurance premiums in their medical expense calculation on their taxes. Other health care-related expenses may also be deductible for your clients, depending on their incomes.
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AMAXX
JANUARY 14, 2025
While their primary purpose is to ensure employees receive medical and wage replacement benefits for work-related injuries, they also offer critical advantages to employers. Under this system, employees who accept workers compensation benefits for a work-related injury or illness forfeit the right to sue their employer for negligence.
Freeway Insurance
JANUARY 3, 2025
On January 1, 2025, California raised its minimum liability insurance requirements, nearly doubling the mandatory coverage for bodily injury and property damage. Increase Your Deductible : Opting for a higher deductible can lower your monthly premium. Be sure to ask about all available discounts to reduce your overall premium.
Distinguished
APRIL 21, 2025
General liability: Protects against tenant or visitor injuries, legal claims, and medical expenses. Deductible choices: Opting for a lower deductible increases premiums, while a higher deductible can reduce annual costs. Loss of rental income: Replaces rental income if a covered event makes the property uninhabitable.
AMAXX
JULY 30, 2024
And this is by documentation, by risk control systems, by your return to work plans, by your completed first reports of injury, by your injury reports, etcetera, your communication, your protocols, how you’re doing it, what’s your system, why is your mod, you know, at a 1.7, Contact: mstack@reduceyourworkerscomp.com.
Risk Management Monitor
SEPTEMBER 21, 2021
Another company may have an unusually high experience modification rate that they want to bring down by reducing the frequency of worker injuries. For instance, frequent third-party claims for premises liability may have led to restrictions on Med Pay coverage or a higher deductible to give the customer a bigger stake in safety measures.
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