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Understanding Classification Rules in Workers’ Compensation

AMAXX

Classification rules are guidelines used by rating bureaus and insurance companies to categorize businesses based on the type of work they perform. The higher the risk, the higher the workers compensation premium for that classification. Instead of dreading these audits, be proactive in your approach.

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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. Claims Reporting Policy : Require employees to report injuries within a specific timeframe (e.g.,

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

AMAXX

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.

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Insurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law

Insurance Journal

A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workerscompensation and personal injury lawsuits backed by complicit lawyers and medical providers.

Injury 299
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Fake Construction Site Injuries Reaching New Heights in New York City, Suit Says

Insurance Journal

Contractors insurance groups say worker injuries are being faked at an unprecedented rate across New York’s construction sites in hopes of receiving workerscompensation benefits and liability insurance payouts, according to court filings and an ABC News report. Worker advocates …

Injury 288
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Insurers Entitled to Second Injury Fund Payments Even If No Longer Writing in State

Insurance Journal

A workerscompensation insurer is entitled to continue to receive reimbursements from the Massachusetts second injury fund even after it stops writing business in the state, the state’s high court has ruled in an opinion reversing itself on the issue.

Injury 277
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The Case for Injury Duration Guidelines in Modern Workers’ Comp Programs

AMAXX

One of the most effective tools in this endeavor is the use of Injury Duration Guidelines. What Are Injury Duration Guidelines? Injury Duration Guidelines provide evidence-based timelines for recovery from workplace injuries and illnesses. Why Do Injury Duration Guidelines Matter?