Remove Injury Remove Workers Comp Remove Workers Compensation Insurance
article thumbnail

What Is Employers Liability Insurance?

Property Insurance Coverage Law

Employer’s liability insurance protects businesses from lawsuits filed by employees who have suffered a work-related injury or illness.

article thumbnail

Does Your Business Need Workers' Compensation Insurance?

Mark Jackson Insurance Agency

Man Drilling into a Wooden Board by Thijs van der Weide Workers' compensation insurance is a fundamental aspect of running a business, providing vital protection for both employers and employees. This insurance covers medical costs, rehabilitation, and lost wages for employees who are injured or become ill at work.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Drive Sales Growth and Increase Client Satisfaction With Workers’ Comp

Word & Brown

All businesses with workers in California and Nevada are required to have Workers Compensation Insurance. But do you know that Word & Browns partnership with CompNet Insurance Solutions makes it easy for you to offer Workers Comp coverage? What Is Workers Comp?

article thumbnail

Understanding the Two Primary Benefits of Workers’ Compensation for Employers

AMAXX

Workerscompensation programs are a cornerstone of workplace safety and risk management. 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.

article thumbnail

Blog Post: DIR Announces 2025 California Workers’ Comp User Funding Assessment Rates

LexisNexis

Oakland, CA -- The California Department of Industrial Relations (DIR) has issued the 2025 assessments that workerscompensation insurers are required to collect from policyholders to cover the budget of the state Division of WorkersCompensation (DWC) and five related programs set up by state lawmakers.

article thumbnail

Economic Trends Bode Well for Workers Comp, But Emerging Issues Warrant Attention

Triple-I: Workers Compensation

Workers compensation insurance provides for the cost of medical care, rehabilitation, and wage replacement for injured workers and death benefits for the dependents of persons killed in work-related accidents. In 2023, year to date, there have been more than 75.”

article thumbnail

Identifying and Preventing Provider Fraud in Workers Comp Cases

Risk Management Monitor

Claimant fraud and premium fraud are two of the most well-known types of workers compensation fraud. In these cases, a worker may intentionally fake an injury (claimant fraud) or a business owner may misrepresent their employee headcount or incorrectly classify employees to obtain lower insurance premiums.