Remove Insurance Broker Remove Protection Remove Workers Compensation Insurance
article thumbnail

Understanding the Two Primary Benefits of Workers’ Compensation for Employers

AMAXX

Exclusivity: Protection Against Lawsuits One of the most significant benefits of workers compensation for employers is the exclusive remedy provision. 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.

article thumbnail

Crash Course in Work Comp Motor Vehicle Accidents

AMAXX

As a general rule, workers compensation insurance is the primary insurance, which requires the claim team to investigate and make determinations regarding compensability and subrogation rights. These sensors only deploy corresponding airbags to protect the vehicle occupants (front, side, or head curtain airbags).

Insiders

Sign Up for our Newsletter

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

article thumbnail

Increase Your Commissions by Selling Disability Insurance

Word & Brown

Some insurers offer Short-Term Disability (STD) coverage. Others offer Long-Term Disability (LTD) insurance. Shorter-term protection typically pays between 40% and 70% of a persons base salary for three to six months. Disabilities that could last longer than a year may be covered by LTD insurance. Some offer both.

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? Nevada followed in 1913.

article thumbnail

Blog Post: Frequently Asked Questions on Complex Employment Issues for California Workers’ Compensation

LexisNexis

The subcontractor does not have a contractor’s license nor workers’ compensation insurance. Does the general contractor have liability for the injured worker’s workers’ compensation benefits? Insurance Code section 11663 provides that liability for workers’ compensation insurance follows payroll.

article thumbnail

Blog Post: Herlick, California Workers’ Compensation Handbook: 2024 Developments

LexisNexis

Since 2020, many workers’ compensation stakeholders have changed their operational models. Large numbers of insurance brokers, employer HR departments, insurance and TPA claims departments, attorneys, and other companies servicing the workers’ compensation industry shifted to a remote work model.