AMAXX

JANUARY 14, 2025

Workers compensation provides a structured approach to managing the costs associated with employee accidents and work-related illnesses. Predictability in Costs Workers compensation insurance can transfer a portion of the financial risk associated with workplace injuries to the insurance company.

Workers Compensation 67

Workers Compensation Compensation Workers Comp Injury 67

Word & Brown

DECEMBER 11, 2024

Policies with shorter maximum benefit periods typically have lower premiums. State STD vs. Voluntary The California State Disability Insurance (SDI) program provides short-term and Paid Family Leave (PFL) to eligible workers when off work due to a non-work-related illness or injury, pregnancy, or childbirth.

Workers Compensation 52

Workers Compensation Injury Insured Insurer 52

Risk Management Monitor

DECEMBER 20, 2022

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.

Workers Comp 40

Workers Comp Workers Compensation Compensation Claim 40

LexisNexis

NOVEMBER 8, 2024

Colorado: Colorado’s HB24-1220 bill, which was signed into law on June 4, 2024, requires workers’ compensation insurers to pay benefits to claimants by direct deposit if requested. The insurance company or self-insured entity must honor the request. The cap has been increased from $10,000 to $25,000.

Workers Compensation 40

Workers Compensation Compensation Injury Claim 40