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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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Understanding the Key Parties in Workers’ Compensation

AMAXX

Navigating workerscompensation can be complex, with various parties working together to ensure effective claims management and cost containment. Lets explore the roles of these critical players in a workerscompensation system. Their expertise enhances the efficiency and accuracy of the claims process.

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Blog Post: The Causal Effect of Attorney Representation on Workers’ Compensation Payments

LexisNexis

By Christopher Mahon, LexisNexis Legal Insights Contributing Author A September 2024 study from the Workers Compensation Research Institute indicates that workers represented by an attorney in workers compensation claims receive substantially more payments than workers who are not represented by an attorney.

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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.

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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 workerscompensation premium for that classification. Instead of dreading these audits, be proactive in your approach.

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

LexisNexis

Rassp, Presiding Judge, WCAB Los Angeles, California Division of WorkersCompensation Disclaimer: The material and any opinions contained in this article are solely those of the authors and are not the opinions of the Department of Industrial Relations, Division of WorkersCompensation, or the WCAB, or any other entity or individual.

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HEMIC in Hawaii Issuing $5 Million Dividend to Policyholders

Insurance Journal

Hawaii Employers’ Mutual Insurance Company Inc. is giving policyholders the largest dividend in the workerscompensation carrier’s history. The company credits HEMIC’s steady growth and policyholder …