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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.

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Understanding the Two Primary Benefits of Workers’ Compensation for Employers

AMAXX

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.

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

LexisNexis

If the PEO’s insurance company is paying benefits, there is no need to join the servicing agent or special employer. If a PEO or employee leasing company claims to be self-insured, investigate that claim. The subcontractor does not have a contractor’s license nor workers’ compensation insurance.

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Increase Your Commissions by Selling Disability Insurance

Word & Brown

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. Work-related disability is covered by Workers Compensation insurance.

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Identifying and Preventing Provider Fraud in Workers Comp Cases

Risk Management Monitor

Workers compensation insurance provider fraud has become a multi-billion-dollar industry that is bad for business. It is costly for insurance companies to identify and prosecute, it inflates costs for goods and services that honest business owners rely on, and it stokes consumer apathy and distrust in the insurance system.

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Blog Post: Workers’ Compensation Emerging Issues Analysis: The Changing Workforce and Workplace

LexisNexis

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.