AMAXX

FEBRUARY 24, 2025

Shall we touch base about this on our regular risk management conference call? He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. Can we get a list of all claims that have NCM assigned?

Workers Compensation 66

Workers Compensation Workers Comp Compensation Claim 66

Insurance Journal

SEPTEMBER 30, 2024

Connecticut workers’ compensation insurers are recommending an overall 6.1% overall reduction in the assigned risk market for next year. reduction in loss costs in the voluntary market and a 6.2% If the recommendation is approved, it would mark the eleventh …

Workers Compensation 147

Workers Compensation Compensation Risk Insurance 147

AMAXX

JANUARY 13, 2025

Lets explore the roles of these critical players in a workers’ compensation system. Insurance Company: The Risk Bearer Often referred to as the underwriter, insurer, or carrier, the insurance company provides the workers’ compensation policy and assumes the employers risk.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

AMAXX

JANUARY 14, 2025

Workers’ compensation programs are a cornerstone of workplace safety and risk management. Exclusivity: Protection Against Lawsuits One of the most significant benefits of workers compensation for employers is the exclusive remedy provision. Lets dive deeper into these aspects.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Injury 98

AMAXX

AUGUST 7, 2024

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Each classification is assigned a code, which corresponds to a certain level of risk associated with that type of work. The higher the risk, the higher the workers’ compensation premium for that classification.

Workers Compensation 102

Workers Compensation Compensation Workers Comp Premium 102

AMAXX

MARCH 18, 2025

Consider the case of Jane, a worker who sustained a severe back injury. She was given a list of four medical providers but found that: Two providers did not accept workers compensation patients. One provider accepted workers compensation but was not taking new patients. Are currently accepting new patients.

Workers Comp 94

Workers Comp Workers Compensation Injury Compensation 94

LexisNexis

FEBRUARY 5, 2025

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.

Workers Compensation 49

Workers Compensation Compensation Injury Claim 49

Insurance Journal

JANUARY 13, 2025

Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal tunnel syndrome, according to two studies the U.S. Department of Agriculture issued on Friday. The findings highlight health concerns for …

Risk 271

Risk Workers Compensation Compensation 271

AMAXX

MARCH 24, 2025

General Exclusions Some roles carry such distinct risks or differ significantly from an employers core operations that they’re classified separately. These employees, known as “general exclusions,” require their payroll to be reported and calculated separately, directly influencing workers compensation premiums.

Workers Comp 104

Workers Comp Premium Workers Compensation Compensation 104

AMAXX

AUGUST 21, 2024

5 Reasons Why Workers’ Compensation Reserves Are Higher Than Expected: 1. The need for surgery often signals more serious injuries, which not only have higher immediate costs but also pose substantial risks for future complications. Is the Cost for the Claim for Life?

Workers Compensation 105

Workers Compensation Compensation Workers Comp Injury 105

AMAXX

OCTOBER 8, 2024

A patient assistant could take over the patient transfer responsibilities, allowing the nurse to continue working without risk of further injury. Examples include volunteering as a reader at a nursing home or helping out at an animal shelter by engaging in light, low-risk activities.

Workers Compensation 104

Workers Compensation Compensation Workers Comp Injury 104

AMAXX

SEPTEMBER 16, 2024

Click Link to Access Free PDF Download “Step-By-Step Process To Master Workers’ Comp In 90 Days” The Importance of a Consistent Post-Injury Response A well-documented and standardized post-injury response plan offers multiple benefits. This includes gathering witness statements and creating an incident report.

Injury 105

Injury Workers Compensation Compensation Workers Comp 105

AMAXX

SEPTEMBER 23, 2024

These metrics are fundamental in determining the experience modification factor (often called “mod”), which ultimately influences the cost an employer will pay for workers’ compensation insurance. This repeated exposure to risk increases the likelihood that larger claims might occur in the future, which alarms underwriters.

Workers Compensation 91

Workers Compensation Premium Compensation Workers Comp 91

AMAXX

OCTOBER 24, 2024

By offering physical therapy as part of a rehabilitation plan, employers can speed up recovery and reduce the risk of long-term disability. This not only benefits the employee but also the employer by reducing workers’ compensation costs and minimizing downtime. What Is Occupational Therapy?

Workers Compensation 105

Workers Compensation Compensation Injury Workers Comp 105

Insurance Journal

JULY 15, 2024

million in fines from the Washington State Department of Labor & Industries for safety violations including allowing workers on top of homes without fall protection. Four Washington roofing companies are facing $1.27 L&I cited and fined Allways Roofing Inc. 345,700 …

Risk 278

Risk Protection Workers Compensation Compensation 278

AMAXX

MARCH 17, 2025

There are elements in your workers compensation program that may be creating challenges without you even realizing it. Drivers of Human Behavior in Workers Compensation The science of human behavior has been studied extensively, and one of the most insightful works on the subject is Drive by Daniel Pink.

Workers Comp 66

Workers Comp Workers Compensation Injury Compensation 66

Insurance Journal

AUGUST 22, 2024

The West Virginia insurance commissioner’s office has adopted a new policy: It will soon begin destroying workers’ compensation claim files that are 10 years old or older. “Given increasing cybersecurity concerns and the type of information contained in the closed …

Workers Comp 279

Workers Comp Cyber Compensation Risk 279

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk.

Workers Compensation 52

Workers Compensation Liability Property Damage Inland Marine Insurance 52

AMAXX

JULY 15, 2024

Stay Informed: Risk managers and HR personnel should stay informed about the workplace environment and maintain open communication with supervisors. He is co-author of the #1 selling comprehensive training guide “Your Ultimate Guide to Mastering Workers’ Comp Costs: Reduce Costs 20% to 50%.”

Workers Compensation 83

Workers Compensation Compensation Claim Workers Comp 83

Simply Insurance

SEPTEMBER 18, 2024

Discover the factors that influence the cost of aviation workers compensation insurance, including coverage options, industry risks, and tips for finding the best rates for your business.

Workers Compensation Insurance 52

Workers Compensation Insurance Workers Compensation Compensation Insurance 52

AMAXX

MARCH 10, 2025

At the same time, companies must navigate various state and federal laws like the Worker Adjustment and Retraining Notification (WARN) Act, which requires advance notice for mass layoffs or plant closures, allowing employees to plan their future employment.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

AMAXX

FEBRUARY 17, 2025

Click Link to Access Free PDF Download “Avoid the 3 Primary Reasons Injured Workers Hire Attorneys” Common Communication Gaps Workers compensation attorneys frequently cite communication breakdowns as the primary reason injured workers seek legal representation.

Workers Comp 66

Workers Comp Claim Workers Compensation Injury 66

LexisNexis

SEPTEMBER 17, 2024

Hamilton, Former Assistant Secretary and Deputy Commissioner, California Workers’ Compensation Appeals Board Over the past several decades California has implemented broad legislative changes aimed at lowering the costs associated with workers’ compensation, especially medical expenditures. Mueller, K.L, Mueller, K.L,

Workers Compensation 74

Workers Compensation Claim Compensation Injury 74

AMAXX

MARCH 24, 2025

Accurate payroll accounting reflecting these deductions helps maintain appropriate premium charges aligned with actual exposure to injury risk. Workers’ compensation relies heavily on correct employer classification to reflect an accurate risk exposure. However, strict rules apply.

Workers Comp 71

Workers Comp Premium Injury Workers Compensation 71

AMAXX

JANUARY 21, 2025

Promoting Recovery Evidence-based timelines ensure that injured workers receive appropriate treatment without unnecessary delays or interventions. By aligning care with proven recovery pathways, these guidelines foster a quicker return to normal activities and reduce the risk of complications or prolonged disability.

Workers Comp 98

Workers Comp Injury Workers Compensation Compensation 98

AMAXX

FEBRUARY 18, 2025

Michael Stack, CEO of Amaxx LLC, is an expert in workers compensation cost containment systems and provides education, training, and consulting to help employers reduce their workers compensation costs by 20% to 50%.

Workers Comp 91

Workers Comp Injury Workers Compensation Compensation 91

Insurance Journal

OCTOBER 16, 2024

Thousands of Massachusetts medical professionals and other employees of troubled hospital operator Steward Health Care are at risk because Steward does not have adequate liability or workers’ compensation coverage in place to protect them after Steward’s exit from the state, …

Compensation 278

Compensation Liability Protection Risk 278

AMAXX

JULY 29, 2024

Claims Management Oversee the workers’ compensation claims process, ensuring timely filing and follow-up. Michael Stack, CEO of Amaxx LLC, is an expert in workers’ compensation cost containment systems and provides education, training, and consulting to help employers reduce their workers’ compensation costs by 20% to 50%.

Workers Compensation 59

Workers Compensation Injury Compensation Workers Comp 59

CDC: Workers Compensation

JUNE 17, 2024

Building strategic partnerships can create solutions to large community safety issues High-risk buildings can be abandoned or condemned structures. Traditionally, managing this risk would involve not entering the building. These buildings pose hazards to firefighters and communities.

Building 95

Building Risk Protection 95

AMAXX

MARCH 4, 2025

By shifting your perspective from compliance-as-burden to compliance-as-advantage, you can leverage OSHA requirements to create a safer, more productive workplace, reduce workers compensation costs , and enhance your company’s reputation.

Workers Comp 71

Workers Comp Workers Compensation Injury Compensation 71

AMAXX

JULY 1, 2024

Issues concerning permanent total disability (PTD) benefits are a significant cost driver in workers’ compensation claims. When facing these claims, members of the claim management team and other interested stakeholders need to identify the issues early on, evaluate and develop defenses, and avoid costly mistakes.

Workers Compensation 52

Workers Compensation Compensation Workers Comp Injury 52

Frankenmuth Insurance

SEPTEMBER 19, 2024

What risks does your business face? But the most successful businesses know how to prepare for these risks and respond to them quickly and effectively. See some of the business risks you could face and what you can do. Risk #1: Weather and natural disasters. Risk #2: Employee health and safety.

Risk 81

Risk Workers Compensation Protection Agents 81

AMAXX

JANUARY 6, 2025

When embarking on the journey to master workers compensation, the road is well-traveled and marked by proven strategies. Our three components to achieve workers comp mastery are: Framework , Employer Controls , and External Controls. Workers compensation programs are multifaceted, and leaders often struggle to prioritize.

Workers Comp 105

Workers Comp Building Workers Compensation Compensation 105

Insurance Journal

JANUARY 9, 2025

The California Division of Occupational Safety and Health cited Safeway $182,000 in proposed penalties for safety violations that reportedly put roughly 1,700 workers at risk of serious injuries at the company’s warehouse in Tracy, their largest facility in the nation.

Injury 246

Injury Risk Workers Compensation Compensation 246

AMAXX

MARCH 24, 2025

Active collaboration with insurers and a demonstrated commitment to risk management can result in substantial premium reductions. Engaging independent premium auditors ensures objectivity, thoroughness, and potential cost savings, allowing businesses to maintain accurate premiums aligned with their true risk profiles.

Workers Comp 59

Workers Comp Premium Workers Compensation Compensation 59

AMAXX

MARCH 10, 2025

In the first part of our series, we emphasized the importance of thoughtful layoff planning to mitigate the risk of increased workers’ compensation claims following a workforce reduction or facility closure.

Workers Comp 59

Workers Comp Claim Workers Compensation Injury 59

New Jersey Workers' Comp

JUNE 20, 2024

The employer argued that Lopez could not sue and that his only remedy was in the New Jersey Division of Workers’ Compensation. In this case, the court observed that the shop owner was exposed to the very same risk. First, he noted that the burns he suffered stemmed from the placement of a drip pan under a car. Oakland Bd.

Workers Compensation 52

Workers Compensation Compensation Injury Claim 52