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Economic Trends Bode Well for Workers Comp, But Emerging Issues Warrant Attention

Triple-I: Workers Compensation

Workers compensation insurance provides for the cost of medical care, rehabilitation, and wage replacement for injured workers and death benefits for the dependents of persons killed in work-related accidents. Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers.

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

LexisNexis

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

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Workers Comp:Resilient and Relevant

Triple-I: Workers Compensation

Despite early “dire estimates” of how the COVID-19 pandemic might affect the workers compensation insurance sector, the system has proved to be resilient, according to Bill Donnell, president and CEO of the National Council on Compensation Insurance (NCCI).

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Blog Post: New title! Complex Employment Issues for California Workers' Compensation

LexisNexis

EMPLOYEE LEASING AGREEMENTS § 50 Background § 51 Professional Employer Organizations (PEOs) § 52 General and Special Employers: Key Issues § 53 Discovery in Employee Leasing Cases [1] Overview [2] Determine Who Paid the Leased Employee [3] Obtain the Employee Leasing Contracts [a] Generally [b] Contracts Involving Third-Party “HR (..)

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Understanding the Impact of Frequency and Severity on Workers’ Compensation Premiums

AMAXX

These metrics are fundamental in determining the experience modification factor (often called “mod”), which ultimately influences the cost an employer will pay for workerscompensation insurance. Underwriters view very large losses as rare and unlikely to repeat.