Insurance Journal

JULY 31, 2024

Written premium for the first quarter of 2024 was 3% lower than the first quarter of 2023, while written premium in 2023 was slightly above 2022, according to the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB released its …

Premium 276

Premium Workers Comp Compensation Workers Compensation 276

AMAXX

JANUARY 14, 2025

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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Workers Compensation Compensation Workers Comp Injury 98

Triple-I: Workers Compensation

FEBRUARY 14, 2025

By William Nibbelin, Senior Research Actuary, Triple-I The workers compensation insurance industry experienced its second-best underwriting result in the past 20 years in 2023, with a net combined ratio of 87, according to Triple-Is latest Issues Brief. percent was the only negative change since 2010.

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Workers Comp Premium Workers Compensation Workers Compensation Insurance 40

Insurance Journal

DECEMBER 4, 2024

Claim frequency in California workers’ compensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows. The Workers’ Compensation Insurance Rating Bureau of California released its WCIRB Geo Study 2024, …

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Workers Comp Claim Compensation Workers Compensation Insurance 245

Mark Jackson Insurance Agency

JUNE 17, 2024

Man Drilling into a Wooden Board by Thijs van der Weide Workers' compensation insurance is a fundamental aspect of running a business, providing vital protection for both employers and employees. This insurance covers medical costs, rehabilitation, and lost wages for employees who are injured or become ill at work.

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Workers Compensation Insurance Workers Compensation Compensation Workers Comp 52

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. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center.

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Workers Compensation Premium Compensation Workers Comp 91

AMAXX

FEBRUARY 11, 2025

As a general rule, workers compensation insurance is the primary insurance, which requires the claim team to investigate and make determinations regarding compensability and subrogation rights. Now is the time to consider these factors to reduce workers compensation program costs.

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Workers Compensation Workers Comp Injury Compensation 59

Simply Insurance

NOVEMBER 13, 2024

What is Workers Compensation Insurance and How Does It Work in the US? Workers Compensation Insurance is a crucial safety net for both employees and employers in the United States.

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Workers Comp Workers Compensation Insurance Workers Compensation Compensation 52

Mark Jackson Insurance Agency

MARCH 19, 2025

Commercial Liability Insurance to protect against claims related to third-party injuries or property damage. Workers Compensation Insurance to cover employee injuries on the job. If youre hiring new employees at your new location, ensure compliance with local workers comp laws.

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Simply Insurance

MARCH 15, 2025

Discover how to find the best workers compensation insurance quotes and compare rates online effortlessly. Save money and ensure your business is protected with our expert tips and resources.

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Workers Compensation Insurance Workers Compensation Insurance Quotes Compensation 40

Triple-I: Workers Compensation

FEBRUARY 10, 2022

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). Workers comp plays a critical role in the U.S.

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Workers Comp Workers Compensation Workers Compensation Insurance Compensation 52

LexisNexis

DECEMBER 2, 2024

Oakland, CA -- The California Department of Industrial Relations (DIR) has issued the 2025 assessments that workers’ compensation insurers are required to collect from policyholders to cover the budget of the state Division of Workers’ Compensation (DWC) and five related programs set up by state lawmakers.

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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.

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Jackson & Jackson

NOVEMBER 16, 2024

Why it’s critical in California : Earthquakes and wildfires are common threats, making comprehensive property insurance a must for California-based businesses. Workers’ Compensation Insurance California law requires businesses with employees to have workers’ compensation insurance.

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Word & Brown

DECEMBER 10, 2024

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? Why Choose CompNet?

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LexisNexis

OCTOBER 22, 2024

By Julius Young, Richard Jacobsmeyer, Barry Bloom, Editors-in-Chief for Herlick, California Workers’ Compensation Handbook [Note: This article is excerpted from the upcoming 2025 edition of Herlick, California Workers’ Compensation Handbook. The AI revolution is starting to come to workers’ compensation.

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LexisNexis

NOVEMBER 8, 2024

Robinson, Co-Editor-in-Chief, Workers’ Compensation Emerging Issues Analysis ( LexisNexis ) (This article is excerpted from the upcoming 2024 Edition of Workers’ Compensation Emerging Issues Analysis (LexisNexis). By Thomas A. Section numbers below refer to the text in that book. In § 3, Hon.

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Triple-I: Workers Compensation

JULY 27, 2023

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. A combined ratio below 100 represents an underwriting profit, and one above 100 represents a loss.

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Workers Comp Workers Compensation Workers Compensation Insurance Compensation 40

New Jersey Workers' Comp

JANUARY 13, 2025

In New Jersey, the Workers Compensation Act is the exclusive remedy for injured workers as stated in N.J.S.A. 34:15-8, and (2) the insurer had no duty to defend against Laidlow claims under the Employers’ Liability portion of the workers compensation policy. In Laidlow v. Hariton Machinery Co.,

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Workers Compensation Claim Injury Compensation 52

Insurance Journal

APRIL 21, 2025

The Workers’ Compensation Insurance Rating Bureau of California’s governing committee on Wednesday voted to authorize the WCIRB to submit a September 1, 2025 Pure premium rate filing on average 11.2% percent above the average approved September 1, 2024 advisory pure …

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Premium Workers Comp Compensation Workers Compensation Insurance 254