According to the Occupational Safety and Health Association (OSHA), incidents of worker injury, illness, and death have decreased significantly across all industries. Nonfatal workplace injuries and illnesses decreased by 5.7 percent between 2019 and 2020. Fatal work...
While the parcel delivery industry has been on the rise for years, the global pandemic has further catapulted the market to a new level. Consumers' purchasing habits and shopping methods have shifted toward online retailers, thanks in part to mandated lockdowns,...
The past two years have seen significant changes in the workforce. Even before the pandemic, companies were facing staffing shortages and recruitment issues. Now, as the pandemic continues, employees have come and gone in record numbers. In November 2021, 4.5 million...
Over the past two years, the COVID-19 pandemic has shifted the workforce. As infection rates increased, working arrangements changed for employees throughout the country. Many began working at home in some capacity. Now with vaccines available and hopes for infection...
Almost all private employees in the United States can collect Workers’ Compensation insurance benefits if they are injured on the job. Railroad employees are the exception to the rule, as any job-related injuries are covered through The Federal Employers Liability Act...
If there’s one bright jewel in the crown of insurance profitability today, it would be Workers’ Compensation with surprisingly low claims in 2021. Having a significant amount of remote and hybrid work, as well as a worker shortage due to many choosing not to return to...
The impact of the pandemic prompted companies in all industries to transform their processes to incorporate more innovative technologies that increase operational efficiency and business continuity. These changes have since driven a digital transformation that's been...
At the beginning of the pandemic, there was a lot of uncertainty regarding how the COVID-19 virus would impact the Workers' Compensation industry. Many were concerned that it would negatively affect claims causing them to surge – particularly those within the...
Workers’ Compensation is anything but straightforward. And just when you have a handle on your clients’ business operations, they add a new business location, have a significant loss, forget to pay their insurance bill, or start hiring an entirely new classification...
New to working with Risk Innovations or just looking for a refresher on our renewal process? We’ve got you—and your clients—covered. We understand the importance of keeping Workers’ Compensation insurance policies up-to-date, and we’re here year after year to make...
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