Insights
California Passes Groundbreaking Legislation to Limit Independent Contractors
California Governor, Gavin Newsom, recently signed a new bill that makes it more difficult for companies to classify their workers as independent contractors rather than employees. This legislation is expected to change the employment status of more than a million...
How Recessions Impact Workers’ Compensation
Many economists believe that a recession is on the horizon, and Bank of America forecasted a greater than 30% chance of a recession starting within the next year. How will the predicted economic downturn impact Workers' Compensation claims? The rate of workplace...
Safe Harvesting Tips in Honor of Harvest Safety Week
The National Grain and Feed Association (NGFA) has announced the first-ever Harvest Safety Week, October 14-18, to promote health and safety in the workplace and out in the fields. As feed and grain workers are working long hours during this busy time, it’s important...
Up in Smoke: Insuring Cannabis-Related Businesses
The sale of legal cannabis is projected to reach $20 billion within three years. With 33 states passing laws to legalize medical cannabis and 11 allowing recreational marijuana, the insurance industry is beginning to take notice. California blazed trails by announcing...
Amazon’s Fast Delivery is Changing the Marketplace
People typically prefer to shop in a brick and mortar store because they can get the items the same day. Amazon is on a quest to disrupt that model. In exchange for a $119 per year annual fee, Amazon is on a fast track to putting items in the hands of its Prime...
5 Simple Ways to Improve Your Workplace Ergonomics
Did you know that work-related musculoskeletal disorders (WMSDs) cost employers $15 to $20 billion annually in Workers' Compensation costs? While that is a huge price tag, The Bureau of Labor Statistics estimates it is only a fraction of the injury cost. They estimate...
June is National Safety Month
The National Safety Council (NSC) and many other organizations are celebrating National Safety Month during the month of June. What are you doing to improve the safety of your people and property? The best way to reduce injuries at work, at home, on the road, and in...
Feeling the Heat? How to Protect Outdoor Workers During the Hot Summer Months
Summertime means vacation and fun for many Americans. However, the risk of heat-related illnesses for outdoor workers increases significantly as the weather gets hotter and more humid. Construction workers, landscapers, agricultural workers, and baggage handlers...
The Future is Now – How AI is Changing the Face of the Insurance Business
Do you remember the iconic 1968 Stanley Kubrick science fiction movie, 2001: A Space Odyssey, that first introduced Artificial Intelligence (AI) to audiences? HAL, the spaceship’s computer system and main character, was programmed to navigate all ship operating...
Don’t Get Railroaded on Your FELA Claim
Almost all private employees in the United States can collect workers’ compensation if they are injured on the job. Railroad employees are the exception to the rule, as they must file for damages through The Federal Employers Liability Act (FELA). FELA was created in...
Sign up for the latest updates from Risk Innovations!
Get the latest market updates, carrier changes, and new program launches for Workers’ Compensation and Personal Lines delivered straight to your inbox.
