Important Coverages for Motor Carriers using Owner-Operators

The transportation industry is seeing an increased number of companies leasing their vehicles to owner-operators for expense savings. However, owner-operators create an inherent risk for these companies because their injuries and accidents are not covered by Workers’ Compensation like they would be as a full-time employee. The only way for independent contractors and motor [...]

By |2020-05-07T12:14:58-04:00May 7th, 2020|Insurance, Workers' Compensation|0 Comments

Workers’ Compensation COVID-19 Claims Update

The White House is increasing pressure on insurance carriers to reevaluate what is considered a “covered loss” during the COVID-19 pandemic.  How a Workers’ Compensation carrier will take coverage definitions and respond to a COVID-19 claim is changing so quickly that what might not have been covered yesterday, may be covered today…or tomorrow.    [...]

How Employee Age Impacts Workers Compensation Utilization

According to the Bureau of Labor Statistics, the number of people ages 55 and older in the workforce will reach 24.9% in 2024 – up from 11.9% in 1994. Prompting this uptick in working Boomers are two factors: They can’t receive full Social Security retirement benefits yet. The recession drained their retirement savings accounts. As [...]

By |2020-02-19T18:33:41-05:00January 15th, 2020|Insurance, WC|0 Comments

Workplace Safety Increases as Workers’ Compensation Claims Drop

Regulatory reforms and advancements in workplace safety have caused the frequency and severity of Workers’ Compensation claims to decline significantly.  As injury rates drop, Workers’ Compensation costs also decrease; providing significant benefits to the employers. Here are a few reasons why we are seeing a decline in Workers’ Compensation payouts: More workplace safety initiatives [...]

By |2019-12-15T21:08:22-05:00December 2nd, 2019|Insurance|0 Comments

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 workers across California. As a result, these workers will be eligible for workplace benefits [...]

By |2019-11-21T21:08:57-05:00November 18th, 2019|Business, California, Industry Update|0 Comments

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 that for every dollar a company spends on a workplace injury, [...]

By |2019-07-08T22:21:10-04:00July 8th, 2019|Insurance, Safety, Uncategorized|0 Comments

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 have particularly increased risk of heat stroke and other heat-related illnesses. It is important for employers of outdoor workers [...]

By |2019-06-10T21:54:48-04:00June 3rd, 2019|Business, Uncategorized|0 Comments

Busted! Corrupt Professionals Sentenced in $200M Workers’ Comp Scheme

We’ve all heard stories about someone faking a workplace injury in the hopes of profiting from a Workers’ Comp pay-out.  But what happens when doctors, medical service providers, attorneys, and other professionals conspire to scam the Workers’ Comp system for millions of dollars? Sentencing hearings were recently held in California for participants in a [...]

By |2019-03-24T16:12:48-04:00March 21st, 2019|Insurance, Workers' Compensation|0 Comments

New Signs of a Changing Market for Workers’ Compensation

There has been a steady decline in Workers’ Compensation rates since the beginning of 2015, which is attributable to the overall market softening.  However, we are starting to see profit margin compression.  Medical loss cost severity is rising, benefits from prior accident year reserve redundancies are declining, and the growing involvement of attorneys is [...]

By |2019-02-19T11:27:14-05:00February 4th, 2019|Safety, Workers' Compensation|0 Comments

Expand Your Markets & Boost Your Agency Premium By Optimizing Your Wholesale Broker Partnership

Frequently agencies have clients that require coverages that their in-house carriers cannot offer. And to compound things, oftentimes there’s a very short timeframe in which to find solutions. Who do you contact to help? Can they place this line of business? Can they get this done? Now? Finding and working with the proper wholesale broker [...]

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