- Employer responses to workers' compensation
insurance experience rating.
In the current increasingly competitive economic environment, greater attention is being placed by governments and employers on issues related to escalating costs such as workers' compensation. Experience rating of insurance premiums is increasing in importance for a host of policies ranging from workers' compensation to unemployment insurance. It is an ......
- Putting the clamps on workers' comp
claims.
Workers' compensation. Those two words can cause enormous headaches for nursing home operators. In the United States today, the dramatic rise in workers' compensation premiums poses a new and serious threat to the overburdened long-term care industry. Keeping those increases in check is key to maintaining the financial viability of ......
- The soaring costs of workers' comp
HEADNOTE Despite rigorous efforts to control costs and prevent accidents, employers still are experiencing staggering premium increases. Solutions are in short supply. Dade Behring Inc., a $1.2 billion medical diagnostics manufacturer in Deerfield, Illinois, did everything right to keep its workers' compensation premium down. Still, its insurance bill soared a ......
- Why employers need workers' compensation
insurance: program benefits both businesses and
employees.
Workers' compensation premiums represent one expense employers should not forego. Except for a few employment scenarios, the law requires employers to carry workers' compensation coverage, either through a carrier or if the company qualifies, through self-insurance. Despite this fact, Randy Weddle, an attorney for Holmes, Weddle & Barcott, PC in ......
- Workers' compensation deductibles and
employers' costs.
INTRODUCTION In recent years, profitability has returned to the workers' compensation insurance market. Insurers have experienced a dramatic improvement in their combined loss ratios and the frequency of workers' compensation indemnity claims has been on the decline.(1) Nationally, combined ratios after dividends were greater than 110 percent for every year ......
- The ten-part: Workers' compensation carrier evaluation
With workers' compensation insurance rates at their highest in nearly ten years, employers are facing enormous pressures to better manage medical costs and reduce lost time. But the workplace has changed and risk managers face new challenges, such as an aging workforce more susceptible to injury and terrorism threats virtually ......
- Make safety a profit maker.
There is no question that the rising cost of workers' compensation insurance has had a tremendous impact on the bottom line profitability of most California employers during the past couple of years, and the wine industry is no exception. A driving factor is an increase in the cost of injuries, ......