Are Younger Workers More Accident Prone?
Posted: June 11, 2018
The National Council on Compensation Insurance Says Yes In a recent study by the National Council on Compensation Insurance, younger workers (ages 20-35) have more injuries than older ones. Older workers (ages 45-64) experience more high cost injuries, such as injuries to joints like rotator cuffs and knees. Workers aged 20-35 more commonly experienced ankle sprains. The real factor influencing the difference in medical severities...
The Benefits of a Workers’ Compensation Experience Modifier Review
Posted: April 12, 2018
Your Experience Mod Is Your Work Comp Identity It is a fact that many employers overpay for their workers’ compensation premiums. One of the reasons is that their experience modifier is not accurate. The experience modifier is a numeric representation of your company's loss history compared to the average for your industry. If your loss history is average, your modifier should be 1.00. The experience...
Is Your Business Covered For Employment Practices Liability?
Posted: March 12, 2018
A Business Insurance Update Today more than ever, employees know their rights under the law. Over the years, the United States has created many federal laws and statutes to protect the rights of individuals including; Title VII of the Civil Rights Act of 1964, Title I and Title V of the Americans with Disability Act of 1990, The Age Discrimination in Employment Act of 1967,...
Does Your Business Have The Right Coverage?
Posted: February 25, 2018
Types of Insurance a Small Business Owner Should Have There is no question, owning a business comes with a set of unique risks. The types and kinds of business threats are changing rapidly, and for your business to survive and grow you need to know how to manage your risk. A well designed commercial insurance program can protect your company from financial loss and even...
Do Business Owners Need Workers Compensation Coverage?
Posted: February 12, 2018
Workers’ Compensation Insurance Almost every business needs, and is required to have, workers’ compensation (WC) insurance. Most states (with a few important exceptions) essentially require employers to purchase a workers’ compensation insurance policy to handle their statutory obligations to workers who are injured or made ill due to a workplace exposure. We often have this question come up; should the company owners be included under...