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Workers’ Compensation Premium Complacency Can Be Costly
If you have employees, you usually have to carry workers’ compensation insurance. Because workers’ compensation is a required cost of doing business, it’s easy to become complacent about the cost. That’s a mistake. Yes, you need workers’ compensation insurance, but...
Breaking Workers’ Compensation News and Case Outcomes
To control your workers’ compensation costs, you need to know what’s happening in the workers’ compensation sector. Catch up on the latest workers’ compensation cases and news events with this roundup. The Inflation Reduction Act Could Impact Workers’ Compensation The...
How COVID and the Great Resignation Have Resulted in Work Comp Overpayments
If your company has been suffering from staffing shortages, you may be overpaying for workers’ compensation. Between the ongoing impact of COVID-19 and the Great Resignation, many companies have seen the number of employees drop from 2019 levels. This can throw off...
How to Get a Premium Refund for Workers’ Comp
If you have workers, you need workers’ compensation. That’s the law in almost every state and for almost every employer – but this doesn’t mean the laws are consistent from state to state. The requirements and costs can vary significantly under state laws. Faced with...
Key Workers’ Compensation Rulings
Workers’ compensation decisions aren’t always clear-cut. Sometimes, they result in drawn out court battles, and these cases can have a major impact on workers’ compensation. From Washington to New York, here’s a look at some of the most important workers’ compensation...
How COVID Has Forever Changed Workers’ Compensation
When COVID-19 started spreading around the globe, people were urged to stay home to avoid getting sick. Many people switched to remote work, but others couldn’t do so. These workers included healthcare workers, manufacturing workers, retail workers and many others...
Workers’ Comp Legislative Update
Workers’ compensation insurance is intended to benefit employers and employees by providing a transparent system to compensate workers for injuries and diseases incurred on the job, while minimizing legal expenses and delays in activating stated benefits. Each state...
Offsetting Supply Chain Losses in Manufacturing
Supply chain issues and worker shortages are putting pressure on the manufacturing industry. These problems can raise costs and reduce profits, making it harder for manufacturers to stay in the black. Manufacturers need to find new ways to stay profitable. COVID...
Inflation’s Impact on Philanthropic Purpose
High inflation rates are hitting everyone hard right now. For nonprofits, increasing costs can pack a triple punch. Inflation can have a substantial impact on philanthropic purpose, so nonprofits may need new cost-effective strategies. Inflation Reaches Four-Decade...
Workers’ Compensation Premium Audits 101: The What, Why and How
If you haven’t undergone a comprehensive workers’ compensation premium audit recently, you’re probably overpaying for coverage. In fact, 80% of our forensic accounting reviews uncover overpayment. As labor costs and inflation rise, it’s increasingly important to...