In recent years, U.S. insurers have been pressured by rising costs on auto policies as distracted drivers and repair costs soar. The nation’s largest property/casualty insurer, State Farm, reported that annual profit fell 94% on car insurance claims costs. To make matters worse, the underwriting loss from auto insurance widened to $7 billion from $4.4…
No matter what type of business you operate, the cost of carrying workers’ compensation insurance, as well as that of managing claims that arise, can be a significant burden. For that reason, it’s essential to do everything you can to avoid fraudulent workers’ comp claims. There are many steps you can take to address this…
A lawsuit filed in Los Angeles County Superior Court alleges that California’s workers’ comp system discriminates against women. The suit, filed on behalf of several women and the Service Employees International Union argues cases in which women’s disability benefits were cut because medically trained evaluators, who are overwhelmingly male, blamed their health conditions, which were…
Having a workplace centered on ergonomics has many benefits. It improves worker efficiency, and it also helps cut down on many types of workplace injuries, including those related repetitive stress that develop over time. These include things like carpel tunnel syndrome, tendinitis, and back problems, and they can have a long and lasting impact on…
California’s workers’ comp reforms have made some good improvement, but it still has the most expensive system in the nation. In 2013, the state implemented reforms and medical trends stabilized indicating that many components of the reform are working. However, relative to other states, California has the highest incidences of partial and permanent disability claims. Furthermore, it…
No matter where your business is located, it’s likely that the threat of natural disaster is very real. Although these types of events don’t happen often, the devastation they leave behind can have significant consequences for your company. There may be no way to actually stop that damage from occurring when a natural disaster strikes,…
Being late is flat out unacceptable. That might sound a bit strict to some but it is an issue that needs to be addressed. Regardless if you’re meeting up for a coffee date or attending a dinner party being punctual says a lot about you. Tardiness bugs me so much that just thinking about it…
Workers’ comp is the most criticized insurance policy. Most employers think worker’s comp as some sort of tax while others just sign a check and move on. Nonetheless worker’s comp is unique for a variety of reasons. However, most of these references are not applicable to all the states and there are exceptions. First, workers’ comp is…
There are many potential benefits to establishing a wellness program for your business, and few drawbacks. Especially if yours is a small company, you may be concerned about the cost. But the truth is that there are many inexpensive steps you can take to build a culture of health and wellness in your workplace. WELLNESS…
Insurer Carriers in California are demonstrating a blatant disregard to the California Insurance Commissioner call to comply with reform laws to lower premiums and pass on the savings to the employers. As to why they are doing it certainly begs an answer, but they’ve been skirting around the issue successfully over the last few years.…