Getting an injured employee back to work quickly is better for the employee, and it’s also beneficial for your business in several ways. These include eliminating losses related to reduced productivity, as well as those associated with hiring and training replacements, and it can also help you keep you workers compensation costs from going up.…
Regardless of the industry you operate in, you almost certainly need to have workers’ compensation insurance coverage if you run a business of any size. While some states exempt very small businesses from this requirement, that does not remove your liability to pay if an employee or contractor is injured on the job. The cost of workers’…
If you operate a business in California, you likely carry workers’ compensation insurance. There are plenty of private insurers that provide this type of coverage, but there is another option as well. Whether you’ve had difficulty finding coverage through private carriers or you simply aren’t satisfied with your current plan, the State Compensation Insurance Fund…
Business insurance is something every company needs in some form, but the costs associated with it can become overwhelming at times. Depending on the type of policies you have, there are various steps you can take to try and keep costs down. One of these, of course, is to switch carriers, as different companies often…
While there are many factors that will influence how much you pay for your workers’ compensation insurance coverage, it’s always true that the fewer accidents you have, the better your rates will be. Of course, having solid and updated safety systems in place is a great starting point when you’re trying to ensure your number…
As the owner of a small or medium sized business, you have a significant interest in keeping the costs of your business insurance, particularly workers’ compensation insurance, under control. These costs can prove to be a substantial strain on many companies, and so it may be worth joining a Professional Employer Organization (PEO) to try…
Every year, the Legislature passes policy changes by boasting their hypothetical positive effects. However, they rarely revisit their rulings to determine if they in fact materialized. Legislative leaders might emphasize “oversight,” but it rarely happens and if it does, it’s more superficial and self interested rather than objective and deep. The well regarded Workers’ Compensation…
The cost of worker’s compensation insurance causes major headaches for business owners across the board. The cost of premiums can quickly spiral out of control, and you may think there’s nothing you can do to reign them in. But, there are several steps you can take to ensure you’re paying as little as possible for…
Unless you have been hiding under a rock over the last decade, you are probably aware that seismic shifts in the labor force and high speed automation may be putting one of the property and casualty industry’s biggest premium generators at risk of displacement. Two issues confronting insurers could prompt essential changes in their business…
Depending on the type of business you own, you probably already have a collection of insurance policies to protect you in a variety of specific situations. While these are all important to have in place, you may also want to consider investing in an umbrella policy to supplement your existing coverage. Even if you didn’t…