In the last year, American businesses have confronted challenging market factors including the pandemic, a housing surge, a tight labor market, and increasing material costs. These macroeconomic factors can directly impact worker safety and wellbeing, making it more...
There is a disconnect in the current workers compensation market. Rates are effectively based on a snapshot of the company and industry taken years prior. A policyholder can lower their premium if they experience fewer losses. But even with zero losses, it takes time....
It’s late one night as you sit at your desk catching up on work. You don’t mind. There’s a full moon, and you have a cup of coffee to keep you company. But, out of the corner of your eye, you think you see something odd in a stack of papers on your desk. You...
Even with a steady stream of new standards and regulations in both worker and work equipment safety, agriculture is still one of the most dangerous industries in the U.S. Some of the highest severity injuries can be blamed on riding farm equipment—tractors, ATVs,...
Everyone has heard a worker comp fraud story. The worst of these tales are pretty egregious — like a worker purposely injuring themselves or an employer neglecting to file claims to avoid premium increases. There’s so much talk about insurance fraud and, specifically,...
No matter where they are or what they do, there’s one thing that all your clients know for sure: there’s no running from OSHA. Failure to comply with state and federal OSHA standards comes with a hefty price tag and an even bigger headache. So it’s no surprise that...
Every broker wants to provide clients with accurate coverage at a premium that doesn’t break the bank. Usually, your job is to find the insurer with a risk appetite that matches your client’s history and help your client work towards a future with lower claims. One...
Do you know the true cost of inaction? It’s more than you think. Your client’s costs can increase by 51% if they do not report a workers compensation injury in good time. For even the largest of companies, this can be a devastating mistake. The increased claim...
For employers covered both by OSHA Recordkeeping regulations and workers’ compensation laws, it can be a challenge to determine when and where to report a work-related injury or illness. Just because you can make a workers’ comp claim doesn’t mean an incident is...
Manufacturing businesses remain critical during COVD-19. When the pandemic first began, plants across the country stepped up, rearranged their shop floors, and saved lives by transitioning their health and safety measures to include masks, sanitizer, and social...
COVID-19 outbreaks have impacted agricultural businesses around the world. In several states, public health departments can now link several hotspots with meatpacking plants where workers functioned within close proximity of one another. If more than one worker...