As record-setting heat waves stretch across the US and the globe, it is impossible to ignore the impact on millions of workers. Many at risk of heat injury work in professions that already present higher hazards—such as agribusiness and construction. Not only can high...
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....
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,...
One of your client's employees sustained an injury on the job and is going to miss three months of work as she recovers and rehabilitates. You can tell your client is very concerned about her well-being, the morale of her teammates, and how her absence impacts their...
The frequency with which ergonomic injuries happen is an unwelcome surprise for many hardworking professionals and business owners alike. In addition to the pain and suffering they can cause, ergonomic injuries drive up insurance costs and create excessive lost time...
Your client comes to you with two new slip and fall cases. One is a slip on the factory floor, and the other is a slip and fall in the parking lot. It seems straightforward, right? You’ve got two covered workers who fell at work. Well, not so fast. Not every incident...
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...
In mid-September, two cranes collided at an east Austin TX construction site with devastating results. The accident sent 16 people to the hospital and injured 22 people overall. Assuming the contractor held workers compensation coverage, their broker may now be...
Insurers create class groups for policyholders to assign risk. In workers compensation, they go one step further and calculate a client’s risk based on their experience. Your clients’ experience modification rate, or Ex Mod, is one of many factors that determines...
Workplaces are far safer now than they were even a few decades ago. Still, the Bureau of Labor Statistics says there are 3.1 workers comp claims filed for every 100 full-time employees. Know the stats behind workers comp claims to identify trends, make informed...
Most companies want to maintain a safe environment, but many have trouble seeing beyond their existing practices — even when those practices fail to produce a meaningful reduction in losses. As an independent agent, you can play a pivotal role in influencing your...
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...