The workers’ compensation industry is at a turning point. Rising medical costs, evolving workplace risks, and growing demand for proactive solutions have made one thing clear: the future of workers’ comp insurance isn’t just about paying claims, it’s about preventing...
How sales support, embedded safety, and real partnership help you win more. In a competitive insurance market, the difference between closing a deal or losing one often comes down to the support behind the quote. At Foresight, we do more than provide a policy. We...
When you're trying to place a client with a high experience mod (ex-mod) score, the list of workers’ comp carriers willing to take the risk shrinks fast. Standard markets often shy away and assigned risk pools don’t always deliver the service or pricing your client...
What are Loss Runs and How to Get Them - Workers Comp 101 Every business has a documented history of its insurance claims, known as loss runs. These reports are crucial for insurance providers to assess a company's risk profile and determine appropriate coverage and...
The workers’ compensation claim process isn’t straightforward. Each state has different workers’ compensation laws that affect the process. One question insureds often ask is, “how long can workers’ comp claims stay open?” When a work-related injury happens, the...
When procuring workers’ compensation for your client, there will be cases where not everyone on the company payroll needs coverage. In other words, those employees (or non-employees) are “exempt” from workers’ comp. Understanding workers’ comp exemptions can help your...
Workers' comp limits and what they mean—for workers' and employers Your workers' compensation policy is so much more than a mandatory insurance product. It protects your workers in the event of an injury or illness, and simultaneously wraps around your business—paying...
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...
It’s policy renewal time for a client you’ve been working with for several years. The incumbent carrier you’ve inherited is good — but not great. Service times are slow, claims management is disjointed, and underwriting isn’t particularly accommodating either. To you,...
Talking safety can look like an alphabet soup of acronyms. You know about OSHA, but there’s a whole library of safety terms and jargon that industry professionals use. When meeting with your workers compensation clients, you’re likely to hear a few unfamiliar...
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,...
Your clients come to you with payroll in hand and a list of their class codes. But could they be missing some vital information that directly impacts their policy premium? As you well know, the answer is yes! Failing to include relevant subcontractors in workers...