Yet Uncertainties Continue to Face the Business The workers’ compensation insurance industry experienced a year of mostly solid results in 2008, according to Dennis Mealy, NCCI Holdings Inc. chief actuary. In its annual “State of the Line” report, the NCCI …
While the economy is in freefall, a Sioux Falls, S.D., workers’ compensation agency, Insurance Specialty Group, is racking up double-digit growth. According to owner Renae Eidenshink, the reason for this remarkable record is simply that the agency focuses on education …
Prepare Clients for Premium Audits by Knowing the ABCs of Audits Insurance agents and brokers are charged with many duties on behalf of their clients. One often neglected duty is working with insureds to prepare them for the annual workers’ …
Agents Advised to Know How Trusts Differ From Typical Insurance Companies To start off, what exactly is a workers’ compensation group trust? Per the New York State Insurance Department Web site, it is: “[A] group of employers who perform related …
Agents Advised to Know How Workers’ Comp Trusts Differ From Typical Insurance Companies To start off, what exactly is a workers’ compensation group trust? Per the New York State Insurance Department Web site, it is: [A] group of employers who …
Since West Virginia opened its workers’ compensation insurance market on July 1 of this year, 105 insurance carriers have entered the field and begun to write policies, according to Insurance Commissioner Jane L. Cline.. When the workers’ compensation market opened, …
Loss and safety management can help companies to save money by reducing workers’ compensation insurance claims, according to Tim East, director of risk management for The Disney Co., Woody Hill, vice president of loss control for Employers Compensation Insurance Co., …
Too many small business decision-makers appear to be spending money on workers’ compensation insurance coverage without understanding how workers’ compensation insurance works, what they get for their premium payments, or why they continue coverage with a particular carrier, according to …
But rising medical costs, regulatory landscape and insurers’ low investment yields make the long-term outlook less certain The workers’ compensation insurance market turned in solid overall results in 2007, and the short-term view for the market is optimistic. But the …
Workplaces are getting safer each year; but that doesn’t mean the cost of workers’ comp coverage will decline Ongoing efforts to curb workplace injuries have made substantial progress in most parts of the country. That’s good news for employees, of …
