If you are a New York employer with a payroll greater than $800,000 and an experience modification greater than 1.20, you have been forced to comply with Code Rule 59 which calls for employers to develop a workplace safety program and have it certified by the Department of Labor if the rating board notifies you […]

Insurance Journal September 12, 2012 New Jersey’s Division of Workers’ Compensation has recently proposed an amendment that would increase the 2013 maximum weekly benefit rates from $810 to $826. The rates would be applicable for temporary disability, permanent total disability, permanent partial disability, and dependency under the Workers’ Compensation Law. The proposed 2013 maximum benefit […]

ESPN August 30, 2012. Claims move toward head trauma, a change that could cost NFL teams millions National Football League teams are facing a significant threat to their finances because of a legal option available to nearly every janitor, teacher and cashier in America — workers' compensation. Playing professional football is inherently dangerous, but the known […]

Insurance companies are buckling down as they continue to lose money year after year. Insurance companies are watching the accounts that they're writing now and looking more closely at the losses of each account. Some accounts will just see rate increases, while others will see rate increases plus big scheduled debits on their policies due […]

Business Insurance August 16, 2012 Employers renewing their workers compensation policies likely will pay more for the coverage as claims costs rise and insurers' combined ratios deteriorate, experts say. Purchasers of primary and excess workers comp insurance are seeing price increases, mostly in the single-digit range, brokers and insurers say, but insurers are fighting to […]