Workers Compensation Insurance Archives - Page 7 of 12

Why The Commercial Insurance Marketplace Fails Your Business

Claims Management, Construction Practice Group Content, Food & Beverage Practice Group Content, General Liability Insurance, Human Services Practice Group Content, Risk Management, Transportation Practice Group Content, Workers Compensation Insurance

Simply put, the insurance claims goals between most commercial insurance buyers and the carrier / brokers heretofore named the insurance marketplace are misaligned. The goal of a savvy insurance buyer is to transfer as much risk to the…

Workers Compensation Audits and Independent Contractors

Construction Practice Group Content, Workers Compensation Insurance, Workers Compensation Premium Audits

Workers Compensation Audits and Independent Contractors One of life’s many non productive responsibilities is managing your annual workers compensation audits and Independent Contractors. Whats worse is pulling together all that information…

NY State Takes Huge Increase On NY State Workers Compensation Loss Costs

Workers Compensation Insurance

A Brief Note About Loss Costs: Several years back New York State went to a loss cost rating mechanism. Essentially this means that The N.Y. State Workers Compensation Rating Board sets what they deem as the appropriate "Base Loss Cost Rate"…

Owing Money to the New York State Insurance Fund

Workers Compensation Insurance, Workers Compensation Premium Audits

We wrote this article to help folks understand what their options are when they want to return to the New York State Insurance Fund, usually because the private marketplace won’t provide coverage due to class of business or poor loss history.…

Late Reporting of Employee Injuries will Lead to NY Workers Comp Board Fines

Claims Management, HR Challenges, Workers Compensation Insurance

At Metropolitan Risk, our best practice clients understand the critical importance of getting employee injuries into the workers compensation system. Each injury that goes undetected or unreported costs the employer up to 39% more for the same…

Working on a Wrap Project: You're Not As Protected As You Think

Claims Management, Construction Practice Group Content, General Liability Insurance, Workers Compensation Insurance

I work with high risk businesses every day, and sometimes, when I think I’ve seen it all, something new comes around to surprise me. Many large construction projects will use a “Wrap” or an “OCIP/CCIP” (For more info on what this…

Important Updates to Your Experience Mod

Workers Compensation Insurance, Workers Compensation Premium Audits

The NCCI (National Council on Compensation Insurance), is a group that calculates Experience Modification Factors for companies across the entire United States. Some states have their own rating bureaus due to their size and complexity. For…

Essential Keys to Transform Your Goals into Achievements

Construction Practice Group Content, Food & Beverage Practice Group Content, Human Services Practice Group Content, Risk Management, Transportation Practice Group Content, Workers Compensation Insurance

Do you ever wonder how successful people consistently achieve their goals? Have you unlocked why you achieve certain goals while others fall short? Do you want to transform goals to achievements? Many companies start the new year with new…

December 14 News From Around the Marketplace

Construction Practice Group Content, Other, Risk Management, Transportation Practice Group Content, Workers Compensation Insurance

Injured Construction Worker in Queens Gets Record $62 Million Single-Plaintiff Award - N.Y. Post A construction worker who was injured on the job has been awarded $62 million — the largest lawsuit verdict for a single plaintiff in Queens. The…