Worker’s Compensation

Controlling Workers’ Compensation Costs

Fourth in a series of installments on workers’ compensation coverage In previous posts on workers’ compensation, we’ve covered experience modification factors, what makes a claim compensable and signs of fraud. Now, let’s get to the bottom line – literally – and talk about controlling your workers’ compensation costs. The first thing to understand about cost…

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Fraud Alert: Warning Signs of Workers’ Compensation Claims

Third in a series of installments on workers’ compensation coverage Having covered the circumstances that make a workers’ compensation claim compensable in a previous post (see it here), let’s take a moment to look at the other side of the coin: signs that a claim might be fraudulent. Various sources estimate that fraudulent claims cost…

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Workers’ Compensation: When is a Claim Compensable?

Second in a series of three installments on workers’ compensation coverage Navigating the murky waters of workers’ compensation coverage is a challenge for many employers, especially when it comes to distinguishing exactly what constitutes a legitimate, compensable claim. What exactly determines whether a claim is compensable? In order to be compensable, a claim must meet…

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Zenjuries: Your Workers’ Compensation Solution

We’re always on the lookout for resources that help our clients better manage any kind of risk, because being in control of your risk profile helps you to tell a better story to insurers. Many businesses would agree that the world of workers’ compensation insurance is among their biggest headaches. The paperwork, regulatory requirements and…

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The Mod Factor: Understanding Your Workers’ Compensation

First in a series on workers’ compensation coverage The Mod Factor. Sounds like a TV show from the 1970s, but it’s really a very important term in calculating and controlling your workers’ compensation costs. The term “mod factor” is shorthand for “experience modification factor,” and it’s the number that is applied as either a credit…

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Zenjuries: Your Workers’ Compensation Solution

We’re always on the lookout for resources that help our clients better manage any kind of risk, because being in control of your risk profile helps you to tell a better story to insurers. Many businesses would agree that the world of workers’ compensation insurance is among their biggest headaches. The paperwork, regulatory requirements and…

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Legislative Update – April

Here’s what happened on the legislative front in Washington, DC in April, and how it affects your business: Market Stabilization Final Rule Issued: On April 14, the Department of Health and Human Services (HHS) issued a market stabilization final rule under the Affordable Care Act, containing new reforms aimed at lowering premiums, stabilizing the individual…

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HR Hotline: Real People, Real Answers

In a recent post we discussed MyWave Connect, our online portal for convenient access to resources on safety, compliance and much more (read about MyWave Connect here). While MyWave Connect is a vast and searchable resource, sometimes you need a little personal guidance, especially when it comes to matters of Human Resources. Chances are that…

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What You Need, When You Need It

It’s happened to every business … you’re working after hours, and you really need a certificate of insurance to wrap up the paperwork and bring in a new client. But your insurance broker is closed. Or an employee needs a new Auto ID card on a weekend, and all you can do is add it…

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Business Owners – Does Price-Shopping Cost You Money?

For many companies, shopping insurance coverage annually seems to be simple due diligence. After all, insurance is a significant expenditure, so each year you invite your current broker to re-quote and also bring in new faces to make sure everyone’s using their sharpest pencil. That’s how you make sure you’re getting the very best pricing.…

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