3 Key Takeaways Introduction to Workers Experience The US is experiencing historically low unemployment rates, leading to an influx of new workers. Unfortunately, many of these newcomers lack proper safety training, exposing them to workplace hazards that can lead to severe injuries, illnesses, and even fatalities. According to a recent Travelers study, new workers within […]
Workers Experience and Workplace Injuries Read More »
If your business has a workers’ compensation policy and you use subcontractors on a frequent basis, will you be charged for an injury? The answer, it depends on the task and if they have coverage. Who is Considered a Subcontractor? A subcontractor refers to an individual or company that carries out a task or provides
Workers Compensation for Subcontractors: Will You Be Charged? Read More »
If your company has employees and injuries are a possibility, understanding the nuances of insurance can make a significant difference in your premiums. One critical factor is the Experience Modification Rate (EMR), often just referred to as the “mod or x-mod.” Claim reserves play a key role in determining your mod. Here, we will delve
The Impact of Claim Reserves on Your Experience Modification Rate Read More »