When approaching a workers compensation settlement, efficiency and accuracy are critical. While it is important to get the settlement right, speed is key to curbing the potential long-term sprawl of expenses related to medical treatment, potential surgeries and indemnification for carriers and businesses.
A Pennsylvania appellate court has struck down a $5.59 million jury award for a former roofer who suffered catastrophic spinal injuries after falling 20 feet through an unmarked hole in a roof.
In its fifth year, the Risk & Insurance survey of workers’ compensation professionals, sponsored by Healthesystems, highlighted the top challenges industry professionals faced in 2022 and their priorities heading into 2023.
With everything employers have on their plates, why should they care about Medicare Set-Asides, or MSAs? The main reason is: MSAs facilitate workers’ compensation settlements.
Situational variables have an effect on the degree of seriousness of these unexpected events, which causes management to try to find means and methods of stopping their occurrences or minimizing their negative impact on the organization.
Staffing shortages, turnover and new hires led to a significant spike in workers’ comp claims in restaurants as the industry reawakened after COVID-19 lockdowns, according to a report from AmTrust Financial Services.
Lawmakers in South Carolina have filed three bills in the last week that would make post-traumatic stress disorder a compensable illness for first responders.
While claim frequency in workers compensation has been flat for a decade, claim severity is increasing, and no industry is seeing it more than construction, according to a panel of experts.
The medical management picture for workers’ comp has become increasingly complicated as the industry reckons with the forces of a post-pandemic world and the changing nature of work, but the problems remain the same: supporting injured workers to drive return-to-work.
Workers misclassified as independent contractors, reductions in benefits, and states looking to make workers compensation protections optional for employers are three ‘troubling’ trends for the insurance industry, a U.S. Department of Labor official wrote in a recent blog post on the agency’s website.
By now, most of us have heard the term quiet quitting. Is it a negative or positive thing? There’s confusion over what it is or what it means. Some think it means the period of disengagement an employee may experience leading up to actually quitting. Is it really though?
It’s not rocket science. We all grew up with the Golden Rule -- treating others as one wants to be treated. This commonsense approach to treating others with respect and dignity has deep historical roots, in both religious and secular contexts.
Property and casualty insurance providers across the country wrote more than $797 billion in premiums in 2021, generating about $767 billion in earned premiums, the latest industry report from the National Association of Insurance Commissioners’ (NAIC) has revealed.
Workers’ compensation laws have been in effect in the United States for over a century providing benefits to employees injured on the job. For many years, ‘on the job’ meant injuries that occurred at an office, factory, store, or other site used exclusively for work-related purposes and over which the employer had a significant degree of control.