Author Archives: AJ Schrage

About AJ Schrage

Andrew is a licenced insurance producer with The Insurance Shop. Andrew (AJ) specialized in business insurance products including workers compensation, general liability, and professional liability insurance.

2014 Workers Compensation Market Outlook

It was predicted that 2013 would be a challenging year in the workers compensation marketplace and that certainly proved to be the case.  In 2014, I would expect the challenging conditions highlighted by the current trend of a tightening work … Continue reading

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Understanding Your Workers Compensation Loss Runs

Employers are always looking for ways to increase workplace safety and to reduce workers comp insurance premiums.  Carefully reviewing and analyzing workers comp insurance loss runs is one way to accomplish this.  Loss runs are essentially a data summary of … Continue reading

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Creating a Safer Working Environment in Restaurants

All workplaces should aspire to be as safe as possible in order to reduce the cost of workers compensation insurance.  Safer workplaces can save lives and save money.  As it relates to workers comp insurance, safer working environments can reduce … Continue reading

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Maryland Changes from IWIF to Chesapeake

On October 1st, Injured Workers Insurance Fund (“IWIF”) changed its name to Chesapeake Employers’ Insurance Company.  This comes as a result of legislation passed by the Maryland General Assembly in 2012. In addition to the name change, Chesapeake Employers’ will … Continue reading

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Workers Compensation Owner and Officer Inclusion and Exclusion

For workers compensation insurance, owners and officers of companies are treated differently from employees.  In many cases, workers compensation for such individuals is elective.  There are often specific rules, and those rules generally vary from state to state. In Florida, … Continue reading

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Workers Comp Insurance Rates Continue to Decline in West Virginia

For the ninth straight year, workers comp rates will decline in West Virginia as reported (e. g. http://www.statejournal.com/story/22901779/wv-sees-reduction-in-workers-comp) in the last week or so by various news outlets. This means West Virginia will continue its streak of having workers comp rate … Continue reading

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Workplace Safety Programs

Every company should have a written safety program.  A good safety program protect a company’s employees, reduces costs and creates a more productive work environment.  Ultimately, effective programs help reduce the cost of workers compensation insurance and improve employers’ work … Continue reading

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Workers Compensation Basics

The Basics of Workers Comp Insurance Workers Compensation Insurance can seem complicated and overwhelming at first.  However, a professional from Workers Compensation Shop can simplify the process for you as much as possible.  This article should provide you with the … Continue reading

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2013 Workers Comp Market Conditions

Overall, the 2013 Workers Comp Market Conditions are becoming more challenging as industry-wide hardening continues.  Carriers continue to pull out of the marketplace due to financial pressures faced by workers comp providers.  For many business owners, the days of focusing … Continue reading

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Workers Comp Claims Management Practices Help Control Costs

As medical related costs increase, they drive up the cost of workers compensation insurance with them.  While preventing workplace injuries is always the primary goal, it is also important to have an established claims management process in place before a … Continue reading

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