Monthly Archives: January 2014
Oklahoma Supreme Court to Review New Workers Compensation Laws
The new laws that are set to take place for Oklahoma workers next year are being argued as unconstitutional. Attorneys are set meet with the Oklahoma Supreme Court on December 10th to present their case. They will be arguing that the … Continue reading
MIssouri Workers Compensation Rates Likely to Rise in 2014
Missouri business owners can expect to see an increase in their MO workers compensation rates in 2014. The rates will likely increase by 11.6% in “loss costs” for anticipated 2014 claims. The National Council on Compensation Insurance (NCCI) filed the … Continue reading
California Senate Bill 863- Impact on Workers Compensation Insurance Premium
Everyone in the workers compensation industry has been following California’s legislative debates and work on Senate Bill 863. This goal of the bill was to help resolve some of the issues plaguing workers compensation in CA. Insurers in California have … Continue reading
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Workers Compensation Hardening Market and Quoting Options
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Missouri Workers Compensation in 2014
As we begin the new year, many business owners have something else on their mind. With health care changes coming into effect on 01/01/2014 that’s not all that will be changing. In Missouri, workers compensation is going to see some … Continue reading
I Saw That Injury Coming
As an insurance agent I am trained to think of the worst case scenario and plan for it. The insurance business is no question a numbers game which comes down to doing everything you can to prevent accidents from happening in … Continue reading
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Workers Compensation Audits
Each year, business owners have to take valuable time from their busy schedules to complete and possibly meet with a workers compensation auditor to complete and wrap up the prior years workers compensation policy with regard to estimated payroll per class codes … Continue reading
Workers Comp- Gettting the Biggest Bang for Your Buck
This is a term that everyone is familiar with. Shopping for a superior product or service for the lowest and most affordable price. Unless you are shopping for a very specific brand or item, we are always looking for the … Continue reading
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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
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