Workers' Compensation

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Workers' Compensation

Insurance that pays for an employee's medical care in the event that he/she is injured at work. Workers' comp may also provide for lost wages and compensate for disability or reduced earning potential. In exchange for receiving workers' comp, the employee surrenders the right to sue the employer for negligence. Workers' comp is mandatory in many jurisdictions and employee paychecks are reduced by the amount of the premium.
References in periodicals archive ?
Workers compensation insurance provides critical protection to both workers and employers.
will provide marketing, underwriting, loss control and policy administration services for Advantage Workers Compensation Insurance Company.
Founded in direct response to turn-of-the-century legislation requiring businesses to protect their employees with workers compensation insurance, Liberty Mutual has been an industry leader in applying medical and technological breakthroughs to real life situations.
Unlike fee-for-service doctors, HMO physicians treat an injury or health condition under workers compensation insurance and supplement their salary income.
Work First was created to offer a workers compensation insurance program to service the temporary staffing industry.
The survey asked if the current workers compensation insurance system had affected the organizations' hiring practices.
In the competitive market of Workers Compensation Insurance sales, download helps Accident Fund remain at the forefront.
60 being paid out for every dollar collected in workers compensation insurance premiums.
April 21 /PRNewswire/ -- The vast majority of workers compensation industry officials indicated here today that workers compensation insurance should remain separate from the general health care system and continue to provide 100 percent coverage of all medical bills as well as wage replacement to employees injured on the job.
BOSTON -- It's been difficult lately for California food and agribusiness companies to find workers compensation insurance.
Skyrocketing claims costs and inadequate workers compensation rates have staggered insurers with unprecedented losses from underwriting workers compensation insurance in Alabama in recent years.
amp; BOSTON -- Louisiana Workers' Compensation Company (LWCC), the leading provider of workers compensation insurance in the state of Louisiana, and AgencyPort, a leading provider of agent portal and interface solutions to property and casualty insurers, today announced that LWCC has initially deployed AgencyPortal's new Renewal and Endorsement component to selected pilot agencies.

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