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.
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References in periodicals archive ?
This is where workers' compensation insurance oversight comes in.
Texas employers that contracted with the state government are required to have workers' compensation insurance, however.
This is the fourth consecutive workers' compensation insurance cut in as many years, and brings the cumulative savings to $550 million for the past four years.
The top five writers of workers' compensation insurance in Louisiana in 2012 were Louisiana Workers' Compensation Corp.
Rather, the concern is that increases in medical costs will hit Alaska businesses harder regarding workers' compensation insurance premiums because $3 out of every $4 in workers' compensation costs already are spent on medical benefits.
For information on how to participate in the group program, contact the Bar member benefits workers' compensation insurance program administrator at (800) 282-8626 or visit www.memberbenefits.com/floridabar
There is a reason why workers' compensation insurance premiums are down.
* The worker is not part of the work force for workers' compensation insurance purposes.
It has come to my attention that there may be some inconsistency within the Department regarding the inclusion of the Workers' Compensation Insurance (Defense Base Act) clause at FAR 52.228-3 in our contracts to be performed outside of the United States.
The only instances in which federal or state authorities have displayed any interest in going after Labor Ready and its ilk are in cases where the government has been cheated of its slice of the fiscal pie, particularly in the realm of workers' compensation insurance. The state of Washington recently fined Labor Ready nearly $1 million for underpaying workers' compensation insurance.
If no Workers' Compensation Insurance is carried by the organization, an injury to one of its employees could wind up being paid by one of your insurance policies.
Maintaining workers' compensation insurance coverage in Texas is elective for most private employers.

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