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 ?
The increase in the need for workers compensation insurance is driven by the upward trends in various economies such as the US, the UK, India, and China.
By pooling our workers compensation insurance experts, as well as our considerable investments in software and technology, we can provide an even better service for our clients.
com, the Web site of the Workers' Comp Executive, the newsletter that provides comprehensive coverage of California's workers compensation insurance industry.
SAIF continues to fulfill its mission of offering affordable and accessible workers compensation insurance by serving Oregon's small and higher risk businesses.
Benson will serve as the senior underwriting officer of workers compensation insurance for ACE Casualty Risk.
He has extensive experience in the governmental arena and specializes in reinsurance administration, workers compensation insurance, and terrorism risk insurance issues.
More than nine hundred insurance companies, nearly 40 state governments and various Fortune 500 companies rely upon NCCI to provide them with accurate, timely and consistent information regarding workers compensation insurance.

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