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 ?
Insurers who have submitted workers comp informational filings to address any overcharges for policies written between April 1, 2018 and December 31, 2018 can be found on the Business Insurance page at www.insurance.pa.gov.View the full article from Lehigh Valley Business at http://www.lvb.com/article/20181221/LVB01/181229981/california-companies-first-to-reimburse-pa-businesses-for-workers-comp-overcharges.
Oyster partners with high-tech payroll services providers to distribute workers comp. The partnerships enable business users to add options such as getting a quote and binding insurance online during the process of signing up for payroll and other human resources services.
"Workers comp, as a coverage, is somewhat simplistic," he said.
Presumably you've got a longer tail on the life of a workers comp claim, so with a combined ratio of 110% the carrier has the opportunity to earn investment income to cover the combined ratio."
In other good news, the frequency of workers comp claims declined 4% in 2009, following a 3.4% fall in 2008 and a 3% decrease in 2007.
Provides: Workers comp, some dental benefits, group health plan.
Provides: Workers comp, classes, rehearsal space, choreography opportunities, discounts with local body work practitioners.
"When I first spoke to CHW, I saw an organization with significant workers comp challenges, and I knew with my experience, I could make a difference.
Before Christi's accident, the Atkins had no idea their daughter was not covered by a workers comp insurance policy.
With the launch of the new workers comp program for trucking companies, Empire Underwriters is able to accommodate a range of classifications and risks including workers comp for long haul truckers, local delivery, Amazon parcel delivery companies, cement truckers and more.
The collapse of the Unicover workers comp reinsurance pool last year also has led to more insurers being careful about writing business to gain market share.
"Care management"--a coordinated approach to mointoring and managing the care an injured employee receives--is an often overlooked, but effective strategy for controlling workers comp costs

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