Employee Retention

Workers aged 60 and older represent the fastest-growing segment of the labor force, and their increasing presence continues to impact the workers compensation market.

While stable, the workers compensation market is facing underlying pricing pressures that are set to adversely impact the market nationwide.

While some recent trends have influenced the mergers & acquisitions marketplace, it certainly hasn’t been interrupted.

In a change from the norm, companies are holding onto their employees because the risk of not being able to rehire is too great. Meanwhile, workers are staying put, wary of making a move in an uncertain environment.

As the soft workers comp market continues, here are three risk management tips agents can provide to their clients to get the most out of their coverage.

There is a growing recognition of the importance of mental health in the workplace, with many states enacting laws to include post-traumatic stress disorder and other mental health conditions under workers comp benefits.

Agency errors & omissions coverage has been impacted by the hard market, with premiums increasing over the past few years, and difficulty in replacing waves of retirees with younger workers.