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.
The coverage allows small business owners with multiple locations to easily secure coverage through a single policy.
Construction is the largest sector in workers compensation by premium and any changes to claims frequency will impact the entire workers comp market.
The program offers customized solutions that help businesses enhance workplace safety and maximize the value of their workers compensation programs.
Insurance agents play a key role in helping their clients prevent injuries, reduce claims, protect the health of their employees and safeguard the financial health of their businesses.
Arrowhead announced that it will begin offering commercial auto insurance to its workers comp clients in construction-related industries.
As the business sector continues to develop with new technologies, such as artificial intelligence (AI), agents can add value to their client relationships via numerous paths.
With a total combined ratio of 86 for 2023, the workers compensation market continued to waltz its way through another profitable year.
Atlas is able to write businesses with high experience modifications, large accounts, high- to low-hazard solutions, new ventures and businesses with up to a 30-day lapse in coverage.
With positive financial results in the workers comp market, agents can expect clients to consider the cost of their coverage and whether they can save money by switching providers in a competitive market.
