Workers Compensation

In the third quarter of 2018, workers comp was the only commercial line to clock a composite decrease, with average rate changes coming in around -3%.

Independent agent Jon Erickson invests a lot of time in educating his clients about ways to avoid workplace injuries. “Workers compensation costs can be controlled with risk management more than other lines of insurance,” he says.

Record flu seasons like this one beg the question: Is the flu considered an occupational illness?

If an employer’s hiring processes are too relaxed or they fail to invest in the proper insurance coverages, they could end up facing costly fines, potential lawsuits and possible reputational damage.

How do you corner the workers comp market as an independent agent? First, learn experience mods inside and out, says Andrew Atkinson. Second, “it’s not enough to just know it—you have to know how to explain it to somebody who runs a business.”

Just because workers compensation insurance is mandatory doesn’t mean you can afford to be lazy. To make the client/agent relationship count, you have to be proactive.

What’s driving rate decreases in workers compensation? Here’s what you need to know about the challenges this market faces in 2017 and beyond.

Your clients have employees who are willing to travel across state lines to get the job done. But will their workers comp coverage follow?

A college wants to cover students who participate in off-campus internships as employees.

More than 4,000 small and independent microbreweries, brewpubs and regional craft breweries now represent 12% of the overall beer industry. In response to this steady growth, BreweryPak now offers workers compensation specifically for breweries.