Archive for the ‘workers comp’ Category

Workers Compensation Premium Recovery Helps NJ Employers with Higher 2014 Maximum Weekly Indemnity Benefits

November 11, 2013 The New Jersey Division of Workers' Compensation announced that the maximum weekly indemnity benefit for injured workers will be $843 in 2014, and the minimum weekly benefit will be $225.  This is an increase from $826 maximum weekly indemnity benefit and $220 minimum weekly benefit in 2013. New Jersey law requires that […]

Workers Comp Insurance Assessments Down 25% in New York for 2014

October 24, 2013 Finally some great news for New York employers:  On October 23rd The New York Workers’ Compensation Board announced that New York State’s employers assessments will be at 13.8% in 2014, compared to 18.8% in 2013.  This means a 25% decrease in assessments for New York employers in 2014. The previous system was […]

Healthcare Workers Comp Injury Rates Among the Highest of any Profession

October 1, 2013 WorkCompWire Workers in the healthcare industry suffer higher on the job injuries than most other professions, with more than two million reported lost work days in 2011. Despite this, the focus of safety in healthcare facilities has been primarily on patient safety, according to Safety Culture in Healthcare, The $13 Billion Case, […]

Questionable Workers Compensation Claims on the Rise

September 25, 2013 National Insurance Crime Bureau The total number of workers' compensation claims across the nation is dropping but the number of questionable claims is rising, according to a new study. Over the last 2 1/2 years, the number of workers filing compensation claims has dropped from 3.35 million in 2011 to 3.24 million […]

Workers Compensation Claims Adjustors Handling Too Many Files?

Risk & Insurance July 24, 2013 Managing workers' compensation claims imposes a constant test of personal judgment, team skills and support systems. But the conventional image of a person at the center of this function, the claims adjuster, portrays a rules-bound, beleaguered worker of marginal professional stature. This role or image conflict seems ever more […]