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In New York State, Workers Compensation Insurance is mandatory. NYS Workers Compensation law requires employers to obtain and keep current workers’ comp coverage for every employee. In an industry where illnesses and injuries are common, both employers and employees benefit from this type of coverage. Read more
Warning Signs of Workers’ Compensation Insurance Fraud
Workers’ Compensation insurance fraud is a growing trend, which can have serious financial repercussions. If you can learn to recognize common warning signs, you could save yourself from costly issues, like rising premiums, production delays and retraining costs. Read more
5 Strategic Workers Compensation Insurance Tips for Employers
Because injuries are a part of the job, every contracting business needs to have a strategy to handle Workers Compensation insurance claims. From workplace wellness programs to return to work initiatives, these five tips are geared to help you limit potential costs. Read more
The Disadvantages of a Self Insured Workers Comp Program
Although every contractor knows the benefits of Workers’ Compensation insurance, its cost can be a bitter pill to swallow. While it may seem advantageous to find a creative solution, cutting corners by enrolling in a self insured workers comp plan is not usually the best business move. Read more
How to Address Workers Compensation Fraud
Contractors sign up for Workers’ Compensation insurance to protect employees who are hurt on the job. Although most claims are legitimate, workers compensation fraud is common. Bogus claims can add up to big losses for not only insurance carriers but employers, too. Read more