According to the federal Centers for Disease Control and Prevention, over 230,000 workers in the United States sustained nonfatal injuries from slips, trips, and falls in a recent year, each resulting in one or more days away from work. Although some of these injuries were only temporarily disabling, others left workers permanently disabled. This highlights […]
Articles and news about business and commercial insurance
Effective January 1, 2013 Texas employers or those companies that have Texas employees will need to notify their employees if they carrier workers’ compensation insurance. If companies offer work comp your carrier should provide you the information necessary to be compliant. Employers are required to provide written notice of coverage to new employees upon hire. […]
Driver distractions or inattentive driving play a part in one out of every four motor vehicle crashes. That is more than 1.5 million collisions a year and 4,300 crashes daily, according to the National Highway Traffic Safety Administration. Text messaging, changing radio stations, even turning around to talk to passengers can prove deadly. The I.I.I. […]
The U.S. government is making it easier for small businesses to beef up defenses against cyber criminals through a free, online tool, the top U.S. communications regulator said Monday. The Small Biz Cyber Planner will allow business owners to create customized cybersecurity plans by answering basic questions about their company and its online presence. “Forty […]
Claim frequency for workers compensation injuries increased 3% in 2010, marking the first increase since 1997. Although claim frequency is up, the good news is that NCCI Holding’s latest data reveals that the growth in average indemnity and medical cost per claim slowed in 2010. 2010 Overall Trends * Claim frequency for lost-time claims in […]
Given that back pain is one of the most common reasons that U.S. employees give for missing work, it should be a major concern for employers. The American Chiropractic Association reports some 31 million Americans experience low-back pain at one point or another during a year. Back pain, although common, isn’t necessarily always serious in […]
September is National Preparedness Month, providing an opportunity for agents to reflect on helping their clients be proactive. Disaster planning is also an agency’s greatest defense in the event of an emergency though. Has your firm taken the necessary precautions to survive and succeed during a natural disaster? “We have quite an extensive recovery plan […]
Trusted Choice independent insurance agents of Oklahoma are proud to be sponsoring the Food for Kids Backpack Program of the Regional Food Bank. Now through September 30 Trusted Choice insurance agents will be one of four sponsors to match contributions made to the Regional Food Bank. So for every dollar contributed the amount will be […]
The number of workers covered by workers’ compensation dropped by 4.4 percent in 2009, the biggest decrease in two decades. Also, according to a report by the nonprofit National Academy of Social Insurance, employer costs for benefits fell by 7.6 percent to $73.9 billion in 2009, reflecting the overall decline in employment. “As one might […]
By James Ryan, Executive Director of Sedgwick CMS In the last several years, our nation has been in the throes of the worst recession since the Great Depression. While the Great Recession brought plenty of challenges for the workers’ compensation industry—including increased potential for fraud—during this time our country also underwent significant comprehensive health reform. These […]
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Prime Pharmacy Network Change Effective Jan. 1, 2017 for Fully Insured Group and Retail Market Plans
Effective Jan. 1, 2017 (regardless of renewal date), CVS...