The business community in the state of Wisconsin will benefit from lower workers comp premiums in 2020. The Wisconsin Chief Insurance Regulator annouonced back in July of 2019 that it had approved an overall 8.84% decline in premium. These Wisconsin Workers Compensation Insurance Rates were made effective as of Oct. 1st, 2019…. Read more »
Oregon Workers Comp Rates in 2020 will be declining for the 7th year in a row. Next year the declines will amount to an 8.4 percent decline compared to the previous year. In 2019, the Oregon Business Community enjoyed 9.7 percent declines. Altogether, the declines have equaled 45 percent over… Read more »
Idaho Workers Compensation Rates again head in the right direction The Idaho Department of Insurance as of October 2019, has approved a proposal for a 6.2 percent overall rate decrease to Idaho Workers’ Compensation Insurance. This decrease goes in to effect on Jan. 1, 2020. Before this announcement, Idaho Workers Compensation was… Read more »
California Workers Comp Rates 2020 are going to be declining for the fifth straight year. The average of the Jan. 1, 2020, advisory pure premium rates are $1.58 per $100 of payroll. If adopted, this would be the ninth consecutive pure premium rate decrease since 2015 totaling roughly 45 percent. This… Read more »
Here is How to Best Prepare your Businesses for a Workers Compensation Audit. At the end of each insurance term, a workers compensation audit takes place for all businesses. For most businesses this is a straight forward process. Depending upon the size and scope of a business, the audit can… Read more »
Janitorial Services, Electricians, Lawncare, Restaurants, Trucking and Floor Installation are Businesses with Unique Workers Comp Risks Unique Workers Comp Risks Can be difficult for a small business to prepare. In most states, Workers Compensation Insurance is required by law for most businesses. Each state has some exceptions that allow some businesses to… Read more »
Pay as You Go Workers Compensation Insurance can help businesses save on premium and prevent gaps in coverage Pay as You Go Workers Compensation Insurance is a way for seasonal and cash strapped businesses to pay Workers Compensation Insurance Premium in real time. With a Pay as You Go Policy, the… Read more »
In 2019 Nevada Workers Compensation Rates will be Some of the Lowest in the Country Effective the first of March, 2019; Nevada Workers Compensation Rates will be 8.1% lower than the previous year. This is great news because rates on coverage were already the 46th most expensive state for purchasing… Read more »
Utah Workers Compensation Rates 2019 The Utah Workers Compensation System is different from the way other states administer the ‘Exclusive Remedy’. The business community benefits from these differences in the form of some of the lowest rates for workers comp premium in the United States of America. In the state… Read more »
And Who Might Benefit From a Ghost Policy? A Ghost Insurance Policy is a type of Workers Compensation Insurance Policy where the owner of a business is excluded from coverage and they are the only employee of the business. There must be no additional employees for the business in order for a… Read more »