Knowledge Center

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March 17, 2022

NYCIRB Announces Withdrawal from the NCCI Experience Rating Plan

The New York Compensation Insurance Rating Board will now stand completely on its own just like NJ, CA, PA, DE, MI and all the monopolistic states.  It was recently announced that they are withdr...

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August 05, 2020

COVID-19 Workers Compensation Presumption: New Jersey Senate Bill 2380 

Senate Bill 2380, sponsored by New Jersey Senate President Steve Sweeney (D-3) and Assemblyman Thomas Giblin (D-34) was passed by both houses on Thursday July 30, 2020 and has been sent to Go...

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May 15, 2018

Spring Risk Forum Recap – Cannabiz: The Effects of Marijuana on Your Business

Employers today are facing an unusual challenge: Although medical cannabis is now legal in 29 states, including Pennsylvania, it remains illegal under federal law. How does that impact your c...

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November 29, 2017

Winter Weather Risks: Preventing Workplace Injury and Managing Claims

With the winter months quickly approaching, employers across all industries must prepare for cold weather hazards resulting from freezing temperatures. According to the Bureau of Labor Statis...

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October 25, 2017

Three Tips for Safe Patient Handling

A Bureau of Labor Statistics report revealed that across all industries, 33 of 10,000 full time workers suffered from overexertion injuries. However, this type of injury doubled when looking ...

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July 17, 2017

The Cost-Saving – and Safety – Benefits of BIM-Driven Prefabrication

According to JLL’s Construction Outlook, construction spending in 2016 rose 4.5 times higher than 2015 levels. Considering this sharp increase, many construction companies are looking for inn...

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April 04, 2017

Medical Marijuana & Workers Compensation: The Implications of Recent Legislation

Now that 28 states have legalized the medical use of marijuana, this legislation will inevitability impact how both employers and insurers handle impending workers compensation claims. Along ...

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October 25, 2016

Florida Regulators Approve 14.5% Workers Compensation Rate Increase

Last month, the rate impact of recent Florida Supreme Court rulings on the state’s workers compensation system was in the hands of regulators, as the Office of Insurance Regulation (OIR) deci...

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October 19, 2015

NLRB Browning-Ferris Decision: How it may Impact Your Business

In late August the National Labor Relations Board (NLRB) issued a decision involving Browning-Ferris Industries of California. According to the official statement on the NLRB’s site: In a 3-2...

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July 13, 2015

Understanding the NCCI Experience Mod

You might have heard of the term “experience modification factor” in reference to your workers compensation premiums but don’t have a clear idea of what this term means. Don’t worry. You’re n...

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June 08, 2015

The Value of Insurance Loss Data Analytics

Over your company’s lifespan, it is likely that you will change insurance carriers several times. In fact, you might switch insurance carriers five times in a ten year period. These changes c...

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May 04, 2015

Marijuana Legalization and Workers Compensation Considerations

With nearly 10 states considering legalizing medical marijuana, employers need to be aware of the possible impact to their workplace policies. While drug-free workplace policies put in place ...

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December 22, 2014

2015 Commercial Insurance Outlook: Decreasing Rates and Expanding Coverage

The commercial insurance outlook for 2015 shows decreasing rates and expanded coverage options. It may be the time of year when you are renewing your insurance program, or are budgeting for y...