Workers Compensation Insurance Archives - Page 8 of 13

Owing Money to the New York State Insurance Fund

We wrote this article to help folks understand what their options are when they want to return to the New York State Insurance Fund, usually because the private marketplace won’t provide coverage due to class of business or poor loss history.…

Late Reporting of Employee Injuries will Lead to NY Workers Comp Board Fines

Claims Management, HR Challenges, Workers Compensation Insurance

At Metropolitan Risk, our best practice clients understand the critical importance of getting employee injuries into the workers compensation system. Each injury that goes undetected or unreported costs the employer up to 39% more for the same…

Working on a Wrap Project: You're Not As Protected As You Think

Claims Management, Construction Practice Group Content, General Liability Insurance, Workers Compensation Insurance

I work with high risk businesses every day, and sometimes, when I think I’ve seen it all, something new comes around to surprise me. Many large construction projects will use a “Wrap” or an “OCIP/CCIP” (For more info on what this…

Important Updates to Your Experience Mod

Workers Compensation Insurance, Workers Compensation Premium Audits

The NCCI (National Council on Compensation Insurance), is a group that calculates Experience Modification Factors for companies across the entire United States. Some states have their own rating bureaus due to their size and complexity. For…

Essential Keys to Transform Your Goals into Achievements

Construction Practice Group Content, Food & Beverage Practice Group Content, Human Services Practice Group Content, Risk Management, Transportation Practice Group Content, Workers Compensation Insurance

Do you ever wonder how successful people consistently achieve their goals? Have you unlocked why you achieve certain goals while others fall short? Do you want to transform goals to achievements? Many companies start the new year with new…

December 14 News From Around the Marketplace

Construction Practice Group Content, Other, Risk Management, Transportation Practice Group Content, Workers Compensation Insurance

Injured Construction Worker in Queens Gets Record $62 Million Single-Plaintiff Award - N.Y. Post A construction worker who was injured on the job has been awarded $62 million — the largest lawsuit verdict for a single plaintiff in Queens. The…

How These Companies Experience 48% Less Safety Incidents

Construction Practice Group Content, Food & Beverage Practice Group Content, General Liability Insurance, Human Services Practice Group Content, Loss Control, Risk Management, Transportation Practice Group Content, Workers Compensation Insurance

I had the opportunity to listen to Tony Robbins speak for the first time this past month. He spoke for nearly 3 hours about the power of “engagement” and how it can help you gain a competitive edge in both your business and personal…

Does it Make Sense to Pay Injured Employees Twice or Even Three Times?

Claims Management, Construction Practice Group Content, Food & Beverage Practice Group Content, HR Challenges, Human Services Practice Group Content, Loss Control, Risk Management, Transportation Practice Group Content, Workers Compensation Insurance

Unfortunately this is a question facing both interstate and intrastate trucking companies whose home office is in state “A” but they operate in states B,C,D,E. etc… These companies face what is called Multi-State Exposure. This occurs…

The Two Biggest Mistakes Businesses Make When Purchasing Insurance – Part I

Construction Practice Group Content, Food & Beverage Practice Group Content, General Liability Insurance, Human Services Practice Group Content, Risk Management, Transportation Practice Group Content, Workers Compensation Insurance

Whether you are a business owner, CFO, or the lead operational muckety-muck, you get a pit in your stomach when it’s time to renew your company’s insurance program—a common theme we have heard in 20-plus years consulting with businesses…