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Workers’ Comp Insurers Continue Cutting Their Rates

InterWest Insurance Services

Despite the Workers’ Compensation Insurance Rating Bureau recommending that benchmark rates in California be increased in the last two years, the rates that insurance companies are charging for coverage continue falling. As of June 30, 2022, the average charged rate for workers’ comp in California was $1.74

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NJ Supreme Court to Review Workplace Insurance Exclusion

Workers' Compensation

The NJ Supreme Court will review whether a workers’ compensation insurance company has a duty to defend an employer against personal injury claims brought by the employer’s employee under an employer's liability insurance policy. The insurance company denied coverage based on the policy's "Employer's Liability EII exclusion."

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How prepared are workers’ compensation systems for COVID-19?

Workers' Compensation Perspectives

Regardless of the workers’ compensation model (private insurance, competitive state fund, exclusive state fund), every insurer has to prepare for the unexpected. Afterall, insurance is the transfers the financial risk of rare but costly events from the insured to the insurer. Source: 1918 Annual report ibid.,

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Top Ten Priorities for Workers’ Compensation Benefit Reforms

Workers' Compensation Perspectives

Workers’ compensation “reforms” are typically focused on reducing employer costs. Enacted reforms often result in restrictions that limit rather than enhance benefits to workers. Sadly, even the minimum levels recommended by that report are often missing from current workers’ compensation statutes.

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Oregon High Court Says Board’s Order Assessing Penalties Against Comp Insurer Lacked Clarity

The Workcomp Writer

The Court said that it could not determine from the board’s order if its decision had been based upon an imputed knowledge theory, under which an improper motive for the employer’s of the injured worker’s employment would have been imputed to the insurer—or under a direct knowledge theory, for which there was no evidence. 1, 2023 Ore.

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10 Companies Offering Work from Home

HR Digest

The number of people who work from home has increased by 140 per cent since 2005. It offers health care products and insurance services. Anthem is a healthcare service provider and provides health insurance across the United States. Humana is a leading healthcare company and the third-largest health insurance provider in the US.

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Labor Market Mobility in India

Global People Strategist

Despite the deplorable working conditions and low wages in rural India, workers choose to stay in their villages instead of relocating to more developed settlements. The 2005 India Human Development Survey reported a migration rate of the male rural-urban population to be 6.8%. Detrimental Insurance Policies.