Workers’ compensation is a system of no-fault insurance that provides monetary compensation and medical benefits to employees, or their survivors, for work-related injuries, diseases and deaths. … [Read more...]
What’s Your Cost of Risk Management?
Whether it’s computing injury claims costs or “inventory shrink” due to employee theft, the cost of both pure and speculative risk affects the price of your wholesale or retail risk management … [Read more...]
2022 OSHA Penalty Amounts
The Department of Labor (DOL) recently released its 2022 inflation-adjusted civil monetary penalties that may be assessed on employers for violations of a wide range of federal laws, including the … [Read more...]
4 Components of Cyber Risk Management
If your company stores data and information digitally, you should have a cyber risk management program that addresses prevention, disclosure, crisis management and insurance coverage in the event of a … [Read more...]
Five Strategies for Reducing Workers’ Compensation Costs
When a company experiences significant increases in workers’ compensation costs, it usually triggers internal activities aimed at reducing insurance costs and spending. The key to spending fewer … [Read more...]
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