Since summer, employers have been complaining that their workers’ comp premiums are not falling fast enough under the system’s reform. But by at least one measure the market has improved: the ...
Workplace injuries are a reality for your business because workers can be injured while performing numerous tasks. The United States Bureau of Labor Statistics reported 2.6 million nonfatal workplace ...
Workers’ compensation (WC) insurance is designed to protect employees who suffer work-related injuries or illnesses and offer crucial support during times of need. However, there is a darker side to ...
Workers' compensation rates stem from various factors, including industry risk, claims history and payroll costs. Here's what you need to know about workers' compensation, and how to keep costs down.
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...
On December 6, 2024, Governor Kathy Hochul signed new legislation, S.6635/A.5745, to support employees facing job-related mental health issues. The law, which went into effect on January 1, 2025, will ...