Workers’ Comp Insurers Continue Cutting Their Rates

Posted on: November 15th, 2022 by Leaders' Choice Staff No Comments

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. But the party may soon be coming to an end, according to a new report. The California Department of Insurance in fact rejected the […]

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Contractors Will Need Comp Coverage Even If They Have No Workers

Posted on: November 8th, 2022 by Leaders' Choice Staff No Comments

A new law will require almost all contractors in California to carry workers’ compensation coverage, regardless of if they have employees or not. According to the author of the bill, State Sen. Bill Dodd, D-Napa, the new law was necessary due to the tendency of many small contractors to claim they have no employees, when […]

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Reporting Workers’ Comp Claims Late Can Push up Costs Nearly 50%

Posted on: June 8th, 2022 by Leaders' Choice Staff No Comments

One of the keys to keeping the costs of a workers’ compensation claim from spiraling out of control is prompt claims reporting. Claims are routinely filed late, either by the injured worker who fails to report it to the employer, or the employer dawdling or procrastinating and not reporting the claim to its insurer. Either […]

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Return to Work Not Just for Workers’ Compensation Claimants

Posted on: April 19th, 2022 by Leaders' Choice Staff No Comments

More employers are using return-to-work programs for injured workers even if they were not injured on the job, according to a study by Prudential Insurance Co. of America. Many employers have a return-to-work program for their injured employees because it cuts down on workers’ comp claims costs and lets the worker get back to feeling […]

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Workers’ Compensation Benchmark Rate Reduction Ordered

Posted on: July 27th, 2021 by Leaders' Choice Staff No Comments

California’s insurance commissioner has approved a 3.4% reduction in the average workers’ compensation benchmark rate as of Sept. 1, 2021. Ricardo Lara decided to order a rate decrease despite the fact that the Workers’ Compensation Insurance Rating Bureau, the state’s rate-making agency, had recommended that the average benchmark rate be increased 2.7%. The 3.4% reduction […]

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High Heat Increases Risk of Injuries for Inside and Outdoor Workers

Posted on: July 21st, 2021 by Leaders' Choice Staff No Comments

As many parts of the country are wrestling with ever-increasing temperatures during the summer months, a new study has found that the hotter the weather gets, the higher the risk of workplace accidents and injuries for both indoor and outside workers. The study by the University of California, Los Angeles, based on claims data from […]

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Workers’ Comp COVID-19 Payroll Reporting Rules Sunsetting

Posted on: July 13th, 2021 by Leaders' Choice Staff No Comments

The Workers’ Compensation Insurance Rating Bureau has announced that two temporary payroll reporting rules to reflect changes brought on by the COVID-19 pandemic stay-at-home orders will sunset. The move comes after Gov. Gavin Newsom’s June 9 executive order which revoked the statewide stay-at-home order that had been in place since March 19, 2020. You may […]

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Fudging Workers’ Comp Payroll Records Can Cause Major Problems, Even Jail Time

Posted on: May 24th, 2021 by Leaders' Choice Staff No Comments

The owners of a California flooring installation company allegedly underreported their payroll amounts to workers’ compensation insurers to the tune of $30 million, costing the insurance company almost $4 million in premiums. The men are each facing three felony charges. These are the potential consequences for those who deliberately falsify their payroll records and reports […]

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Recommendation: Workers’ Comp Rates Should Be Raised 2.7%

Posted on: April 29th, 2021 by Leaders' Choice Staff No Comments

In an unusual move, the Workers’ Compensation Insurance Rating Bureau of California has filed with the Department of Insurance a recommendation that benchmark workers’ comp rates in the state be increased by an average of 2.7%, effective Sept. 1 of this year. Typically, the Rating Bureau will only file for Jan. 1 or mid-year rate […]

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OSHA, Workers’ Comp Implications for Telecommuting

Posted on: February 3rd, 2021 by Leaders' Choice Staff No Comments

As more Americans work from home than ever before, many employers are wondering about their obligations under OSHA as well as how to reduce the chances that workers may be injured while telecommuting. Obviously, the chances of an injury when working from home are small. The most common issue that is likely to arise long-term […]

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