Tag Archives: Workers Comp

California Workers Comp Rates 2020

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California Workers Comp Rates 2020 are going to be declining for the fifth straight year. The average of the Jan. 1, 2020, advisory pure premium rates are $1.58 per $100 of payroll. If adopted, this would be the ninth consecutive pure premium rate decrease since 2015 totaling roughly 45 percent. This… Read more »

5 Industries that benefit from Pay as You Go Workers Compensation

Pay as You Go Workers Compensation Insurance can help businesses save on premium and prevent gaps in coverage  Pay as You Go Workers Compensation Insurance is a way for seasonal and cash strapped businesses to pay Workers Compensation Insurance Premium in real time. With a Pay as You Go Policy, the… Read more »

Louisiana Workers Compensation Rates 2019 Are Declining

5 years of Continued Declines for Louisiana Workers Compensation Rates 2019 Starting on May 1st, 2019 the Business Community will be saving 5.6 percent on average for Louisiana Workers Compensation Rates 2019. Louisiana Insurance Commissioner Jim Donelon said, “Rates have had a cumulative drop of 19 percent over the last… Read more »

Connecticut Will Experience 17% Decline in Workers Compensation Rates in 2019

Connecticut Workers Compensation Insurance Rates are going to be going down in 2019!!! Connecticut Workers Compensation Rates are on the decline for next year. Decreasing by an average of 17%. This is a significant amount of a decline and it marks the fifth year in a row that businesses have paid less… Read more »

Workers Compensation Florida Rates 2019

Volatility in Workers Compensation Florida Rates 2019 Continues This year the Workers Compensation Florida Rates 2019 are moving in a positive direction for small business owners. The Florida Insurance Commissioner, David Altmaier, has approved a revised workers compensation rate filing of 13.9 % decrease.  According to Altmaier, ‘The rate increase… Read more »

Pay as You Go Workers Compensation

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Pay as You Go Workers’ Compensation Insurance is designed to allow business owner’s to pay their insurance premium’s monthly instead of in one lump sum. In many cases this can help business owner’s free up cash their business so desperately needs for other more urgent expenses. If you are a business… Read more »

Florida Work Comp Market still in Flux

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This time the Florida Work Comp Market is benefiting the Business Owners who are getting a 9.6% decrease. For more than a year now, the Florida Work Comp Market has been unstable to say the least. A year ago the National Council on Compensation Insurance (NCCI) recommended a 14.5percent increase… Read more »

Florist

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As a florist, a business owner has chosen an industry that is very diverse and has specialized business insurance needs.  Those insurance needs differ from other small businesses. The diversity of this industry can include providing arrangements for both weddings and funerals. Many of these occassions require you to provide just the… Read more »

What is the Walsh Test?

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And why does the W.A.L.S.H. Test matter for your small business? The W.A.L.S.H. Test is an acronym that is used to determine jurisdiction for a Workers’ Compensation Insurance Claim when a claim occurs involving more than one state.  Because workers comp systems are governed by the individual states, it is difficult… Read more »

Food Trucks are booming

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The food truck industry is booming in 2017. All over the country, food trucks are popping up serving everything from fish tacos to barbecue sandwiches, to even Thai food. Because of this explosion in the food truck industry, more and more companies are needing insurance coverage for their new food… Read more »