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Why You Should Investigate All Jobsite Accidents

OSHA encourages employers to investigate all accidents in which a worker was hurt, as well as close calls — sometimes called “near misses” — in which an individual might have been injured if the circumstances had been slightly different. The agency suggests using the term “incident investigation,” since nearly all accidents are preventable. Reasons to

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Long COVID Workers’ Comp Cases Can Linger, Adding to Costs

Workers’ compensation insurers are grappling with covering claims for workplace COVID-19 infections that develop into long COVID, as those claims may stay open for years in some cases. For companies in states that adopted laws requiring workers’ comp insurers to cover claims for employees who contracted COVID-19 in the workplace, a long-COVID claim can become

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Commercial Auto Insurance Rates Accelerate as Pressures Rise

Skyrocketing claims costs and higher accident rates are pressuring the commercial auto insurance market, as insurers impose increasingly larger rate hikes and more are pulling out of the market or restricting who they will cover. While rate increases have been the standard for nearly a decade, since 2022 hikes are growing larger — often in

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Prices Ease for Cyber Insurance

After two years of massive rate increases, cyber insurance market pricing has been softening and transitioning into a buyers’ market, according to a new report by Aon Plc. In 2021 and 2022, 100% rate increases for cyber liability insurers were common, but a number of factors are finally starting to drive rates lower. Experts recommend

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New Employees 34% of Workers’ Comp Claims

Employees who have been on the job for less than a year account for one-third of workers’ compensation claims, according to a new report. Injuries suffered by new workers in their first year on the job account for nearly 7 million missed workdays a year due to injury, according to the “2023 Injury Impact Report”

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Follow the Law When Hiring Teens during the Summer

You may be considering taking on some extra workers for the summer months, and often many employers will gravitate towards hiring teenagers looking for temporary work. If you are planning on hiring any workers under the age of 18, you should familiarize yourself with federal and any state laws on child labor restrictions. The Fair

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Training Your Staff to Respond to Medical Emergencies

If one of your employees had a serious medical emergency while at work, would your staff know how to respond? Unfortunately, most U.S. employees are not prepared to handle cardiac emergencies in the workplace because they lack training in CPR and first aid, according to the American Heart Association. The AHA found that most workers do

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Rating Agency Recommends Tiny Workers’ Comp Rate Increase

In a sign of the long-lasting effects of reforms enacted a decade ago, California’s workers’ compensation rate-making agency will recommend that average benchmark rates increase a mere 0.3%. The recommendation by the Workers’ Compensation Insurance Rating Bureau is based on claims costs and frequency remaining low and slower cost inflation and would apply to policies

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