New York, NY – Marsh recently released a new report noting that six months after COVID-19 was declared a pandemic, claims of COVID-19 exposure in the workplace have been outpaced by a decline in other types of reported occupational injuries. The workers’ compensation insurance market also remains competitive, with average premiums having renewed between -5%… [Read more]
Risk Management News
Cal/OSHA Issues Citations to Grocery Stores for COVID-19 Violations
Los Angeles, CA – Cal/OSHA has cited five grocery stores in Southern California for failing to protect their employees from COVID-19. The retailers listed below were cited for various health and safety violations including some classified as serious, with proposed penalties ranging from $13,500 to $25,560. “Grocery retail workers are on the front lines and… [Read more]
NCCI Releases Report on Drug-Free Workplace Premium Credit Programs
Boca Raton, FL – NCCI recently released a new research brief on Drug-Free Workplace Premium Credit Programs, noting that legalization of marijuana, both recreational and medical, has been an active issue over the last few years, and its implications for workers’ compensation are still being evaluated. One question naturally arises—what are the implications of the… [Read more]
WA L&I Issues COVID-19 Hazard Alert on Hospital Worker Safety
Tumwater, WA – Concern over COVID-19 cases in hospital workers has prompted the Washington State Departments of Labor & Industries (L&I) and Health (DOH) to clarify and update hospital guidance to prevent the spread of the virus to staff and patients. The state Hazard Alert (PDF) issued today highlights key worker safety and health requirements… [Read more]
CA State Fund Declares $75 Million 2020 Mid-Year Dividend
Pleasanton, CA – State Compensation Insurance Fund (State Fund) recently announced plans to distribute an approximate $75 million dividend to its qualifying policyholders with policies that took effect between January 1 and August 26, 2020. This dividend equals approximately 10% of the estimated annual premium reported during that period. State Fund’s Board will consider dividends… [Read more]
Texas Mutual Announces 2020 State of Workplace Safety Virtual Summit
Austin, TX – Texas Mutual Insurance Company recently announced its 2020 State of Workplace Safety: The Work Safe, Texas Online Summit. During the one-hour virtual summit on September 2, attendees from across Texas will learn from safety professionals about best practices for building and maintaining workplace safety in the midst of a global pandemic. Texas… [Read more]
AF Group Selects Convr to Accelerate Underwriting Transformation
Chicago, IL – Convr, formerly known as DataCubes recently announced that AF Group will utilize Convr’s AI platform to reduce time to quote while improving accuracy and the customer experience for their digital acquisition program. “After a thorough review of all options on the market, Convr was the clear choice for us based on the… [Read more]
NSC Honors 37 Organizations with 2020 Industry Leader Awards
Itasca, IL – The National Safety Council announced 37 organizations will receive Industry Leader Awards in 2020 for excellent safety performance within their industries. The Industry Leader Awards are one component of the NSC Occupational Awards Program, which recognizes outstanding safety achievements of NSC members and represents the top 5% of member companies that have… [Read more]
CA WCIRB Releases 2021 Experience Modification Estimator
Oakland, CA – The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has released its 2021 Experience Modification Estimator for insurers, agents and brokers to help policyholders understand how payroll and claims experience will affect the computation of their 2021 experience modification (X-Mod). By entering policyholder-specific payroll, classification and claims information into the Estimator, users… [Read more]
LWCC Announces 2019 “Safest 70” Award Winners
Baton Rouge, LA – LWCC recently announced the 2019 Safest 70 Award recipients. Established in 2008, this award was created to honor Policyholders who share LWCC’s commitment to workplace safety and acknowledge customers leading the way in employee health and wellness. “Our efforts to promote workplace safety and reduce claims costs have resulted in lower… [Read more]