As most business owners know, workers compensation insurance is a state-mandated insurance program that provides benefits to employees who are injured or become ill as a result of their job. In return for this protection, employers are typically required to pay premiums to a workers compensation insurance carrier. While workers compensation insurance is designed to…

Workers compensation associations are always looking for ways to manage risk. One way to do this is by purchasing reinsurance. Reinsurance is insurance that is purchased by an insurance company from another insurance company. The purpose of reinsurance is to protect the insurance company from losses that may occur from claims that are filed against…

Workers compensation insurance is a type of insurance that provides benefits to employees who are injured or become ill as a result of their job. Workers compensation insurance is required in most states, and it is typically offered by employers as part of their benefits package. While workers compensation insurance is designed to protect employees,…

In the United States, workers compensation insurance is a state-mandated insurance program that provides benefits to employees who are injured or become ill as a result of their job. Benefits can include medical expenses, income replacement, and death benefits. Workers compensation insurance is typically provided by employers as part of a benefits package, but some…

When it comes to workers compensation, no one wants to be the one who is left footing the bill for an injury. This is where reinsurance comes in. Reinsurance is insurance for insurance companies. It is a way for insurance companies to protect themselves from large payouts in the event of a catastrophic loss. Reinsurance…