“Each year, state law typically requires every workers’ comp insurance company to perform an audit of the premium paid.” “It’s important to keep in mind that this audit is required and ...
With an eye on reducing fraud and clarifying reporting requirements within Connecticut's workers’ compensation system, new ...
What Factors Determine Workers’ Compensation Premiums? Key factors affecting workers’ compensation insurance premiums are your industry, payroll and claims history. Your state’s worker ...
Texas is the only state that doesn’t mandate that companies provide workers’ compensation for their employees. State laws also require regular audits of your workers’ comp policies to ensure you are ...
Workers’ compensation, on average, costs about 1 percent of your total payroll according to a 2021 report from the National Academy of Social Insurance. While that might not seem like ...
January 07, 2025 - 2024 was a busy year for officials in state regulatory agencies and legislatures as they addressed workers' compensation rates and laws in an effort to reduce costs for ...