According to the Bureau of Labor Statistics, California has the highest cost of workers' compensation insurance. CA displayed an average rate almost 188% higher than the study medium in a 2018 study.
Key factors affecting workers’ compensation insurance premiums are your industry, payroll and claims history. Your state’s worker compensation laws will impact your workers’ compensation ...
Workers' comp insurance can help provide financial protection for employees who suffer work-related injuries or illnesses. It ...
Employers in California are also paying more for workers' compensation in the form of higher premiums than if provided by employer-sponsored health insurance and Medicare. Under workers' compensation, ...
Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a ...
Failure to carry workers' compensation insurance or otherwise meet a state's regulations in this regard can leave an employer exposed not only to paying these benefits out of pocket, but also to ...
In most states, workers’ compensation insurance is required by law. However, there is a patchwork of laws across the country. Ghost workers’ compensation policies aren’t available, for example, in ...
NEXT Insurance, a digital insurtech company transforming small business insurance, announced a new offering to support small ...
California workers will have a little ... "The State Disability Insurance program is funded by workers. In 2025, the amount of benefits an eligible worker can receive will be going up to better ...
The U.S. workers’ compensation (workers’ comp) insurance industry experienced its second best underwriting result in the past 20 years in 2023 with a net combined ratio of 87, the ninth consecutive ...