For employers workers’ compensation fraud can be an issue. We previously discussed how you can detect a fraudulent compensation claim. But the good news is there are several things employers can do to make their workplace open, safe and productive. 1. Foster a Fraud-Free Workplace. Start by talking to your employees about workers’ compensation. You […]
New OSHA Regulations for July 2018
ANNOUNCING NEW OSHA REGULATIONS STARTING JULY 1, 2018 DO THESE CRITERIA APPLY TO YOUR BUSINESS? Your company has 10+ employees. Your company is NOT listed on OSHA’s industry exemption list. (Not sure if you are on the exemption list? Check here.) IF YOU ANSWERED “YES”, YOU WILL NEED TO START REPORTING WORK-RELATED INJURIES TO OSHA. If your employee misses more than 24 hours from work due to a workplace injury, you are required to […]
Workers’ Compensation Insurance Premium Increase? Why?
HERE IS WHY. The California Worker’s Compensation Insurance Rating Bureau (WCIRB) has changed how they calculate your company’s Experience Modification (X-Mod) effective January 1, 2017. OLD CALCULATION. Prior to 2017, the first $7,000 reserved on any claim (the primary threshold) fully counted against your business. The remaining reserves counted slightly (the excess threshold). For a […]
Top 10 Questions About Workers’ Compensation
Every employer is required by law to carry workers’ compensation insurance. If you are looking for coverage or need more information with a workers’ compensation claim, ask your insurance broker the following questions so you know what to expect. Your insurance broker should be your partner looking out for your best interests and giving you […]
Top 5 Recruiting Methods in 2018
One of the top struggles facing businesses today is the lack of quality candidates and managing the employee lifecycle effectively. With this in mind, DHW Insurance Brokers has compiled a list of the top tips and tricks to help attract and secure top talent regardless of your industry. 1. TREAT TOP CANDIDATES LIKE YOU WOULD […]
How To Protect from Workers’ Compensation Fraud?
By some estimates, as much as 25 percent of all U.S. insurance fraud claims are related to workers’ compensation. Although small businesses are least likely able to cope with the ensuing expenses, they are the ones that are hit the hardest each year by workers’ compensation claims. “Workers’ compensation fraud is a serious crime that can […]
