Phil Larson’s Post

My team and I work with you and your business to: - Review your current workers’ compensation policy - Verify geographic hiring and job site exposures - Ensure all states are properly accounted for on the policy In addition, USI’s analysis of workers’ compensation insurance programs can identify other opportunities to reduce uninsured exposures and create premium savings. Contact me to learn more and see how we can get the most value for your insurance dollar!

Workers' Compensation litigation is a hot button trend for employers. Below is our latest article. Reach out if you have questions and would like USI to start our analysis.

While workers’ compensation laws, insurance requirements and benefits available vary by state, very few business owners are aware of how this can impact coverage. Workers’ compensation policies do not automatically extend coverage to other states unless they are specifically requested by the employer (the insured) and listed on the policy’s information page. The workers’ compensation law of the state where an employee is injured determines what benefits are provided — not the policy. Contact me to learn how USI is helping businesses manage their Workers Comepnsation: [email protected] #commercialinsurance #workerscompensation #usioneadvantage

Most states require employers to carry workers’ compensation insurance, and impose strict penalties if the employer does not. While most employers are aware of their home state’s laws, many overlook the exposures created when employees are temporarily working outside of the state in which payroll is reported for workers’ compensation. If the employer, or their insurance broker, has not structured their workers’ compensation coverage correctly, these incidental “other state” exposures can lead to both underinsured losses and potential legal consequences. #workerscompensation #commercialinsurance #usioneadvantage

Why are businesses moving out of California to Texas? One reason is that Texas does not require businesses to provide Worker's Compensation coverage/insurance for employees. However, Texas does require all employers with or without Workers' Compensation insurance coverage, to comply with reporting and notification requirements under the Texas Workers' Compensation Act. So, would you rather work in Texas or California? #workerscompensation #texas #texaslaw #california #californialaw

Workers’ compensation is a state-mandated insurance program that provides benefits to employees who suffer work-related injuries or illnesses. The system aims to protect both employees and employers by providing financial support to injured workers while limiting the employer’s liability. Filing a workers’ compensation claim in Pennsylvania can be challenging, but understanding the steps involved can help ensure a smoother experience. When Should I Report a Work-Related Injury? In Pennsylvania, it is important to report any work-related injury or illness to[...] Read More

About 56 percent of business owners say managing workers' compensation and risk management is their number one HR challenge. Due to its confusing nature, business owners may struggle to understand exactly what workers’ compensation insurance is. Workers' compensation, also often called workers' comp, is insurance that provides employees with certain benefits if they suffer a work-related injury or illness. #workerscomp #insurance #businessowner

Your business’s workers’ compensation experience modification factor is impacted by many variables — and has a direct correlation with your insurance premium costs. Learn more in our new #USIExecutiveSeries article: #Homecare #Hospice #Grouphomes #skillednursing

The safety of your organization is critical to it's wellbeing. A strong safety culture keeps employees safe and happy and keeps workers compensation costs down. NCCI, the National Commision on Compensation Insurance, is making changes to way the Experience MODification is calculated. What we see so far is that if your losses are below average you should see a decrease. However, if you are struggling and your losses are higher than the average you could see a substantial increase. We have programs we provide to our clients to assist in the decrease of accidents and injuries. By understanding your individual situation we can put an action plan in place. https://lnkd.in/eGG_dskS #usi #usioneadvantage #workerscompensation

Workers’ compensation is like a safety net for employees who get hurt at work or become sick because of work conditions. Employers pay an annual insurance fee to an insurance company, and if something happens to an employee, the worker can get benefits like medical care and lost wages by filing a claim with the insurance company. https://zurl.co/eRE4 #InjuredAtWork #DisabilityBenefits #WorkInjuryRecovery