Workers' comp, among a few other types of insurance, is regulated at the state level. Each state has its own set ofworkers' comp lawsthat regulate and govern it, with certain regulations depending on the type and size of the business. If you're a sole proprietor or partnership, some sta...
Workers’ Compensation Insurance is required by law in almost every state. Workers’ comp laws are designed to ensure that employers pay for some part of the cost of injuries—or in some cases, of occupational diseases or even death—received by employees in the course of their work. To lear...
Advisory OrganizationThe new designation, recently coined by the National Association of Insurance Commissioners for an entity known as arating bureau(such as the National Council on Compensation Insurance). This new term is meant to reflect more accurately the role of NCCI and other such organization...
If you have employees, you will need to have workers’ compensation (also called workman’s comp or workers’ comp) insurance as well. But how do you know what your coverage should be? Too much coverage will cost the company money unnecessarily, while too little could leave the business ...
Workers Compensation is an insurance policy that’s compulsory for most employers. If one of your people is injured or becomes sick in the course of their work, it will help them cover any medical expenses, rehabilitation costs and loss of earnings. This helps injured workers recover and get ...
This course provides in-depth coverage of the workers' compensation rules common to all states.By taking this course, you will learn the basic concepts in workers' compensation, including how a state's statutory legal structure fits into the bigger picture by understanding insurance policy coverage...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook Medical Legal Financial work′ers' compensa′tion insur`ance n. insurancerequiredbylawfromemployersfortheprotectionofemployeeswhileengagedintheemployer'sbusiness. ...
Deals with the ruling of the United States Supreme Court on the case Hartford Underwriters Insurance versus Union Planters Bank which involves an issue on workers' compensation insurance. Facts on the case; How the ruling will affect the insurance industry.Brostoff...
Is Workers’ Comp Taxable? No, the benefits that employees receive as part of workers' compensation are not taxable. The only time that workers' compensation benefits might be taxable is if you are also receiving Social Security Disability Insurance (SSDI) and a portion of those benefits have ...
Workers’ compensation is a form of employer insurance coverage that pays benefits to workers who have been injured or disabled due to a work-related accident, illness, or injury. Formerly known as "workman's comp," the compensation covers lost wages, medical costs, disability, rehabilitation, ...