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Cost of workers' compensation claims are on the rise

Cost of Workers’ Compensation Claims are on the Rise

The workers’ compensation sector of the commercial insurance industry is generally a stable and profitable segment. However, Tennessee workers’ compensation costs of claims have been increasing, with concerns over severity on the rise. While the frequency of claims has declined, several factors contribute to increasing claim expenses. These increases in the cost of workers’ compensation …

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5 Tips for Your Workers’ Compensation Audit

Workers’ compensation audits are the bane of most business-owners’ existence. Everyone hates them. A workers’ compensation audit is the annual review by your insurance company of your business’s payroll and records, which determine your workers’ comp premiums. Usually, a workers’ compensation audit is a relatively straight-forward process without too many complications, but it can always …

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