The Work Comp Advocate

Service American Indemnity Company Announces Risk Transfer Insurance Agency as NEW Program Partner
Yahoo! Finance Service American Indemnity Company ("SAIC"), a national provider of program services, recently announced the addition of NAPEO associate member Risk Transfer Insurance Agency as the newest partner to support its continued national growth in workers'...
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California Governor signs law intended to differentiate Independent Contractors from Employees for Workers Compensation
From the Workers’ Comp Executive Newsdesk: Gov. Gavin Newsom wasted little time in signing AB 5 into law. The bill by Lorena Gonzalez (D-San Diego) is supposed to codify the California Supreme Court’s Dynamex ABC test for differentiating between independent...
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NCCI Recommends 5.4 Percent Rate Decrease for Florida
NCCI is recommending a 5.4% average decrease in Florida’s workers’ compensation insurance rate for 2020. NCCI’s report explains how the decrease in loss time claims frequency and both medical and indemnity loss ratios in the state continue to decline since peaking in...
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NCCI 2019 STATE OF THE LINE: RIDING THE RATES ON CONSTRUCTION.
NCCI 2019 STATE OF THE LINE: RIDING THE RATES ON CONSTRUCTION. A couple of weeks ago, we published an analysis on the 83% WC Combined Mystery. As a refresher, our analysis pointed out that the Workers Compensation industry shows profit (in spite of rate decreases)...
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NCCI 2019 STATE OF THE LINE: The Law of Large Payroll explains the 83% WC Combined Mystery
Several insurance blog posts have been “touting the State of The Line” of how well the Workers’ Compensation (WC) Insurance industry is profiting despite several years of rate reductions. So why is workers’ compensation insurance hitting these low combined ratios in...
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Gig Worker Classification – U.S. Department of Labor provides its opinion.
On April 29, 2019, the United State Department of Labor issued an opinion letter addressing the question of whether individuals working for a virtual marketplace company are employees or independent contractors under the Fair Labor Standards Act. For worker’s...
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Welcome to the RiskAware’s new blog… The Work Comp Advocate.
We're excited about launching this blog as it coincides with relaunching of the RiskAwareinc.com website and our industry segment expansion. We hope you'll be a regular visitor on our site. In the Work Comp Advocate, we'll share information about what we love to do...
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