OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from “a-” of Advantage ...

Earlier this year, changes occured that will significantly affect what businesses pay for workers compensation insurance. To encourage a more responsible employer culture, the National Council on ...

Workers’ compensation claims are costly and can drag on for years. The average cost of a lost time claim (indemnity and medical only) in California has increased from $54,712 in 2018 to $58,843 in ...

California Insurance Commissioner John Garamendi is set to recommend by June 10 cuts of up to 22% in premiums that employers pay for workers’ compensation insurance. Garamendi told the Business ...

McLaughlin (left): rates rising to make up for losses on claims; Lewis: higher premiums needed for insurers’ survival Insurance brokers saw it coming. Workers’ compensation insurance rates have ...

PALO ALTO, Calif.--(BUSINESS WIRE)--Hourly.io, a fast-growing workers’ compensation and payroll startup, has selected Origami Risk’s multi-tenant Software-as-a-Service (SaaS) P/C core solution to ...

The benchmark rate used to set workers' compensation premiums should go up in 2005, an insurance industry group urged Wednesday, angering critics who noted that a series of recently enacted changes to ...