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 ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

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 ...

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 ...

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 ...

OKLAHOMA CITY, Dec. 29, 2025 /PRNewswire/ -- AM Best has affirmed CompSource Mutual Insurance Company's Financial Strength Rating (FSR) of A (Excellent) with a Stable outlook. AM Best is the ...