By: Travis Hinman Starting on January 1, 2015 Workers’ Compensation in Maryland will experience additional changes. This is the third year of changes to the experience mod calculations. A company’s experience mod helps to determine the rates charged by insurance carriers for Worker’s Compensation insurance. Claims filed will have a new higher threshold of $15,000…
The primary purpose of a Return-to-Work (RTW) program is to return eligible employees back to the workforce at the earliest medically allowable date. Attend this webinar to: Understand how you can positively affect your profitability. Identify the impact of indirect costs on the employer’s bottom-line profitability. Recognize that a Return-to-Work process is comprised of multiple…
Deeley Insurance Group offers complimentary access to the latest Construction Risk Management Newsletter. This monthly report covers topics affecting property & casualty in the construction industry, and can prove useful in the process of developing and refining risk management strategies. Each month, the newsletter discusses a number of issues. Highlights for June include: OSHA Issues…
Workers compensation claims play a necessary role in the construction industry. While it is best to minimize the number of incidents the cause workers comp claims, every company must be prepared and informed when claims do arise. To help your construction business better understand work comp claims and resolution, the benefits experts as Deeley Insurance…
If you have locations or workers in multiple states, then your Workers’ Compensation coverage may be more complicated than you realize. Workers’ Compensation coverage written in one state may not protect you if workers are injured in another. Though some policies cover multiple states, others limit coverage to the state where the policy was written.…
The key to calculating a workers’ compensation premium is the experience modification factor, also known as your mod. Understanding your company’s mod and the data used to obtain it helps you identify ways to minimize your workers’ compensation premium. A number of questions must be answered to understand and control your mod factor. These include:…
When a construction company experiences significant increases in workers’ compensation costs, it often triggers internal activities aimed at reducing insurance costs. The key to reducing spending is more than just stopping a few accidents; it is having a sound safety program designed to continuously improve. A safety program that meets or exceeds the OSHA standards…
While the majority of WC claims are truthful, the National Insurance Crime Bureau reports that billions of dollars of false claims are submitted each year, affecting many business in the construction industry. It is important for business owners and managers to develop an awareness for the key indicators of improper claims. The 15 Warning Signs…
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You are about the leave our site and submit the information to pay your bill. A licensed agent from our team will need to process your payment to make it official – we cannot bind coverage via web request. Let us get to work for you. Want to talk? Call us. 410-213-5600
Client Support Team
SCD Intermediaries
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