Cutting Workers’ Comp Expenses: Employer Wins $6.3 Million From Insurer For Unfair Claims Practices; How To Monitor Reserves
How your workers’ compensation insurer manages your claims can have a big impact on your premiums. In a recent case, an employer whose premiums skyrocketed and dividends dropped for several years sued its insurer for overestimating the amounts needed to be held in reserve to pay claims—and won. This case underscores that keeping an eye […]