Prestige Insurance Group, Inc. Blog: workers compensation
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Tuesday, August 25, 2015Earlier this year, a court ruled that Federal Express drivers should have been classified as employees, when the company had classified them as independent contractors. And the U.S. Department of Labor announced that a five-year investigation in Utah and Arizona yielded $700,000 in back wages, damages, penalties and other guarantees for more than 1,000 construction industry workers. READ MORE >>
Friday, June 12, 2015Workers comp policies usually include a special section for employers liability. What additional coverages does it provide and why do you need them? Your workers compensation policy covers the costs associated with an employee's work-related injury or occupational disease. READ MORE >>
Wednesday, June 10, 2015A bully in your workplace can affect morale, increasing stress levels for fellow employees — and possibly increasing your workers compensation costs. The Workplace Bullying Institute defines workplace bullying as "repeated, health-harming mistreatment of one or more persons (the targets) by one or more perpetrators. READ MORE >>
Tuesday, December 30, 2014State regulators have released a report touting Florida's competitive workers-compensation insurance market, though it also raised the possibility of lawmakers taking steps to reduce the system's medical costs. The Office of Insurance Regulation provides an annual report on the workers-compensation market to legislative leaders. READ MORE >>
Wednesday, December 10, 2014The Florida Supreme Court is considering whether to declare the state's workers compensation attorney fee schedule unconstitutional. The court recently heard oral arguments in a case (Castellanos v. Next Door Company, SC13-2082) addressing the attorney fee schedule passed in 2003 as part of a comprehensive rewrite of the state's workers compensation law. READ MORE >>
Tuesday, November 25, 2014A Kissimmee man was arrested in Palm Beach County after deputies say he ripped off an insurance company of more than $1 million in an elaborate case of worker's compensation fraud.
Arturo Santos Zuniga, who also went by the name David Hernandez, was busted as part of an investigation led by th... READ MORE >>
Monday, November 24, 2014Florida Insurance Commissioner Kevin McCarty has approved a rate drop for insurers that provide workers' compensation coverage, says the Associated Press. Rates will drop by 5.2% overall. The change will take effect on Jan. 1. According to AP, this is the first time workers' comp rates have dropped in the last four years. READ MORE >>
Tuesday, November 18, 2014The Florida insurance commissioner on November 5th rejected a 3.3% overall decrease in state workers compensation rates and ordered the National Council on Compensation Insurance Inc. to re-file an overall rate cut of 5.2%. READ MORE >>
Tuesday, October 21, 2014Florida Chief Financial Officer Jeff Atwater touted the arrests of more than 100 immigrant agriculture workers last July as an effort to crack down on the costly problem of workers compensation fraud.
But it quickly became apparent the raid on the Naples-area Oakes Farm fruit and vegetable pro... READ MORE >>
Friday, October 17, 2014Hiring someone on an independent contractor basis has many advantages for employers. But treating workers like independent contractors when they should be classified as employees instead can cause costly problems. Independent contractors have many advantages for employers. READ MORE >>