Commercial/Workers' Comp:

Workers' Compensation
Workers' compensation is mandatory business insurance that provides employees who sustain industrial injuries or illnesses with medical coverage and income replacement.

Workers' compensation coverage provides four types of benefits (medical care, death, disability, rehabilitation) for employee job-related injuries or diseases as a matter of right (without regard to fault). This insurance is usually purchased by the employer from an insurance company or insured through Self Insured Groups (SIG's). The premium rate is based on a percentage of the employer's payroll and varies according to the employee's occupation.

We will answer any questions you may have about workers' compensation, and will also:

•  Provide claims loss control
•  Make an experience modification analysis
•  Experience rate your account
•  Validate experience modification
•  Forecast future modifications
•  Review payrolls for corrective action
•  Analyze and sort claims for corrective actions
•  Work with carriers and to be sure corrections are completed
•  Check management and safety policies

We will also review:
•  Injury and illness prevention program
•  Safety incentive programs
•  Light duty-return to work programs
•  Cal /OSHA record keeping requirements
•  Fleet safety programs
•  Job hazard issues
•  Tailgate topics for employee tailgate meetings
•  Accident trends
•  Workers' compensation claims records system

There are three basic types of alternative risk plans: self-insurance groups, captives, and self-insured. Self-insurance plans are typically selected by very large organizations that pay workers' compensation premiums exceeding $1 million or more. Self-insurance requires posting a surety bond and other financial disclosures.

Self-Insurance Groups (SIGs) and Captives are typically selected by small and mid-sized companies. SIGs and Captives are formed by employers who join together to share some level of risk and use their group buying power. With that they can purchase cost-effective insurance, fronting, and critical risk management services, including claim management typically provided by a third-party administrator.

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