Temp Staffing, Independent Consultants and Gig Workers – Who Needs Workers’ Comp Coverage?

While Workers’ Compensation coverage is legally required in almost all states in the U.S, only permanent full-time and part-time employees are fully eligible for Workers’ Compensation coverage. However, temporary workers can also access this coverage depending on factors such as state, location, and the employer’s decision. Temp Staffing Workers’ Compensation In general, temporary workers are Read More

Measuring the Total Value of a Workers’ Compensation Policy

The law regulates certain components of Workers’ Compensation coverage, including benefits, coverage terms, and limits of liability. In this regard, all Workers’ Compensation policies are created equal, and therefore, offer the same value. However, beyond the regulated components, many other variables determine the total value of a Workers’ Compensation policy. These variables include: Premium Premium Read More

Growing Your Book with Workers’ Compensation Insurance

By Stephen Primiano Today I woke up as I normally do, a prompt bottle for the baby coupled with my regime of morning coffee mixed with the morning news. As I clicked through a variety of news venues a common narrative taking place is the state of the job market. As a broker delivering Workers’ Compensation products Read More

Market Outlook- 2022 Staffing Services Workers’ Compensation Insurance Premiums

The Real Impact of COVID-19 on Combined Ratios and Workers’ Comp By: Bill Nagel, SVP/Executive Director StaffPRO3 After delivering a 15 minute “Speed Talk” at the 2021 ASA Staffing World I have updated a portion of that presentation’s content within this blog. While a few insurance professionals’ prognostications have been revised and some data added, many Read More

Evaluating the True Cost of a Workers’ Compensation Claim

Understanding the True Cost of Occupational Injuries While work-related injuries have declined, workplace accidents still occur and can cost employers thousands of dollars in direct and indirect costs. The National Safety Council (NSC) data reveals that the total cost of work-related injuries was $ 171 billion in 2019. The average cost per worker was $1,100, Read More

2021 Workers’ Compensation Outlook

PMC’s Managing Partner, Andy Shaw, shares his insights in Insurance Business of America Interview The Workers’ Compensation market is flourishing after many years of unrivaled results. The market has largely been able to withstand the effects of the pandemic-induced economic uncertainty, recording only a 10% drop in net written premiums year-over-year in 2020. In a Read More

PMC Workers’ Compensation Insurance Guide: What We Offer!

Why Agents Like to Work with PMC to Secure Workers’ Compensation Coverage for Their Clients At PMC, we help independent insurance agents place workers’ compensation insurance for their clients, throughout the United States. We place workers’ comp in all industries, including companies that need multi-state coverage, start-ups and new ventures, coverage for mergers and acquisitions, Read More

Workers’ Compensation for Construction Firms: 4 Steps to Minimize Costly Claims

The construction industry has many occupational hazards. From working in dangerous conditions to operating heavy equipment, construction workers are often exposed to workplace accidents and injury. Therefore, as a contractor, you shouldn’t wait for disaster to strike before developing the protocols for handling workplace injury and illness claims. Here important steps for protecting your business Read More