An effective return-to-work (RTW) program can significantly reduce workers’ compensation claim costs. Bringing injured employees back to work as soon as it’s safe can help avoid escalating expenses. Offering modified work duties for those still recovering can prevent costs from…
Hong Kong Company Loses $25 Million in Deepfake Scam A multinational corporation in Hong Kong fell victim to a deepfake scam, resulting in a $25 million loss. Criminals used deepfake technology to impersonate the company’s CFO during a fake video…
In 2024, OSHA has raised penalties for various workplace safety violations. These adjustments, mandated by the Federal Civil Penalties Inflation Adjustment Act, reflect a 3% increase from the previous year, effective since January 16. Here are the updated penalties: Key…
Mitigating language barriers in safety training for employees who do not speak English proficiently is of utmost importance in ensuring workplace safety, especially in industries with a significant non-English-speaking workforce. Your recommendations provide practical strategies to address this challenge. Here’s…
For business owners, undergoing a workers’ compensation audit is a necessary but often unwelcome aspect of managing a company with employees. Unfortunately, insurance companies can occasionally make errors during these audits. Workers’ Compensation Consultants, a Missouri-based firm that specializes in…
When it comes to home improvement or repair projects, it’s common practice to hire contractors, electricians, or other specialized professionals. While cost considerations are essential, choosing a contractor solely based on the lowest bid can expose you to potential risks…
Workers’ compensation fraud is a costly issue, burdening the insurance industry with an annual estimated cost of $5 billion, as reported by the National Insurance Crime Bureau. While the exact proportion of overall workers’ compensation expenses due to fraud varies,…
Employees who have been on the job for less than a year account for one-third of workers’ compensation claims, according to a new report. Injuries suffered by new workers in their first year on the job account for nearly 7…
Workers’ compensation insurers are grappling with covering claims for workplace COVID-19 infections that develop into long COVID, as those claims may stay open for years in some cases. For companies in states that adopted laws requiring workers’ comp insurers to…
Truckers, delivery drivers, farmers, firefighters and workers that drive or ride in large commercial trucks and vans, farm equipment and fire apparatus, regularly injure themselves when entering and exiting their vehicles. Usually, they get hurt because they are in a…