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Workers comp costs on the rise as mega claims grow

Your article was successfully shared with the contacts you provided. While 2006 and 2016 had the same number of adjusted mega claims, 2016 had fewer lost-time claims in total than did 2006. (Photo: Sh... read more

Employers Holdings A Well-Run Play On Small Business Growth Through Workers Comp

Reinvesting in systems should driver lower expense ratios in the future, and the opportunity to grow ... Workers’ comp insurance is stratified into hazard groups by how frequent and severe the ... read more

What happens when a Chinese factory city seeks a makeover? The workers making iPhones are priced out.

Older apartments are being converted into sleek, modern units to attract the growing ranks of the Chinese middle class and aspirational young workers. Average rents ... the impact of any resulting ris... read more

Workers' Compensation Benefits for Injured Workers Continue to Decline While Employer Costs Rise

At the same time, the growing workforce has translated into rising workers' compensation costs for employers – now $1.37 per ... that make it more difficult for workers to succeed in their claims for ... read more

Compensation payouts to Tasmanian public servants on the rise, unions warn situation will worsen

New figures show compensation payouts to Tasmanian public servants ... Public Sector Union's Tom Lynch said stress was a growing cause. He predicted the number of claims and size of payouts would rise ... read more

Inflation, Kroger earnings — What you need to know in markets on Thursday

And the amount of money workers are making is on the rise ... was growing; however, increases greater than 2 to 3 percent remained targeted, rather than broad-based.” The report added that, “In respon... read more

Big rise in pothole damage claims

Britain's worsening pothole crisis is leading to some councils facing big rises in compensation claims ... costs, local authorities still managed to fix 2 million potholes last year. "But we need long ... read more

Labor Department issues guidance on classifying workers

The guidance comes as a growing number of employers are ... Worker advocates say companies misclassify employees to save costs by not paying payroll taxes, unemployment insurance, workers' compensatio... read more

The Finance 202: The stock market is shrugging off Trump's trade war. That may not last.

It is increasingly clear that severe differences over cars and farming mean a mega deal will ... Benefits rise more than wages. WSJ's Te-Ping Chen and Eric Morath: “Americans’ compensation is growing, ... read more

Weekly Economic and Financial Commentary: US Growth Remains on Track

While core inflation remains stuck around 1%, the Q2 pickup in compensation is a ... their priorities with what today’s workers value to attract the best–and increasingly scare–talent. Meanwhile, cons... read more

For businesses, end of state budget impasse is 'missed opportunity' without relief

The high cost of workers' compensation insurance ... doing business rise because the plan discontinues three tax breaks, worth a combined $125 million a year, that had allowed companies to shift profi... read more