Workers’ Compensation in the Hospital & Nursing Home Industries Workers compensation coverage for nursing homes is available from insurance carriers who specialize in the medical and health fields. The cost of coverage is normally very close to the median cost of work comp coverage for all industries. Nursing homes can be found in every state. …
Archives for 2012
Hotels & Motels & Resorts
Workers’ Compensation in the Hotel, Motel & Resorts Industries The cost of workers’ compensation insurance for employers who operate the independent hotels or motels is slightly below the average cost of work comp insurance in general. The work comp coverage is readily available from various insurance carriers. The large national and international hotel chains usually …
Industrial Equipment Manufacturers
Workers’ Compensation in the Industrial Equipment Manufacturing Industry Employers involved in the manufacturing of heavy industrial equipment normally purchase their workers’ compensation insurance from insurance carriers who market to this field. The cost of work comp coverage is above average as both the frequency and severity of claims is greater for industrial equipment manufacturers than …
Insurance Companies
Workers’ Compensation in the Insurance Industry Insurance companies who write workers’ compensation insurance self-insure or obtain coverage in the voluntary market. The cost of coverage is lower than average as both the frequency of claims and the severity of claims is low. The workforce of an insurance company is primarily office workers, with some outside …
Janitorial Services
Workers’ Compensation in the Janitorial Services Industry Workers’ compensation insurance for janitorial services cost on average slightly above the median cost of work comp coverage. Janitorial services can obtain coverage readily from the various work comp insurers. Janitorial services can be found in every state, every city and in most towns. Most janitorial services tend …
Logging & Sawmills
Workers’ Compensation in the Logging & Sawmill Industries Logging and sawmill operations are among the most dangerous occupations of any industry in the country. Because of this, workers’ comp insurance is both expensive and difficult to obtain. Physical hazardsof logging include: Rough terrain Heavy equipment Saws Unstable heavy logs All of which results in a …
Longshoremen & Harbor Workers
Workers’ Compensation for Longshoremen & Harbor Workers Employers must purchase federal workers’ compensation coverage if their businesses are on, or adjoining, the navigable waters of the United States, as required by the Longshore and Harbor Workers Compensation Act (LHWCA). Larger employers can elect to self-insure. All employers can purchase coverage for compliance through insurers who …
Mining
Workers’ Compensation for the Mining Industry Coal mining is the best known type of mining in the United States, but mining also includes the extraction of all other solid natural resources from the earth. As mining is a relatively dangerous occupation, workers’ compensation insurance is expensive. The larger mining companies self-insure themselves for work comp. …
Oil & Gas Exploration
Workers’ Compensation for the Oil & Gas Exploration Industries Oil and gas exploration is dominated by large national and international corporations with some smaller regional companies. The sizes of most of the businesses in this field allow them to self-insure their workers’ compensation exposure, often through their own captive insurance company. The smaller regional companies …
Printers & Publishers
Workers’ Compensation for Printing & Publishing Industries The cost of workers’ compensation insurance for printers is normally slightly cheaper than the average cost of work comp coverage in general because both the frequency and severity of injury tends to be less than average. Insurance coverage for printers can be obtained from most work comp insurance …
