Risk Briefs
Can you guess the top 10 OSHA violations for 2023?
The Occupational Safety and Health Administration (OSHA) recently revealed a preliminary list of the most frequently cited safety violations for fiscal year 2023, which ended September 30th. The announcement, which was made at the 2023 NSC Safety Congress & Expo., is significant because knowing how and why workplace injuries occur puts employers in a better position to develop and implement their own safety and training programs.
NCCI proposes 15% rate decrease for Florida workers’ compensation insurance in 2024
Florida employers may be paying less for workers’ compensation insurance next year. The National Council on Compensation Insurance (NCCI) is recommending an average 15.1 percent rate level decrease in Florida’s voluntary workers’ compensation market for 2024.
Florida’s new workers’ compensation rules modify employer penalties and exemption procedures
The Florida Division of Workers’ Compensation recently finalized amendments to various administrative rules, including those governing employer penalties and exemption procedures.
OSHA Update: More employers will be required to electronically report injury & illness data under new final rule
The Occupational Safety and Health Administration recently published a final rule that creates a new injury and illness reporting requirement for employers operating in certain industries. As of January 1, 2024, establishments with 100 or more employees operating in designated high-hazard industries must electronically submit injury and illness information to OSHA once a year.
Does workers’ comp cover employees injured at company-sponsored events?
What happens if an employee is injured while attending a company-sponsored event? Is the injury covered under their employer’s workers’ compensation policy? Well, that depends.
Florida employers may be paying less for workers’ compensation insurance in 2023
Florida employers may be paying less for workers’ compensation insurance in 2023. The National Council on Compensation Insurance (NCCI) is recommending an overall average rate level decrease of 8.4 percent for next year.
Risk of workplace injuries higher among first-year employees
Did you know that the risk of workplace injuries is higher among first-year employees? A recent analysis of workers’ compensation claims by Travelers revealed that an employee’s first year on the job is often the most dangerous.
Great News! Florida’s Workers’ Compensation Insurance Rates Decreasing in 2022
Florida’s Office of Insurance Regulation approved an overall average statewide decrease of 4.9 percent for workers’ compensation premiums beginning January 1, 2022.