Frequently Asked Questions in the Workers’ Compensation Claims Process

Frequently Asked Questions in the Workers’ Compensation Claims Process

Workers’ compensation insurance is designed to provide financial benefits to workers who may become injured on the job. These benefits include payment for lost income, such as when an employee cannot do his or her work and/or when the employee is unable to work during recovery from the injury. Coverage of medical and prescription costs are also commonly provided in these plans. The idea behind workers’ compensation is simple, but the system itself is filled with challenges and confusion. This idea balances risk and insurance. Businesses often have many questions for their insurance carriers when it comes to establishing workers’ comp plans for their employees, and it’s important to have the answers they need. Read more

Does Special Events Insurance Cover Terrorism?

Does Special Events Insurance Cover Terrorism?

Tragic events such as the Boston Marathon bombing in 2013 and the 2017 mass-shooting incident targeting attendees of the Route 91 Harvest music festival in Las Vegas have caused many event promoters to question the need for terrorism insurance. Terrorism is on the rise on a global scale, and special events represent a prime target. Read more

The Insurance Needs of a PEO

The Complex Insurance Needs of a PEO

Professional employer organizations, or PEOs, are a human resources solution for a growing number of small businesses in the United States. It is estimated that up to 16% of all small businesses utilize the services of PEOs in managing employee tasks, such as handling payroll and workers’ compensation, risk management, recruiting, and employer-sponsored benefit administration. Small business ventures, such as entrepreneurial startups, are leveraging the power of PEOs, effectively outsourcing HR duties through these providers. Read more

Randall E. Hedlund joins U.S. Risk as Sr. Vice President

Randall E. Hedlund has joined U.S. Risk as Senior Vice President. Randy most recently served as Director of Care Providers Insurance Services (a division of NSM Insurance Group). Randy is a veteran of the insurance industry, having started his career as an underwriter trainee with the Insurance Company of North America (INA). Over the course […]