Preferred Employers Insurance (a Berkley Company)’s Post

#WCWBLAST Vol. 4: Navigating Monopolistic States in Workers' Compensation Insurance What if my business isn't domiciled there? https://bit.ly/3xtPWsv #monopoliscticstates #workerscompensation #businessinsurance #gapincoverage

🌟 Exciting News for Texas Businesses! 🌟 Did you know that with Workforce Advantage, getting Texas Mutual Workers' Compensation Insurance has never been easier or more budget-friendly? 🤩 Here's the scoop: ✅ ZERO Downpayments: Yes, you read that right! Start your coverage without the upfront financial strain. ✅ NO Audits: Forget the hassle and stress of audits – we've got you covered smoothly and efficiently. Why choose Texas Mutual Insurance through Workforce Advantage? Let the numbers speak for themselves: 🏆 Leading Provider: Texas Mutual Insurance is a top choice for workers' compensation in Texas, offering unrivaled reliability and support. 📉 Lower Claim Costs: Compared to competitors, Texas Mutual boasts significantly lower claim costs, ensuring more savings and better care for your employees. 💡 Innovative Safety Programs: With a strong focus on workplace safety, Texas Mutual offers programs and resources that are second to none, reducing workplace accidents and ensuring a healthier work environment. 🌍 Broad Coverage: Texas Mutual provides extensive coverage, ensuring that a wide range of industries and businesses can benefit from their comprehensive policies. 💬 Ready to make a smart choice for your business and employees? Choose Workforce Advantage for your Texas Mutual Workers' Compensation Insurance and enjoy the benefits of a hassle-free, cost-effective insurance solution. 🔗 Contact us now to get started or learn more about how we can help your business thrive with the right insurance coverage. #TexasMutualInsurance #WorkforceAdvantage #NoDownpayments #NoAudits #TexasBusiness #WorkersCompensation #BusinessInsurance #SafetyFirst #TexasMutual

Curious about Workers' Compensation insurance? Defined by AmTrust, "Workers’ comp insurance provides protection for people who are injured during the course of their employment. It can be due to an accident, like falling from a ladder or sustaining a cut, scrape or burn. It can also be the result of a repetitive injury from performing the same arm motion over and over." At #GreenTreeRisk, we work with a diverse range of A-rated insurers to serve as your primary resource for customized insurance solutions including Workers' Compensation, Property, Casualty, Commercial Auto, Umbrella, and other vital coverage options tailored specifically for wood-related businesses. Read more about what workers' comp is here: https://ow.ly/2j4y50Qns3Z

Aside from the legal requirements, whereby most states mandate the coverage, workers compensation is designed to protect both the employee and employer in the event of employee workplace injury or illness. Learn more about why your business should focus on workers compensation coverage at BR Risk Group Specialty Insurance. https://bit.ly/47YYnJ8 #brriskgroupins #workerscompensation #insurance #insuranceagent #insurancebroker

⚖️ Discover the importance of workers' compensation insurance in maintaining legal compliance and securing financial stability. Our blog post provides insights into the requirements in Missouri and Illinois, as well as practical tips to save on insurance premiums. Read it now: https://lnkd.in/g426S-ve #employeeprotection #legalcompliance #businesscontinuity #riskreduction #workerscompensation

💼 In a significant move for Connecticut's business community, Governor Lamont has announced a substantial reduction in workers' compensation insurance rates. This nearly 10% decrease, effective from 2024, is a result of fewer workplace injuries and claims, reflecting the state's commitment to safer work environments. This change is expected to have a positive financial impact on businesses. Learn more about this development in our article. 📲  https://lnkd.in/eRXnafaW  #ConnecticutBusiness #InsuranceRates #WorkersComp #BusinessSavings #WorkplaceSafety #StatePolicy #FinancialRelief #BusinessNews #EconomicDevelopment #GovernorLamont

Are you an insurance broker looking for ways to streamline your workers' compensation process in California? Check out our latest blog post to learn how PEOs can help! #InsuranceBrokers #WorkersCompensation #PEOs #BBSI

Employees Value Strong Community Way of Thinking, Working at Greater Insurance Sherri Gjermo, CEO of Greater Insurance Service Inc., is the second generation of leadership in the family business. And the third generation is already waiting in the wings. Read the full report here: https://buff.ly/47lL0CJ #humano #greaterinsurance

🌟 Strengthening Businesses with GAMSG Insurance Brokers & Gallagher 🌟 At GAMSG Insurance Brokers, our partnership with global insurance giant Gallagher is a key component of the Gallagher Connect Diversity and Equity Inclusion program. This collaboration is fundamental in enriching the services and value we provide to every client. 🔹 The Power of Diversity in Business 🔹 Choosing a minority-owned firm like GAMSG means investing in a broader perspective. We bring unique insights and innovative approaches, reflecting the diverse needs of the communities and markets we serve. Our diverse background fuels creative solutions, fostering growth and resilience in your business. 💼Enhanced with Gallagher’s Global Expertise💼 Our partnership with Gallagher combines the specialized, personalized touch of a minority firm with the robust, global resources of an industry giant. This synergy ensures you don’t have to choose between local expertise and world-class service – you get the best of both worlds. 🌟 Tax Advantages of Partnering with a Minority-Owned Business 🌟 Working with a certified minority-owned company like GAMSG Insurance Brokers can provide significant tax benefits. These advantages are part of the U.S. diversity and equity inclusion programs, designed to encourage businesses to engage in diversity and inclusion initiatives. By partnering with us, you may qualify for tax incentives, enhancing the financial health of your company. 🚀 Why Diversity & Equity Matter for Your Business 🚀 Embracing diversity isn’t just about social responsibility; it’s a strategic advantage. Diverse partnerships can offer fresh perspectives, drive innovation, and open new market opportunities. With GAMSG and Gallagher, you’re positioning your business at the forefront of this inclusive future. 🤝 Building Success Together 🤝🏽 Partner with us at GAMSG Insurance Brokers, where our collaboration with Gallagher ensures you benefit from comprehensive, tailored solutions. We’re not just your brokers; we’re your partners in building a more inclusive, successful business landscape. 🌐 www.gamsg.biz 📞 (404) 769-1401 📨 [email protected] 📆 Click here to schedule an appointment https://lnkd.in/e5Z-YZCW #GAMSGInsurance #GallagherConnectPartner #DiversityInBusiness #MinorityOwned #GlobalExpertise #TaxBenefits

The WC market is competitive - that's a great thing! Check this out from the Louisiana Department of Insurance. "Workers’ compensation rates have fallen consistently over the past two decades. They have had a cumulative drop of -37% over the last five years, -49% over the last ten years, and -66% over the past 20 years... ...The total Louisiana workers’ compensation insurance market in 2023 is estimated to have about $950 million in written premium. Louisiana has 263 companies writing workers’ compensation insurance, producing a competitive market as compared with the market crisis we had in the 1980s when then-Senator Mike Foster created the state market of last resort, Louisiana Workers’ Compensation Corporation (LWCC), for businesses that could not get workers’ compensation coverage for their employees."