OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from “a-” of Advantage ...
BATON ROUGE, La., Aug. 25, 2025 /PRNewswire/ -- AM Best, the world's leading insurance industry credit rating agency, upgraded Baton Rouge based regional workers' compensation insurer, Stonetrust ...
Earlier this year, changes occured that will significantly affect what businesses pay for workers compensation insurance. To encourage a more responsible employer culture, the National Council on ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...
Workers’ compensation claims are costly and can drag on for years. The average cost of a lost time claim (indemnity and medical only) in California has increased from $54,712 in 2018 to $58,843 in ...
California Insurance Commissioner John Garamendi is set to recommend by June 10 cuts of up to 22% in premiums that employers pay for workers’ compensation insurance. Garamendi told the Business ...
McLaughlin (left): rates rising to make up for losses on claims; Lewis: higher premiums needed for insurers’ survival Insurance brokers saw it coming. Workers’ compensation insurance rates have ...
PALO ALTO, Calif.--(BUSINESS WIRE)--Hourly.io, a fast-growing workers’ compensation and payroll startup, has selected Origami Risk’s multi-tenant Software-as-a-Service (SaaS) P/C core solution to ...