In a recent survey of employers about workers’ compensation insurance, 59 percent of the employers expressed their concern about controlling costs. They also shared their concern about exposures increasing, rates going up and fraud.
This survey consisted of over 3,500 employers nationwide in a variety of industries.
Majority of employers experienced payroll increases in 2011 and 48 percent reported premium increases this last year.
According to the Insurance Journal who provided a summary of this survey, this survey was conducted by Zywave, a software provider to the insurance and financial services industry. It was conducted January 6 to February 24, 2012.
Sacramento employers, how do you feel about controlling your workers’ comp costs?
What areas concern you? Rate increases? Fraud?
You may read this review by clicking here: Insurance Journal
For more information as to how an WorkComp Advisor can help employers, go to www.insurancematters.biz