In the United States, Workers’ Compensation Insurance is a $53 billion market that encompasses 287 businesses and employs over 54,000 workers. In 2017, the market grew 2.7%, and with an improving employment market and rising interest rates, the industry is projected to experience continued growth. That’s the good news for Workers’ Compensation carriers. The bad...Read More
According to the FBI, the total cost of insurance fraud in the United States, excluding health insurance fraud, is $40 billion annually. The typical family pays $400 – $700 more in premiums as a direct result of this fraud. Sure, $700 is not small change, but is it worth being concerned about? Taken on it’s...Read More