Worker’s compensation coverage is supposed to protect employees who get injured on the job. All employees in New York are entitled to worker’s compensation, but recovering these benefits is not always easy. Unfortunately, there are several common workers comp adjuster tricks that insurance companies use in attempts to limit payouts or deny claims. If you […]
Why Inflation Impacts Workers’ Compensation Claims
Inflation impacts virtually all aspects of the economy, including some you might not expect. For instance, the insurance industry has been affected by the inflation of the past few years, with an especially hard impact on workers’ compensation claims. Various inflation-related factors have affected the workers’ compensation system, such as higher medical costs and workers’ […]
Workers’ Compensation Law (WCL) § 24 – What’s the Deal?
In January of 2023, the New York Workers’ Compensation Board enacted changes to the way attorney’s fees are handled in workers’ comp claims. Claimant attorneys are now required to follow a fee schedule with their clients. Before these changes, there were no specific requirements for the award of attorney’s fees in workers’ comp claims. If […]
Workers’ Compensation Private Insurance vs. Self-Insuring Employers
In New York and all other states, all employers are required to provide workers’ compensation benefits to their employees. However, employers have a choice between purchasing a traditional insurance plan from a private third-party insurer or using a self-insured workers’ compensation plan. While both options offer financial compensation when employees get injured on the job, […]
The Difference Between Workers’ Compensation and Personal Injury
If you’ve been injured due to someone else’s negligence, you may have grounds to seek financial compensation. In most situations, this compensation is sought by filing a personal injury lawsuit, but work-related injuries go through the workers’ compensation system. While both systems deal with injury compensation, the difference between workers’ compensation and personal injury is […]
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