Filing Late and Other Ways to Have Your Claim Rejected

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One of the biggest mistakes you can make if you incur damage to your business premises is to wait too long before filing the claim with your insurer. The owners of Dallas Plaza Hotel learned this the hard way last month when a U.S. Circuit Court of Appeals held that the business had waited too long to file a claim with its insurer after suffering hail damage in July 2009. The court ruled that because the hotel had waited more than 19 months to file the claim, it was impossible for the insurer, American Insurance Co., to ascertain exactly when…
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Report All Workplace Injuries Promptly, Including First Aid

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If one of your staff suffers an injury at work, it’s your duty to report that injury to your workers’ comp carrier. Many employers think they can skip making a report if someone is hurt at work yet doesn’t need to go see a doctor immediately. But the problem is that even what seems like a minor injury can turn into a major problem down the road. Take the case of a man who was working for Louis Truth Dairy, when a crate with milk containers down a shoot and hit him in the shin. The force of the impact knocked…
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Reporting Claims Later Can Double the Cost, Report Finds

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A new report has found that when employers are late in reporting workers’ comp claims to their insurers, the cost of the claim often jumps by 50%. The report by the National Council on Compensation Insurance found that claims for workplace injuries that were reported four weeks after the incident, ended up costing $19,936 on average, compared to $13,210 for claims reported one to two weeks after the injury. That’s a jump of 51%. Interestingly, claims that were reported between one day and a week after the injury cost $13,844 on average. Claims filed three to four weeks after an…
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