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Worker Compensation is a type of insurance that provides financial protection to employees who are injured or become ill due to their job. It is a key component of Personnel and Human Resources, as it helps to ensure that employees are taken care of in the event of an accident or illness. Worker Compensation covers medical expenses, lost wages, and other costs associated with an injury or illness. It also provides protection to employers from legal action taken by employees who are injured or become ill due to their job.
Worker Compensation is regulated by the government, and the laws vary from state to state. Employers are required to provide Worker Compensation insurance to their employees, and the insurance must meet certain standards.
Companies in the Worker Compensation market include Liberty Mutual, The Hartford, AIG, Chubb, and Zurich. Show Less Read more
