If you run a business, you probably know by now that worker’s compensation coverage is required by most states. Massachusetts is one of the states that requires employers to have workers comp. All employers operating in Massachusetts are required to carry workers’...
The state of Massachusetts has decided to buck recent trends and have settled on an impending decrease in workers’ compensation insurance rates. This change will go into effect on July 1, 2018. The decrease will result in an average rate rollback of 12.9% on...
Volunteers are the lifeblood of many nonprofits around the country – keeping organizations humming without adding much expense. Approximately 26% of Americans volunteer for a nonprofit, business or religious group each year. Bureau of Labor Statistics But are they...
In what was already a historic election year, it was made even more memorable with legislation regarding marijuana being on the ballot in nine states. Of the nine states that voted on marijuana initiatives, eight passed including Massachusetts, Maine, California and...
While the experience modifier (or mod) may be a foreign concept to many, to the business owners it can have a huge effect on the bottom line as it is a key component of the workers’ compensation premium calculation. Mods are a way to try to balance out the costs...
