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Caitlin Morgan through our blog and newsletter is committed to keeping our agency partners and insureds abreast of trends, emerging trends and developments as they relate to the segments we serve. We invite you to connect and engage with us.

Workers’ Compensation: Companies Could Be Facing Stiffer OSHA Fines

Posted on: December 14, 2015 by Caitlin Morgan

Last month Congress added a provision in the budget bill signed by President Obama that permits OSHA to raise maximum penalties by about 78%. The provision ties the highest dollar amount the federal agency can charge employers to October’s rate of inflation. Currently, maximum fines are tied to the consumer price index in 1990. The […] Read More

Posted in: blog Workers Compensation

Roundup: What’s New on the Workers Comp Front?

Posted on: May 30, 2013 by Caitlin Morgan

Roundup: What’s New on the Workers Comp Front? There are several new developments regarding the Workers Compensation sector, beginning with a new report released by NCCI Holdings.  NCCI, this month in its annual State of the Line workers compensation analysis, described the industry as “encouraging”. The positive outlook, according to the report, is based on […] Read More

Posted in: Workers Comp Workers Compensation

Workers Comp Rates Will Continue Upward Trend in 2013

Posted on: November 13, 2012 by Caitlin Morgan

Worker Comp Rates Will Continue Upward Trend in 2013 Workers Comp rates across the country continue to see an uptick. In September, MarketScout cited an increase of 6% for Comp rates.  Furthermore, according to Dr. Robert Hartwig, president of the Insurance Information Institute (I.I.I.), we have seen workers comp‘s most recent renewals in mid-2012 up about […] Read More

Posted in: Workers Comp Workers Compensation

Aging Workforce Has Far Less Negative Impact on Workers Comp Claims

Posted on: November 8, 2012 by Caitlin Morgan

Aging Workforce Has Far Less Negative Impact on Workers Comp Claims There is growing evidence that an aging workforce has a far less negative impact on workers comp claim costs than might have been thought, according to new analysis by the NCCI Holdings. NCCI looked at a study by Ray Fair entitled “Estimated Age Effects in […] Read More

Posted in: Workers Comp Workers Compensation

Errors and Omissions Rates Beginning to Rise for Second Quarter

Posted on: September 26, 2012 by Caitlin Morgan

Errors and Omissions Rates Beginning to Rise for Second Quarter The latest MarketScout barometer showed that commercial lines insurance rates overall increased by 5% in August, with Commercial Property taking the lead at 7% and Workers Comp at 6%. Towers Watson also released data showing commercial insurance pricing increasing by 6% during the second quarter […] Read More

Posted in: Directors & Officers E&O Errors & Omissions

Commercial Property Rates Stabilizing As We Enter 2012

Posted on: February 14, 2012 by Caitlin Morgan

In December, commercial property rates increased two percent, according to MarketScout, an insurance distribution and underwriting company headquartered in Dallas, Texas. Additionally, property catastrophe prices for January renewals are firming due to loss and layers affected, the frequency of events and regions of exposures, and the magnitude of the RMS version 11 Hurricane model, which […] Read More

Posted in: Commercial Property Property