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How the Gig Economy Is Upending Worker’s Comp
The question of whether gig workers are employees or independent contractors has implications for Workers' Compensation insurance.
Workers' Compensation Market Outlook on-demand webinar
For the last several years, the Workers' Compensation market has been walking something of a tightrope — profitable and popular among US insurance companies, despite the fact that rates and premiums have been steadily decreasing.
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The question of whether gig workers are employees or independent contractors has implications for Workers' Compensation insurance.
While Workers’ Compensation insurance remains profitable for US insurance companies, there's concern about the increasing severity of claims.
California accounts for 12% of the US population, but 24% of the US marketplace for Workers' Compensation Insurance.