2016 Azbee Awards of Excellence
Category
Print > Feature Article - General Interest > More Than $3 Million Revenue > Pacific
Awarded to
Andrew Simpson, Chief Content Officer; Susanne Sclafane, Executive Editor; Guy Boccia, Vice President of Design
Entry details
Beating Up on Workers' Comp
Issue date (if applicable): 5/4/2015
Publication name: Insurance Journal
Publishing company: Wells Media Group
Website home page: www.insurancejournal.com
Please describe the publication's mission and readership:
Insurance Journal magazine serves the property/casualty insurance industry's leading independent insurance agencies, which are small and mid-sized businesses, independently-owned, that sell all types of personal and commercial property/casualty insurance from multiple insurance carriers. Insurance Journal's 42,000 subscribers are the owners, principals, producers and managers of these agencies in small towns and big cities across the country. Insurance Journal strives to help them be better insurance professionals, business leaders, client advocates and citizens by giving them information and resources they can use every day. Insurance Journal keeps them informed about key developments in this heavily-regulated and competitive industry. Its staff -written articles cover current economic, state and federal regulation, legal, product and marketplace news and events. It also provides peer-contributed analysis and advice on markets, management, sales, competition, best practices, technology and more.
Please describe the enterprising work that went into this entry and its significance or impact on readers:
While a good percentage readers of Insurance Journal magazine specialize in insurance for selected industries such as construction, energy, healthcare or transportation, almost all of them offer workers' compensation insurance to businesses of all kinds. In what has for decades been referred to as the "grand bargain," workers' compensation insurance promises to pay the medical costs and lost wages of workers injured on the job in exchange for the workers agreeing to not sue their employers for costs and damages over their injury even if they believe their employer could have prevented the injury. Most states require employers to have this coverage and the states regulate it closely. Since it is so important to their customers and to their own businesses, insurance agents follow workers' compensation news and trends in all states very closely. As Andrew Simpson reports in this special feature, Beating Up on Workers' Comp, agents are following this news more closely now than ever. That's because after years of what the industry has called reforms but worker advocates say have actually been benefit cuts, some workers are questioning if the "grand bargain" is still a good deal for them and the insurance industry is worried that courts may begin allowing employees to sue, which could undermine the bargain.
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Beating Up on Workers' Comp
Category
Print > Feature Article - General Interest > More Than $3 Million Revenue > Pacific
Description
Publication name:
Insurance Journal
Company:
Wells Media Group
Winner Status
- Regional Silver Award
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