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Workers' Compensation Insurance Basics

Workers' Compensation Insurance Basics

Quick Overview

No one is an expert when they first start out and this session is designed to help the workers' compensation rookie with the basics of how workers' comp insurance works, why our system is set up the way it is, and how to navigate all of the intricacies of this coverage.

This session won't make you an expert, but it is a start on your journey there.


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Duration 1 hour
Location Online Webinar
Formats On-Demand
Instructor Frank PennachioFrank Pennachio

Insurance education professionals have a tendency to gravitate toward the more complex topics and issues.  As a result, the basics are frequently overlooked or not emphasized.  In this session, we will cover Workers' Compensation Insurance from the ground up.  Participants may even be surprised that the basic concepts may be new to them.

In this session, participants will learn:

  • What is the "Grand Bargain" in Workers' Compensation?
  • How does the coverage work?
  • How are premiums calculated?
  • What causes claim denials?
  • State Act versus Federal Act Workers' Compensation.
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