Blog

Stay updated on workers compensation insights, understanding class codes and tips & tricks for a seamless policy lifecycle.

January 2025

The Hidden Costs of Misclassification in Workers Compensation Insurance

Workers compensation insurance is a critical safeguard, protecting both employees and employers from the financial impacts of workplace injuries. However, the misclassification of class codes within this insurance can lead to significant financial repercussions.

Three smiling construction workers on a job site, representing the types of injured workers supported by BerkleyNet and focused on the risks of worker misclassification in insurance.

Industry Trends in Workers Compensation Insurance

Hammer, nails and other construction tools on white background, BerkleyNet blog post about the risks of misclassified NCCI class codes in workers compensation insurance.

Commonly Misclassified NCCI Class Codes

Learn about common NCCI class code misclassifications and how to avoid costly errors in your business.

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Man wearing a hard hat speaking on the phone, representing prompt claims reporting in the construction industry for workers compensation insurance.

The Critical Role of Prompt Claims Reporting

Prompt workers compensation claim reporting ensures timely care and cost savings. Learn more BerkleyNet improves outcomes.

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Overhead view of a person typing on a laptop at a desk with office supplies, representing payroll reporting plans in workers compensation insurance.

Benefits of Choosing a Payroll Reporting Plan

Learn more about payroll reporting and how a policy may benefit from the flexibility and accurate premiums.

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Two men standing in front of semi-trucks, smiling, with one holding a clipboard, representing transportation industry workers and the importance of accurate workers comp class codes.

What's a Class Code in Workers Compensation?

Class codes make sure insurance costs are fair. Riskier jobs mean higher premiums, while safer jobs cost less.

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Back view of a firefighter using a hose to extinguish a fire, representing California fire restoration efforts and the importance of proper workers compensation insurance coverage.

Navigating Workers Compensation for Fire Relief and Rebuilding Efforts in California

Ensure compliance and avoid penalties by updating your policy for California operations.

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Case Studies

Wood-cutting saw in front of a partially built house, symbolizing construction work and the serious injuries that can occur on job sites, relating to BerkleyNet’s responsible management of workers compensation claims.

A Personal Approach to Managing Serious Injuries

How resilience and personalized care can lead to a remarkable recovery and return to work.

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