Key Takeaways Workers’ compensation insurance protects employees and safeguards the financial stability of small business owners in the event of workplace injuries or illnesses.
Every state has unique requirements, so staying updated on legal obligations and regulations is key to compliance and risk reduction.
Investing in effective safety programs and ongoing employee training can significantly reduce claims and lower associated insurance costs over time.
Technology and data-driven strategies transform how small businesses manage risks, report claims, and promote safer work environments.