How Will COVID-19 Affect Workers Comp Costs?

That is the million-dollar question – or more accurately, the billion-dollar question – for insurance carriers and employers trying to find their way through uncharted territory with the coronavirus pandemic. The number of states moving to grant workers comp eligibility to frontline and essential workers who fall ill with COVID-19 is growing, and so too, is speculation about how much
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New Law Poses Billion Dollar Workers Comp Problem for Uber, Lyft

Can Uber, Lyft Afford Workers Comp Costs? The new California law that re-classifies workers in certain industries as employees could cost ride-sharing companies Lyft and Uber more than $1 billion in workers compensation insurance premiums. The law, dubbed AB 5 and signed by California Governor Gavin Newsom on Sept. 18, will qualify over half a million drivers at the ride-sharing
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