For contractors, on-the-job injury costs are a major part of total risk. While state workers compensation laws drive much of this cost, energy companies near water must also comply with federal laws like the Longshore and Harbor Workers’ Compensation Act, the Jones Act, and maritime law. This course covers how these laws interact with workers compensation insurance and their impact on the insurance line.

• Identify the scope of coverage provided under the workers compensation policy and utilize this information to select appropriate recommendations for coverages needed by a given energy industry employer;
• Identify the effect of various workers compensation endorsements and specific coverage enhancements valuable to a given employer;
• Recognize the mechanics of the workers compensation marketplace and identify the options open to a given employer to fulfill the requirements of the workers compensation laws; and
• Recognize energy industry employments that may be subject to federal workers compensation statutes or maritime law and identify ways of insuring those exposures.

Property and casualty insurance agents, risk, safety, and finance professionals