Core Courses

Workers Compensation for the Transportation Industry

Course Details

hours
0.0
price
$99.00
This course is not subject to discount pricing.

Additional Credit Available:

Optional Insurance CE
Optional CPA CPE

Delivery Method: 

Self-Study

PDF Download: 

Available

Provider of Record: 

WebCE

Exam Requirements

Proctor Required: 

No

Passing Grade: 

70%

Retakes: 

Unlimited

Please note: Adding Additional Credit may change exam requirements.

Course Description
Studies show that 3.5 percent of all workers sustain workplace injuries in any given year. Transportation is the second most hazardous industry, with 5.2 out of every 100 transportation workers sustaining work-related injuries. Vehicle accidents are the most common causes of transportation industry injuries, but airline employees experience the most injuries. 

This course deals with workers compensation and employers liability insurance available for injured workers in various facets of the transportation industry. The course covers workers compensation law and  examines the terms of the standard workers compensation and employers liability policy and several relevant endorsements. Next, the course addresses federal workers compensation laws and some of the issues involved in insuring interstate operations under a state-based workers compensation system. The course concludes with the examination of laws and federal acts affecting maritime transportation and explains how employers can obtain insurance against the exposures these laws create.

Learning Objectives
This is an intermediate-level course. Upon successful completion, students will be able to:

  • recognize the background and purpose of workers compensation insurance
  • recognize the significance of an exclusive remedy for worker injuries
  • recognize the scope of state workers compensation statutes and identify ways in which state workers compensation statutes commonly vary
  • distinguish among various types of insurers and identify permissible alternatives to insurance
  • identify the distinctions between workers compensation and employers liability coverage
  • recognize the significance of all provisions in the standard workers compensation and employers liability policy and common endorsements to the policy
  • identify important issues and solutions in specifying the states where workers compensation insurance and other states insurance applies
  • identify the role of stop gap insurance
  • recognize the implications of each of the following federal acts and identify an appropriate means of providing coverage for a transportation company with exposures under these acts:
    • Defense Base Act
    • Migrant and Seasonal Agricultural Worker Protection Act
    • Jones Act
    • Outer Continental Shelf Lands Act
    • Longshore and Harbor Workers Compensation Act
    • Federal Employers Liability Act
  • recognize the bases on which a maritime employer might face exposures under maritime law and identify ways of insuring against those exposures

Prerequisites
An understanding of workers compensation exposures and insurance coverage.

CPE Field of Study

Management Services

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

By IRMI

International Risk Management Institute, Inc. (IRMI), is the premier provider of risk and insurance continuing education and reference services. IRMI was the first publisher of reference content covering the field of risk finance in 1983 with the publication of Risk Financing, a comprehensive reference resource on all aspects of traditional and alternative market approaches. IRMI is also publisher of the first newsletter to cover the field of captives, Captive Insurance Company Reports; two comprehensive books on the subject of captive insurance; and Captive.com, the first and foremost information resource and networking center on the Internet for the alternative market. Use the knowledge you gain from IRMI CE courses with confidence, knowing they are written by seasoned risk and insurance professionals who employ diligent quality assurance standards to provide the most up-to-date, practical, and reliable information possible.