Chesapeake Employers Insurance Company: Protecting Maryland Workers

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Chesapeake Employers Insurance Company is a Maryland-based insurance company that specializes in providing workers’ compensation insurance to businesses and their employees throughout the state. Founded in 1914, Chesapeake Employers has been providing Maryland workers with reliable and affordable insurance for over a century. In this article, we will explore who Chesapeake Employers Insurance Company is, what they do, and why they are an important part of Maryland’s work safety landscape.

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What Is Workers’ Compensation Insurance?

Let’s start with the basics. Workers’ compensation insurance is a policy that provides financial and medical benefits to employees who are injured or become ill on the job. All businesses in Maryland are required by law to have workers’ compensation insurance, and the cost of the policy is generally borne by the employer.

Workers’ compensation insurance provides a safety net for both employees and employers. For employees, it ensures that they will receive the care they need if they are hurt on the job. For employers, it protects them from the financial consequences of a workplace injury or illness, which can include lost wages, medical expenses, and legal fees.

Who Is Chesapeake Employers Insurance Company?

Chesapeake Employers Insurance Company is the largest writer of workers’ compensation insurance in Maryland. The company serves over 20,000 policyholders and covers more than 200,000 workers throughout the state.

Chesapeake Employers is a nonprofit, public corporation that is independent of the state government. The company is governed by a board of directors that is appointed by the governor of Maryland and confirmed by the state senate.

The History of Chesapeake Employers Insurance Company

Chesapeake Employers was founded in 1914 as the State Accident Fund. The company’s initial mission was to provide workers’ compensation insurance to state employees. Over time, the company began to offer coverage to private employers as well.

In 1922, the State Accident Fund was renamed the Injured Workers’ Insurance Fund (IWIF). Throughout the 20th century, IWIF continued to expand its coverage and services, becoming a trusted provider of workers’ compensation insurance in Maryland.

In 2013, the company rebranded as Chesapeake Employers Insurance Company to better reflect its statewide coverage and mission.

Chesapeake Employers’ Commitment to Safety

Chesapeake Employers is committed to promoting workplace safety in Maryland. The company offers a variety of resources and programs to help businesses reduce the risk of injuries and accidents on the job.

Some of the safety services offered by Chesapeake Employers include:

Program
Description
Safety Services
Chesapeake Employers offers free safety consultations and site visits to help businesses identify and mitigate workplace hazards.
Ergonomics Program
The company’s ergonomics program provides training and resources to help businesses reduce the risk of musculoskeletal injuries.
Loss Control Seminars
Chesapeake Employers hosts regular seminars and webinars on various safety topics, such as fall prevention and workplace violence prevention.

Why Choose Chesapeake Employers Insurance Company?

There are several reasons why businesses in Maryland choose to work with Chesapeake Employers Insurance Company for their workers’ compensation insurance needs. Here are just a few:

Experience and Expertise

With over a century of experience in the workers’ compensation industry, Chesapeake Employers has developed a deep understanding of the needs and challenges that businesses face when it comes to workplace safety and injury prevention. The company’s team of underwriters, claims professionals, and safety experts are dedicated to helping businesses navigate the complex world of workers’ compensation insurance.

Affordability

Chesapeake Employers is a nonprofit company, which means that they are able to operate at a lower cost than some for-profit insurance providers. This allows the company to offer competitive rates and keep premiums affordable for businesses of all sizes.

Commitment to Service

Chesapeake Employers is dedicated to providing excellent customer service to their policyholders. The company’s claims professionals are available 24/7 to respond to claims and provide assistance to injured workers and their employers.

Frequently Asked Questions About Chesapeake Employers Insurance Company

What Does Chesapeake Employers Insurance Company Do?

Chesapeake Employers Insurance Company provides workers’ compensation insurance to businesses and their employees throughout the state of Maryland. The company also offers a variety of safety resources and programs to help businesses reduce the risk of workplace injuries and accidents.

What Is Workers’ Compensation Insurance?

Workers’ compensation insurance is a policy that provides financial and medical benefits to employees who are injured or become ill on the job. All businesses in Maryland are required by law to have workers’ compensation insurance.

How Do I Get a Policy with Chesapeake Employers Insurance Company?

If you are a business owner in Maryland and are interested in obtaining workers’ compensation insurance through Chesapeake Employers, you can contact the company directly or work with a licensed insurance agent. Chesapeake Employers offers a variety of policy options and can provide customized coverage to meet the needs of your business.

How Do I File a Claim with Chesapeake Employers Insurance Company?

If an employee is injured or becomes ill on the job, they should report the incident to their employer as soon as possible. The employer should then file a claim with Chesapeake Employers on behalf of the injured worker. The claims process is designed to be simple and efficient, and Chesapeake Employers’ claims professionals are available 24/7 to assist with any questions or concerns.

What Is Chesapeake Employers’ Approach to Workplace Safety?

Chesapeake Employers is committed to promoting workplace safety in Maryland. The company offers a variety of resources and programs to help businesses reduce the risk of injuries and accidents on the job. Some of the safety services offered by Chesapeake Employers include free safety consultations, an ergonomics program, and regular seminars and webinars on various safety topics.

Conclusion

Chesapeake Employers Insurance Company has been providing Maryland workers with reliable and affordable workers’ compensation insurance for over a century. With a deep commitment to workplace safety and a team of experienced professionals, Chesapeake Employers is an important part of Maryland’s work safety landscape. If you are a business owner in Maryland and are in need of workers’ compensation insurance, consider working with Chesapeake Employers Insurance Company.

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