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Workers Compensation
Full Definition
A state-mandated form of insurance covering workers injured in job- related accidents. In some states the state is the insurer; in other states insurance must be acquired from commercial insurance firms. Insurance rates are based on a number of factors including salaries, firm history and risk of occupation.
Workers Compensation
Full Definition
A state-mandated form of insurance covering workers injured in job- related accidents. In some states the state is the insurer; in other states insurance must be acquired from commercial insurance firms. Insurance rates are based on a number of factors including salaries, firm history and risk of occupation.
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