Skip to main content

The Staffing Insurance Crisis: Why Fewer Carriers Want to Cover Your Business, Darling πŸ·πŸ’Ό

 

Oh, buckle up, my glamorous go getters, because the staffing insurance market? It’s shrinking faster than last season’s spandex in a hot dryer. And let me tell you why: fraud, fraud, and more fabulous fraud.

For years, scammy staffing agencies have been gaming the system, piggybacking on other people’s policies, underreporting payroll, and handing out fake insurance certs like cheap perfume samples. Insurance carriers? They’ve had enough. After getting burned by sky high claims, unpaid premiums, and entire companies vanishing faster than a diva’s patience at a budget boutique, many carriers are packing up their underwriters and saying “no thanks” to staffing risks altogether.

And who pays the price? You, darling. The legitimate businesses. The ones doing it right. Now you’re left begging for quotes, facing sky high premiums, or worse, no coverage at all. And don’t even think about a competitive rate if your industry so much as whispers the word “temp.”

This isn’t just a pricing issue, it’s a trust issue. Carriers don’t trust the market anymore, and why should they? Too many bad actors in this soap opera have left a mess of lawsuits, unpaid claims, and broken promises.

So what can you do? Be loud. Be legal. Be transparent. Work only with staffing agencies who have verified, up to date policies. And if someone tries to sell you a deal that feels too good to be legit? It’s a scam wrapped in a sales pitch. Shut. It. Down.

Because Miss Piggy believes in insurance, darling, but she believes in real coverage, not glitter dusted lies.



✨ #StaffingFraud #InsuranceCrisis 

#VerifyEverything πŸ›‘️ #ProtectYourBusiness πŸ’Ό #WorkersComp 🚨 #FraudPrevention πŸ† #StopTheScams ✨

Comments

Popular posts from this blog

The Fraudsters of Fresno, The Tip of The Iceberg!

Exposing Bad Players in the Staffing and Insurance Industry: The Mrs. Piggy Saga Introduction In the shadowy corners of the staffing and insurance industry, where deals are brokered and secrets whispered, there exists a character known as Mrs. Piggy . She’s not your typical insurance agent or HR recruiter. No, Mrs. Piggy is a staffing spanking dominatrix —a force to be reckoned with, wielding her metaphorical whip to expose the underbelly of an industry rife with deception. This blog post aims to peel back the layers and shed light on the murky practices that have plagued the staffing and insurance world. Buckle up; we’re diving deep into the rabbit hole, and Mrs. Piggy is leading the way. The MEWA Fraud Case, A Five-Year Odyssey Our story begins with the MEWA Fraud Case , a saga that has simmered for half a decade. The central characters— Marcus Asay and Antonio Gastelum —are no ordinary players. They orchestrated a web of deceit through their organizations: the American La...

Inside the Black Market Workers' Compensation Scandal, the Next Big Short!

Hey there, Buzzfeed & Google readers! Strap in, because we're about to take a deep dive into a story that sounds like it's straight out of a Hollywood script, except it's very real and it's unfolding in sunny California. The Shadow World of Workers' Comp In the bustling light industrial temporary staffing world, a scandal is simmering, and it's being bankrolled by none other than PAYCHEX . Picture this: a multi-billion dollar bubble swelling under our feet, ready to pop and send shockwaves through the lives of workers, taxpayers, insurance companies, banks, and businesses alike. The Trifecta of Trouble Why is this bubble growing faster than a TikTok trend? Three words: demand, supply, and, sadly, fraud. There's a ravenous hunger for workers, and temporary staffing agencies are feeling the pressure to deliver, consequences be damned. With insurance fraud ramping up, insurers are backing out, leaving a gaping hole for shady dealings. And let...

Piggybacking, A Fraudulent Tail (and Tale) in Workers' Comp πŸ·πŸ’Ό

  Oh, darlings, do pull up a chair because Miss Piggy has a scandal to unravel that’s juicier than a gossip column and dirtier than a pigsty. It’s the sordid tale of piggybacking,   a fraudulent scheme in workers’ compensation that’s turning the staffing industry into a circus of greed and deceit. And let me tell you, the stars of this show aren’t just shady; they’re downright villainous. Now, for the uninitiated, piggybacking isn’t some cute term for teamwork. No, no, it’s when a staffing agency skips out on buying its own workers' comp insurance and instead borrows another company’s policy like a bad houseguest who never leaves. These fraudsters, the so called Piggybackers, parade their fake certificates of insurance (oh, the audacity! 🐽) while unsuspecting workers and businesses are left footing the bill when things go south. Take Mike Ersling, for instance, a name that deserves its own place in the fraud hall of fame. This porky perpetrator shoved $300 million of payroll ...