Workers Compensation Buyers Guide:
|
|
- Spencer Hamilton
- 8 years ago
- Views:
Transcription
1 Workers Compensation Buyers Guide: 5 Key Considerations for Staffing Company Owners and Insurance Agents 2011 Artex Risk Solutions. All rights reserved.
2 Table of contents About This Guide... 2 Five key considerations for your workers compensation program: #1 Carrier Ratings Matter, Don t They?... 3 #2 Stability and Commitment to Staffing Firms should be Position A in the Buying Process... 4 #3 The Workers Compensation Classification System and Staffing Companies... 6 #4 Staffing Companies and Experience Rating Modification Factors... 8 #5 Three Simple Benefits of Working with Artex on Your Staffing Firm Workers Compensation About Artex Risk Solutions Frequently Asked Questions Contact Artex Risk Solutions: The Staffing Firm Specialists
3 About This Guide Staffing company owners and their insurance agents are exceedingly aware of the importance of workers compensation, yet many are confounded by its ever-present complexity. While market conditions have softened during the past several years, the issue of stable, reliable coverage has tested even the best staffing firms. Under the Borrowed Servant doctrine, staffing companies take on a unique role as an employer providing labor on a contingent basis to the many clients they serve. Whether placing workers on a short-term or long-term assignment, staffing firms DNA is based on an employment relationship. Of course, fundamental to the role of an employer is the statutory requirement to provide workers compensation coverage for its workers. Central to the success of all staffing companies is the administration and management of their workers compensation program, particularly given the fact that workers compensation can be one of a staffing companies single largest cost of goods sold. Artex Risk Solutions has been a Program Administrator for Zurich American Insurance Company, for nearly 15 consecutive years. Zurich s financial ratings 1 are among the strongest: A.M. Best A+ (superior).* We ve designed this buyer s guide highlighting five key considerations to help you more effectively secure and manage your workers compensation program. We have listened to our clients and designed a workers compensation platform distinctively positioned to help meet your unique needs. We hope this buyer s guide is a beneficial resource for you, the staffing company owner and/or agent, and we look forward to putting our expertise to work for you. 1 As of November 2010; for information about the ratings of Zurich American Insurance Company, see the ratings section on For more complete financial information about the Zurich Financial Services Group and ratings for Zurich Insurance Company, access 2
4 Consideration #1: Carrier Ratings Matter, Don t They? Staffing companies are savvy insurance buyers. They understand the critical importance of the relationship they forge with their workers compensation carrier particularly the downstream credibility that teaming with a blue chip carrier can mean as they market themselves to businesses. As a Program Administrator for many alternative risk and complex group insurance programs, Artex only works with those insurance companies having a high A.M. Best rating. We have worked with Zurich American Insurance Company for 15 years in the staffing industry. Click here for their current financial highlights. Throughout the years, a number of poorly-rated insurance companies have failed, leaving staffing companies in the lurch. In fact, in early 2010 two unrated carriers that focused on the staffing and PEO sectors were taken over by the Oklahoma and Georgia Departments of Insurance and deemed insolvent. Choosing a strategic workers compensation carrier can and should include a detailed understanding of the carrier s A.M. Best, Moody s and Standard and Poor s ratings. Financial ratings by these organizations are designed to inform the insurance buyer of the carrier s underlying financial stability and longer-term outlook, and are available on-line and through most insurance agents. Though market conditions have been soft for the past several years, most industry experts suggest we are at the trough of the market cycle, and a flight to quality is occurring in the staffing industry. Your carrier s underlying rating is becoming an increasingly important part of the buying decision. 3
5 Consideration #2: Stability and Commitment to Staffing Firms should be Position A in the Buying Process The importance of a workers compensation carrier s underlying ratings is a critical factor in choosing a carrier, yet there s more to the buying decision than just rating. A commitment to the staffing industry and staying power is also of paramount importance. As staffing firms and their agents examine a carrier s commitment to the industry, the following key questions emerge on which we ve provided insight: 1. Can the carrier provide a list of long-term client references? Do you, the agent or staffing firm, see yourself aligned with that carrier? Would you consider the other staffing firms that are written by that carrier to be peer group companies or inferior? It s important for agents and staffing firm owners to know their carrier is serving the needs of similar peer group companies, and it s particularly important for the carrier to have been in the staffing space for a long period of time. This demonstrates longevity through the inevitable market cycles. Most importantly, find out what current insured staffing companies have to say about the carrier s service platform and staying power. 2. Does the carrier have adequate underwriting bandwidth in terms of states and class of business they can write to support your growth? Many smaller, regional firms, as well as unrated or poorly rated carriers, have serious limitations in terms of the states in which they are allowed to write. Though many staffing companies operate within single-state boundaries, your having to say no to a potential client because your carrier doesn t have full interstate capabilities would be a shame. 3. How does the carrier s marketing brand awareness connect with the staffing firm s brand image? Does it epitomize a blue-chip relationship or something less? For many staffing companies, aligning with a well- respected, well-known workers compensation carrier is critical to their success. Increasingly, Fortune 1000 companies risk management departments are requiring staffing companies to have the very highest A.M. Best rated carriers behind their insurance programs particularly for the workers compensation line of business before they will accept placed workers from that staffing company. The reality is that there is a direct quality relationship drawn between the staffing company and a key vendor, such as its workers compensation carrier. 4
6 Stability and Commitment to Staffing Firms continued 4. Understanding a carrier s commitment and stability within the staffing firm space is often rooted in its internal corporate structure. Ask and understand: a. Does top management support the carrier s presence in the staffing firm space? Over many years and through various market cycles, Artex has witnessed carriers ebb and flow into and out of the staffing space. Understanding the carrier s long-term view is a key to stabilizing your plan. b. Does the carrier rely on reinsurance to support its staffing firm underwriting activity, or does the carrier assume the risk net, or absorb the risk itself? When a carrier relies (heavily or not) on reinsurance to be in the staffing firm industry, their long-term presence/commitment may well be at odds with the position taken by the reinsurer. In harder market cycles, we find reinsurers have traditionally pulled back from providing support to temporary services firm workers compensation. This leaves a dearth of coverage for the unsuspecting staffing firm. As you investigate workers compensation alternatives, it s worth asking the question, How reliant is the prospective carrier on reinsurance? 5. Does the Program Administrator or carrier have the internal infrastructure to handle the unique ebb and flow payroll reporting characteristic of staffing firms, and how adept are they at handling the corresponding audits? Unlike traditional four-walled businesses, staffing firms are multi-dimensional and often have many class codes and broad shifts in the payroll they process. Traditional workers compensation billing and audit paradigms often lead to protracted audits, delays in unit statistical data filing, and uncertainty about the current period s cost of coverage. A program that supports the dynamic tracking of payroll and classification data for staffing firms is unquestionably a critical success factor to look for. This kind of infrastructure facilitates the staffing firm s audit process and frees up staff to manage revenue-producing initiatives as opposed to becoming mired in burdensome audits. 5
7 Consideration #3: The Workers Compensation Classification System and Staffing Companies It s a given that staffing firms are far more dynamic than the static workers compensation class codes found on most policies, since staffing firms are in the business of placing workers with various companies, often in a myriad of industrial sectors. These inherent realities call attention to the need for accurate classification of workers early in the process versus at audit time. Clearly, material reclassifications to higher classes can be problematic, as the staffing company oftentimes can t go back to their client and issue billing changes. A brief primer on classifications should prove helpful. At its roots, the NCCI and various workers compensation rating agencies have established classification systems as a standardized baseline for the accurate collection of data, so that the cost of workers compensation insurance can be distributed as equitably as possible. To do that, the classification system is designed to divide payroll data into specific industry groups in order to match the premium that you pay to the average potential risk of injury relative to that industry. Classifications within those industry groups reflect the risk characteristics central to those businesses, and are often known as the basic classification or governing code. For all employers, and especially for staffing firms, it s critical to underscore NCCI and all other rating bureaus fundamental tenet of classification: it is the business that is classified, not the individual placed workers, occupations, or operations within the business. In certain circumstances, the use of a code outside of the basic classification is warranted. For instance, some jobs are common to such a large majority of businesses that special classifications, known as standard-exception classifications, have been established. Employees performing work applicable to a standard exception classification are coded as such, if they meet the criteria in full for the standard exception code. If the criteria are not met in full, then the employee(s) falls under the highest-rated risk to which they are exposed. The four standard-exception classifications are: Clerical office or Drafting Employees (code 8810); Clerical office or Drafting Telecommuter Employees; (code 8871) Drivers, chauffeurs, and their helpers (code 7380, note: not applicable in AZ, CA, NV) Salespersons, collectors, or messengers-outside (code 8742). Note: Automobile salespersons are separately classified to code 8748 Because employees coded in standard-exception classifications are common to many businesses and lower rated, these codes are typically the most misused and have drawn the scrutiny of regulators to the staffing and PEO industries. The concept of governing code is vital to a successful risk management program for staffing companies providing labor to various businesses. Artex has found that a granular understanding of clients operations (both at the outset and ongoing), along with a detailed job description of the placed worker s duties, leads to better classification and fewer surprises at audit. What could be worse for a staffing company than having to go back and attempt to collect additional amounts from a client (that may even be gone) because the coverage was not properly classified? 6
8 The Workers Compensation Classification System and Staffing Companies continued There s economic incentive for the staffing company to vigorously understand its clients operations and to work in concert with its workers compensation underwriters, agents, and/or risk management consultants to determine proper classification. Inaccurate classification can lead to undue credit risk for the staffing company, underestimation of the severity of exposures, under-pricing of a staffing company s product and, finally, can adversely impact experience modification ratings when losses develop in line with the true underlying exposure. The importance of accurate classification for staffing companies becomes more focused in states such as Pennsylvania and Delaware, where workers compensation rating bureaus have implemented specific corresponding class codes for temporary workers. Be sure to check with your underwriter and agent up front to understand this evolving trend. To exemplify the concept of classifying based on the business versus the individual placed workers, we ll share real world examples that will be useful to your firm in understanding the importance of the classification system. Example 1 Staffing Firm X has an opportunity to provide clerical support staff to a local school district. Workers will generally be fulfilling clerical/administrative functions. Intuitively, one would first envision the use of 8810, the clerical class code. However, upon closer analysis, we find that schools fall under the 8868 classification (NCCI, et. al.) and clerical functions are not broken out separately. Therefore all workers, except for non-professional staff and drivers, are classified in the governing code of Another scenario emerges in the medical services arena where a staffing firm provides workers to doctor s offices. These operations also fall within an all- encompassing governing code, in this case 8832 (NCCI, 8834 CA). So, if staffing firm X provides administrative support to the doctor s office, that individual would be classified under the governing code 8832, not the clerical code Example 2 Staffing Firm X is placing non-skilled workers at a plastics manufacturing facility. The placed workers will solely be involved in janitorial clean-up work. Plastics manufacturing falls under the governing code of Therefore, all workers placed in that facility who were not otherwise in a standard exception code noted above, shall be classified in the governing code of Code 9014, janitorial service for others, would typically capture janitorial work; however, the placed worker is working at and for a plastics manufacturing facility, not for a janitorial firm. Therefore, the 4484 code would apply in this case. Interestingly, had the staffing firm placed that same worker at ABC Janitorial, who was doing work at the plastics manufacturing firm, that person would have been classified 9014, since he/she was working for a janitorial firm, which falls under the governing code 9014, janitorial service for others. Whether collecting proper fees to cover the placed worker, preserving the integrity of the staffing firm s experience rating modification, or reducing volatility in the workers compensation audit, having a rich understanding of the client company s operations and properly classifying them is invaluable to a staffing company. Through years of working with staffing companies, it s become clear that staffing companies derive long-term benefit from having direct, constant dialogue with their insurance agent, and most importantly with their insurance carrier s underwriting and audit teams. 7
9 Consideration #4: Staffing Companies and Experience Rating Modification Factors Experience modification can have a major impact on a staffing firm s overall cost of workers compensation. Whether your firm is in an NCCI state or in a state with its own rating bureau, it s critical for staffing companies to have a baseline understanding of how the experience rating system works and how you can lower your cost of insurance. At the most fundamental level, the experience modification system is a merit-based rating methodology that incentivizes employers to minimize workplace injuries and that equitably distributes the cost of workers compensation among employers within particular industry classifications. The experience rating system is designed to: blend macro-historic loss data on a statewide basis for specific industries; project benefit levels that must be paid by an insurer for expected losses within that specific industry, and project the specific history of payroll and claims of a given individual company (typically known as experience the combination of claims and payroll at a class code level). Similar to the technical stock analysts beta tool which forecasts future volatility of a given stock relative to other stocks, experience modification in workers compensation compares the experience of a given company with all other companies in similar classifications and predicts future experience. This mathematical comparison results in the experience modification factor (commonly known as the emod ), and is expressed as a percentage or a decimal (with 1.00 known as unity ). This indicates the given company has claims experience on par with the given industry classification. If the experience rating is greater than 1.00, for example 1.10, the risk has a greater probability of underperforming (having higher claims than the industry at large) and would carry a correspondingly higher insurance charge (+10%) to reflect their experience. On the other hand, an experience rating less than 1.00, for example.90, indicates the risk has claims lower than the industry average (better than average performance) and is economically rewarded for their safety record (-10%). While the actual experience rating factor is based on payroll, workers compensation class codes and losses within those codes, qualifying risks for experience rating is based on the premium generated by a given company. Experience modification is mandatory in all states, and most staffing firms are subject to experience modification given the importance/magnitude of workers compensation to their livelihood. NCCI and state rating bureaus set minimum annual premium qualification thresholds for experience modification that typically are in the $5,000 range, and commonly comprise the previous three policy periods, excluding the most recent. Check with your insurance agent about exact qualifications for your staffing company. 8
10 Staffing Companies and Experience Rating Modification Factors continued Although beyond the scope of this guide, it is useful to understand the key elements of the experience rating formula. We encourage you to work with your insurance agent and/or visit resources such as for further background on the experience rating formula. Following is a synopsis of the NCCI formula. It s important to understand that non-ncci states utilize their own formulas that are variations on this same theme: Primary Losses Stabilizing Value Ratable Excess Totals (1 minus Weighting Weighting Value Actual Primary Value) Ballast x Losses x Value Actual Excess = Total A Expected Excess Losses Losses (1 minus Weighting Weighting Value Expected Value) Ballast x Primary Losses x Value Expected Excess = Total B Expected Excess Losses Losses For the experience rating modification, divide Total A by Total B, then round to two decimal places. Your experience modification factor is calculated by the rating bureau on an annual basis and impacts your policy based on your Normal Anniversary Rating Date (commonly known as ARD ). These are the month and day emod changes that apply to your policy. ARDs can vary, but most often coincide with your policy inception date. There are circumstances that cause policies to cancel or extend, which can impact the ARD. Rating bureaus are systematic in their treatment of ARDs to eliminate the potential for insureds to unfairly take advantage of a lower experience modification and/or rates for a longer period of time. Insureds may attempt to do this by cancelling their policy mid-term and rewriting in hopes of carrying their ARD forward for an extended period. In the scenario described above, the lower emod and rates would apply only until the companies ARD, and from that point forward the new rates and appropriate emod would apply. 9
11 Staffing Companies and Experience Rating Modification Factors continued Two simple immediate steps a staffing company can take to positively impact its experience modification factor, and thereby lower its cost of coverage, include: 1. Because temporary services companies typically operate in multiple class codes, it s critical a staffing firm s risk management department has clear understanding of the specific risk characteristics at their client companies, and importantly has the ability to influence a safe environment. If a client company has a debit experience modification factor (> 1.00) and your company is placing workers in that environment, your workers will likely be at higher risk than at a company in the very same business with a credit e-mod (< 1.00). To be sure, this does not necessarily mean the prospective worksite is not safe, but it does signal to the staffing firm placing the worker that the history at that particular company has been worse than the average in that business. That can impact your experience over the longer run. 2. Claims drive experience modification factors, yet claims are a reality an employer must deal with on a proactive basis. Staffing companies that take a laissez faire approach to claims ( letting the insurance company handle them ) consistently have higher experience modification factors and are ultimately paying more for their workers compensation insurance, have lower gross margins, and are generally less competitive with other staffing firms. Conversely, those staffing firms that work collaboratively with their insurance agents, carrier s underwriting, claims and/or TPA and audit teams, can lower their overall cost of coverage. Below are inspirations for consideration: Have a detailed step-by-step disciplined system for handling/reporting every claim. Do not leave it to the site level employer to report your claim to your insurance company. Statistics strongly support that the timelier a claim is reported, the lower the cost of the claim. Conversely, if the lag time, or the number of days between the original date of injury and the date of filing the workers compensation claim exceeds 10 days, claims are more likely to be litigated. Only 22% of claims reported within the first 10 days are litigated compared to 47% when the claim is reported more than 31 days after the occurrence. Studies show that back injuries as a whole cost 35% more if not reported within the first week of occurrence! (Source: NCCI) Bottom line, a critical buying decision for your workers compensation is whether or not your prospective carrier and TPA can support you in mitigating lag time! As these simple examples illustrate, failure to report claims in a timely fashion can lead to profoundly higher costs of claims, higher e-mods and a materially higher cost of coverage. Indemnity or lost-time claims can have an adverse impact on your e-mod. Work with your carrier s TPA claims team to help implement a dynamic return-to-work program. Be sure your prospective carrier and/or TPA can share this kind of expertise with you. The faster you get employees back to work, the lower the indemnity portion of claim goes minimizing the impact on your e-mod. 10
12 Staffing Companies and Experience Rating Modification Factors continued Know in advance where you will send workers if they are injured on the job. Do not leave this to chance! A critical buying decision for you is whether or not your carrier and/or TPA: 1) has deep geographic Preferred Provider Networks to handle your claims, and 2) can offer you real-time, on-line access to those networks so the employee, site level employer and everyone at your staffing company knows exactly where to send that injured worker based on his/her injury. Leaving this to chance not only can delay coverage, but can also lead to treatment at higher-cost facilities. The adverse economic impact to staffing companies is substantial, yet tools are available to you that don t typically have incremental cost to you. Ask and learn! In conclusion, it s important to note the material impact an experience modification factor can have on a staffing company, both from a favorable and negative perspective. As we explore the subject further, it becomes crystal clear that a strategic risk management approach to claims can make or break a staffing company s experience modification factor. Over the past three years, Artex has observed many staffing companies jumping on the lowest cost of coverage, only to see their experience modification factors creep up as claims were not diligently handled. What was thought to be cheap comp actually is costing the company more economically and administratively. This is a theme that replays itself in times of economic uncertainty and depressed workers compensation rates, yet those staffing companies that strategically position themselves with carriers that bring a diverse set of risk management tools tend to mitigate the broader swings in e-mods and lower their overall cost of coverage over the long run. Our advice: E-mods matter, so ask the detailed questions about strategic risk and claims management! 11
13 Consideration #5: Three Simple Benefits of Working with Artex on Your Staffing Firm Workers Compensation 1. With a 15-year track record, Artex s provides our agent and staffing-firm insureds the stability, strength and commitment they demand. 2. We provide underwriting and program management services to staffing firms of all sizes, ranging from smaller regional staffing firms to among the nation s largest. Our staffing firm-centric, on-line client management platform allows: staffing firms to issue certificates of insurance without having to contact your insurance agent, speed of response for your customers and liberation for the insurance agent. 3. We know economics counts! Our surveys of long-term staffing firm clients and their insurance agents consistently show that the Artex program meets their needs from an economic viability standpoint, and continually exceeds both of their needs from a day-to-day servicing standpoint. 12
14 About Artex Risk Solutions Artex Risk Solutions delivers collaborative expertise to insurance agents and their clients from specialists who assess, formulate, and design highly-responsive insurance programs ranging from alternative risk (captive) structures for individual companies and groups, to specific industry guaranteed-cost programs. Staff Guard is a highly-responsive, guaranteed-cost workers compensation program that provides agents and staffing companies unparalleled responsiveness and turnkey solutions, including unbundled claims management through Gallagher Bassett and Artex s Analytics and Claims Advocacy services. Frequently Asked Questions Q: How long does it take to underwrite a typical staffing firm? A: With a complete submission, our systems allow us to move through the underwriting process in as little as one week for a typical middle market staffing firm. Most commonly, we recommend planning on approximately 30 days to go through the underwriting process. Q: What about financial statements what do you require? A: Since Artex seeks to partner with staffing firms that will be in the business a long time, we do require financial statements. Artex understands not all companies have audited statements, and many have an accounting firm review and compile their year-end statements. Reviewed and compiled statements will suffice. To the extent neither of the foregoing is available, Artex requests current year-to-date and preceding two year s end income statements, balance sheets and, if available, a statement of cash flows. Q: Is Artex competitively priced in the staffing firm market? A: Artex has successfully underwritten staffing firm for nearly 15 years. We understand the importance of economically viable insurance programs for our staffing firm customers, and our longevity in the market suggests we are providing competitively priced coverage along with a highly responsive on-line service platform. Q: What if my staffing firm has class codes that are on your excluded list? Does that mean we cannot do business together? A: Artex takes a thorough look at each staffing firm to understand not only their risk management capabilities, but also what their client companies operations and employee placements comprise. In certain cases, we make exceptions for best-in-class risks. 13
15 Contact Artex Risk Solutions: The Staffing Firm Specialists There is much for a staffing firm and its insurance agent to consider when placing its workers compensation coverage. We hope this buyer s guide has provided you with useful insights and information that will help you in this ever-critical element of a staffing firm s livelihood. We invite you to call Artex today to speak with a member of our staffing firm experts team. We appreciate the opportunity to work with you. Call today! Contact: Andy Atsaves or , Ext. 223 Monday Friday 8 a.m. to 5:00 p.m. MST Other contact information. artexstaffguard.com Artex Cedar Hill main Office 8800 East Chapparral Drive Suite 230 Scottsdale, AZ (480) A A (02/11) Artex Risk Solutions. All rights reserved. Insurance coverages are underwritten by individual member companies of Zurich in North America, including Zurich American Insurance Company. Certain coverages are not available in all states. Some coverages may be written on a nonadmitted basis through licensed surplus lines brokers. 14
A PEO Owner s and Insurance Agent s Workers Compensation Buyers Guide
A PEO Owner s and Insurance Agent s Workers Compensation Buyers Guide 2011 Artex Risk Solutions. All rights reserved. Table of contents About This Guide...2 A PEO and its client: Differentiation that s
More informationBreaking Down Work Comp Premium
3. 4. Missouri Employers Mutual Understand How it Can Add Up to Savings For more information: www.mem-ins.com 1.800.442.0593 These recommendations were developed from national standards and sources believed
More informationWORKERS COMPENSATION EXPERIENCE MODIFICATION FACTOR. For All That Matters
WORKERS COMPENSATION EXPERIENCE MODIFICATION FACTOR For All That Matters WHAT S A WORKERS COMPENSATION EXPERIENCE MODIFICATION FACTOR? Your Work Comp Experience Modification Factor (E-Mod) is a primary
More informationWorkers Compensation: Practical Tips for Dealing With NCCI s Split Point Rating Change
Workers Compensation: Practical Tips for Dealing With NCCI s Split Point Rating Change November 2012 Lockton Companies A key factor in your workers compensation premium is your experience mod. The e-mod
More informationAn unconventional solution that makes solid business sense
Business owners across the globe face a similar challenge: how to sell more, spend less and attract and retain highly-skilled, productive employees. And for the average small or mediumsized business owner,
More informationHOW TO REIN IN WORKERS COMPENSATION COSTS. October 2013
HOW TO REIN IN WORKERS COMPENSATION COSTS October 2013 COST DRIVERS: PREMIUMS AND CLAIMS COSTS Insurers pushing for workers compensation rate increases. Especially risks with unfavorable loss experience
More informationA case for bundled claim management
A case for bundled claim management A case for bundled claim management A decision concerning claim services can be a complex one for risk managers. The two key considerations cost and quality of service
More informationWorkers' Compensation Insurance Purchasing Guide
Workers' Compensation Insurance Purchasing Guide Introduction to the Workers' Compensation Insurance Buying Process What s inside: Trends Types Terms & Criteria Choosing a Provider Businesses that have
More informationEXPERIENCE. COMMITMENT. STABILITY.
EXPERIENCE. COMMITMENT. STABILITY. 5 Why experience rating? Insurance is the spreading or sharing of risk by a group of policyholders who are likely to experience losses. The losses of an entire group
More informationWhat is Your Acceptable Level of Workers Compensation Risk?
October 2013 A PMA Companies Thought Leadership Publication What is Your Acceptable Level of Workers Compensation Risk? Knowing this answer and targeting your loss prevention program around it can transform
More informationInsurance Bulletin. Stretching Your Insurance Dollar. Rethinking What s Required: Business Automobile Coverages
Insurance Bulletin bulletin #10 Stretching Your Insurance Dollar CNA and the NUCA Safety and Risk Management Committee are proud to provide you with this information. We trust that you will find it useful
More informationHow to Choose a Life Insurance Company *YP½PPMRK 4VSQMWIW A 2014 GUIDE THROUGH RELEVANT INDUSTRY INFORMATION
How to Choose a Life Insurance Company *YP½PPMRK 4VSQMWIW A 2014 GUIDE THROUGH RELEVANT INDUSTRY INFORMATION Because the most important people in your life will car, or computer, most people are completely
More informationCalculating value during uncertainty: Getting real with real options
IBM Institute for Business Value Calculating value during uncertainty: Getting real with real options Traditional valuation techniques often fail to capture or adequately quantify the value created by
More informationCorporate Consulting Services, Ltd. Workers Compensation in Today s Environment
Corporate Consulting Services, Ltd. Workers Compensation in Today s Environment 2014 Corporate 2014 Corporate Consulting Consulting Services, Services, Ltd. Ltd. Forces Impacting Workers Compensation Today
More informationAon Risk Solutions Experience Modification Rating An Accurate Measure of Safety?
Aon Risk Solutions Experience Modification Rating An Accurate Measure of Safety? Rick Church, CSP, ARM, Director, Risk Control Services Aon Risk Solutions Construction Services Group 1901 Main Street,
More informationVERMONT DEPARTMENT OF BANKING, INSURANCE, SECURITIES, AND HEALTH CARE ADMINISTRATION
VERMONT DEPARTMENT OF BANKING, INSURANCE, SECURITIES, AND HEALTH CARE ADMINISTRATION TECHNIQUES TO STABILIZE VERMONT WORKERS COMPENSATION PREMIUM COSTS AND MINIMIZE THE IMPACT OF LARGE CLAIMS Prepared
More informationMinnesota Experience Rating Plan Manual
Minnesota Experience Rating Plan Manual TABLE OF CONTENTS 1 PREFACE TO THE MINNESOTA EXPERIENCE RATING PLAN MANUAL...P1 A. JURISDICTION WHERE MANUAL APPLIES...P1 B. JURISDICTIONS WHERE MANUAL DOES NOT
More informationTHE PREMIUM AUDIT PROCESS
THE PREMIUM AUDIT PROCESS TOPICS COVERED What is a premium audit? When is an audit performed? What types of audits are conducted? How do I prepare for my audit What records will I need? Certificates of
More informationWORKERS COMPENSATION GLOSSARY
WORKERS COMPENSATION GLOSSARY ACCIDENT An unplanned and unexpected event which occurs suddenly and at a definite place resulting in injury and/or damage. ACCIDENT FREQUENCY The rate of the occurrence of
More informationWCB-Alberta. 2014 Premium Rates
WCB-Alberta 2014 Premium Rates Foreword The Alberta Workers Compensation Board sets premium rates annually for each industry. This guide is meant to provide a basic understanding of the process for setting
More informationSTRATEGIES FOR MANAGING WORKERS COMPENSATION EXPERIENCE MODIFICATION FACTORS
STRATEGIES FOR MANAGING WORKERS COMPENSATION EXPERIENCE MODIFICATION FACTORS Introduction The National Council on Compensation Insurance (NCCI) recently announced its plan to modify how a company s Experience
More informationNEW JERSEY COMPENSATION RATING & INSPECTION BUREAU EXPLORING THE COST OF A WORKERS COMPENSATION INSURANCE POLICY
NEW JERSEY COMPENSATION RATING & INSPECTION BUREAU EXPLORING THE COST OF A WORKERS COMPENSATION INSURANCE POLICY 2007 INTRODUCTION This booklet provides a basic explanation of how the cost of a New Jersey
More informationBy Seth Gillston, with commentary from Tom Kim
M&A Risk Management: Collateral Liabilities and Solutions By Seth Gillston, with commentary from Tom Kim M&A Risk Management: Collateral Liabilities and Solutions Seth Gillston with commentary from Tom
More informationRisk Management Briefing Navigate a Challenging Insurance-Related Issue
Risk Management Briefing Navigate a Challenging Insurance-Related Issue Self-Insurance: What Every Contractor Should Know Self-insured. In the purest sense, it implies being big, powerful, and self reliant.
More informationWorkers Compensation. Are Costs Controllable?
Workers Compensation Are Costs Controllable? Your WC Risk Costs Has your WC premium gone down in recent years? Has your WC premium stayed the same? Has your WC premium gone up in recent years? Are you
More informationWORKERS COMPENSATION RATEMAKING PROCESSES OF THE NATIONAL COUNCIL ON COMPENSATION INSURANCE, INC.
WORKERS COMPENSATION RATEMAKING PROCESSES OF THE NATIONAL COUNCIL ON COMPENSATION INSURANCE, INC. JANUARY 2014 CONTENTS 1. Introduction... 1 Scope... 1 Overview of the NCCI Ratemaking Methodology... 2
More informationWorkers Compensation (WC)
Workers Compensation (WC) A. WC: What It Is B. WC: Why You Need It C. WC: Who It Covers D. WC: What It Costs E. WC: Claims F. WC: Audits G. WC: How To Buy It H. WC: 10 Good Things To Ask About WC (A) What
More informationTo Unbundle or Bundle: Is This Even the Most Important Question?
May 2015 A PMA Companies Thought Leadership Publication Workers Compensation To Unbundle or Bundle: Is This Even the Most Important Question? Workers Compensation To Unbundle or Bundle: Is This Even the
More informationBelow is a general overview of Captives with particular information regarding Labuan International and Business Financial Centre (Labuan IBFC).
LABUAN CAPTIVES Below is a general overview of Captives with particular information regarding Labuan International and Business Financial Centre (Labuan IBFC). Kensington Trust Labuan Limited is a licensed
More informationOccupational Accident
Occupational Accident Work injury solutions for independent contractors A guide to Zurich s products, services and advantages Why Zurich for Occupational Accident insurance? Trucking companies with an
More informationUnderstanding Captives and Alternative Risk Transfer
Understanding Captives and Alternative Risk Transfer Putting your insurance premiums to work for you Managing risk as you manage your bottom line What do Verizon, Coca-Cola, BP and most Fortune 500 sized
More informationOpening the Door to Zurich s Professional Employer Organization Insurance Program: How to Write PEO Business
Opening the Door to Zurich s Professional Employer Organization Insurance Program: How to Write PEO Business ZProgramsMatch Webinar Series August 17, 2010 Agenda PEO Program Specialists Program Introduction
More informationData Communications Company (DCC) price control guidance: process and procedures
Guidance document Contact: Tricia Quinn, Senior Economist Publication date: 27 July 2015 Team: Smarter Metering Email: tricia.quinn@ofgem.gov.uk Overview: The Data and Communications Company (DCC) is required
More informationguide to understanding PEO billing reports
guide to understanding PEO billing reports guide to understanding PEO billing reports Table of Contents page Introduction i Why PEOs 1 How Do PEOs Bill for Services? 2 Gross Payroll / Payroll Taxes 3 Federal
More informationSample Solutions SABER RISK SOLUTIONS, LLC 2700 POST OAK BLVD., SUITE 1400 HOUSTON, TEXAS 77056 832-369-7554 WWW.SABERRISKSOLUTIONS.
Sample Solutions SABER RISK SOLUTIONS, LLC 2700 POST OAK BLVD., SUITE 1400 HOUSTON, TEXAS 77056 832-369-7554 WWW.SABERRISKSOLUTIONS.COM Empowered Data Services Can you effectively answer the multiple questions
More informationHow To Rate Workers Compensation In Texas
Workers Compensation Basics Coverage Comparisons Bare Employer responsible No planned benefits for injured worker or their family members Employer subject to loss as large as jury awards Occupational/Accident
More informationMBA PROGRAM. Opportunity to Become a Master Broker Agent (MBA) PMS 2955 and PMS 122 PROGRAM MARKETING ADMINISTRATOR FOR
Opportunity to Become a Master Broker Agent (MBA) MBA PROGRAM PROGRAM MARKETING ADMINISTRATOR FOR PMS 2955 and PMS 122 Getting Started 3 Program Attributes 4 About Pride Risk Solutions Program Administrator
More informationUnderstanding a Firm s Different Financing Options. A Closer Look at Equity vs. Debt
Understanding a Firm s Different Financing Options A Closer Look at Equity vs. Debt Financing Options: A Closer Look at Equity vs. Debt Business owners who seek financing face a fundamental choice: should
More informationLesson 1 Introduction to Classification
Lesson 1 Introduction to Classification 1. Objective This lesson explains the purpose of the classification system and how it impacts the premium of workers compensation insurance. 2. Introduction to Classification
More informationClaims Management. Our Claims Management Mission. Claims Management Team
Claims Management Our Claims Management Mission To provide the highest level of customer service, proactive claims management, and loss control strategies that will reduce the cost of risk, increase customer
More informationKNOWLEDGE IN MOTION A N N U A L R E P O R T 2 0 1 3
KNOWLEDGE IN MOTION ANNUAL REPORT 2013 A LETTER FROM THE CEO 2013 Management Team Senior Management Gregory A. Burton, President & CEO T.J. Obrokta, Jr., COO & General Counsel J. Christopher Howat, Senior
More informationWCIRB REPORT ON THE STATE OF THE CALIFORNIA WORKERS COMPENSATION INSURANCE SYSTEM
STATE OF THE SYSTEM WCIRB REPORT ON THE STATE OF THE CALIFORNIA WORKERS COMPENSATION INSURANCE SYSTEM Introduction The workers compensation insurance system in California is over 100 years old. It provides
More informationMinnesota Workers' Compensation Assigned Risk Plan. Financial Statements Together with Independent Auditors' Report
Minnesota Workers' Compensation Assigned Risk Plan Financial Statements Together with Independent Auditors' Report December 31, 2012 CONTENTS Page INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS: Balance
More informationVolunteer Return to Work
Volunteer Return to Work Volunteer Modified Duty Handbook Workers Compensation Fund toll-free: 1.800.446.2667 web: www.wcfgroup.com Although preventing injuries is the best way to control workers compensation
More informationPENTARISK PERSPECTIVES
PENTARISK PERSPECTIVES PentaRisk Insurance Services Newsle er Volume 2 Issue 2 February 2015 40 Tips for Contractors to Reduce Insurance Costs The following list of 40 tips provides suggestions on how
More informationBusiness-critical Insurance
Business-critical Insurance Identifying those insurances that support the business and its strategy Guide 2015 Contents Introduction... 4 Categories of insurance... 5 Determining which insurance covers
More informationNATIONAL INSURANCE BROKERS ASSOCIATION OF AUSTRALIA (NIBA) Submission to WorkCover Western Australia. Legislative Review 2013
NATIONAL INSURANCE BROKERS ASSOCIATION OF AUSTRALIA (NIBA) ABOUT NIBA Submission to WorkCover Western Australia Legislative Review 2013 February 2014 NIBA is the peak body of the insurance broking profession
More informationExperience Rating Plan Manual for Workers Compensation and Employers Liability Insurance
Experience Rating Plan Manual for Workers Compensation and Employers Liability Insurance Rule 1.A Rule 1.B.1 Rule 1.B.2 Experience rating recognizes the differences among insureds by comparing the experience
More informationAN EMPLOYER S GUIDE TO WORKERS COMPENSATION IN NEW JERSEY
AN EMPLOYER S GUIDE TO WORKERS COMPENSATION IN NEW JERSEY I. WHAT IS WORKERS COMPENSATION?... 2 II. WORKERS COMPENSATION BENEFITS... 3 III. INSURANCE REQUIREMENTS... 4 Types of Coverage Definition of Employee
More information3205 Willow Lane Harrisburg, PA 17110-9343
(717) 576-5984 www.advanceyourmission.net 3205 Willow Lane Harrisburg, PA 17110-9343 ADVISORY NOTES June 2010 INTRODUCTION Many nonprofit organizations planning a facilities project will need to secure
More informationMINNESOTA AGGREGATE FINANCIAL DATA REPORTING GUIDEBOOK. Annual Calls for Experience Valued as of December 31, 2015
MINNESOTA AGGREGATE FINANCIAL DATA REPORTING GUIDEBOOK Annual Calls for Experience Valued as of December 31, 2015 11/5/2015 ANNUAL CALLS FOR EXPERIENCE As the licensed Data Service Organization in Minnesota,
More informationManage Your EMR: Why Ex Mods Are A Poor Safety Measurement And What You Can Do About It!
Dave Smith & Company Manage Your EMR: Why Ex Mods Are A Poor Safety Measurement And What You Can Do About It! The EMR (Workers Compensation Insurance Experience Modification Rating) continues to be used
More informationUnderstanding Participating Whole. equimax
Understanding Participating Whole Life Insurance equimax CLIENT GUIDE ABOUT EQUITABLE LIFE OF CANADA Equitable Life is one of Canada s largest mutual life insurance companies in Canada. For generations
More informationWhat are Captive Insurance Companies?
What are Captive Insurance Companies? Captives offer unparalleled benefits for the companies that use them. They allow a company to obtain insurance coverage that is tailored to its unique risks, rather
More informationDCRB DELAWARE COMPENSATION RATING BUREAU, INC.
DCRB DELAWARE COMPENSATION RATING BUREAU, INC. DELAWARE WORKERS COMPENSATION CLASSIFICATION PLAN OVERVIEW INTRODUCTION THE PURPOSE OF THIS DOCUMANT, PREPARED BY THE DELAWARE COMPENSATION RATING BUREAU
More informationAPPENDIX A NCUA S CAMEL RATING SYSTEM (CAMEL) 1
APPENDIX A NCUA S CAMEL RATING SYSTEM (CAMEL) 1 The CAMEL rating system is based upon an evaluation of five critical elements of a credit union's operations: Capital Adequacy, Asset Quality, Management,
More informationTravPay SM. Policyholder user s guide SMALL BUSINESS WORKERS COMPENSATION
TravPay SM Policyholder user s guide SMALL BUSINESS WORKERS COMPENSATION CONTENTS ABOUT GETTING IMPORTANT UNDERSTANDING CREATING THIS GUIDE SUPPORT INFORMATION THE PROCESS YOUR ACCOUNT PLEASE READ 1 2
More informationQuick Guide to Workers Compensation
Quick Guide to Workers Compensation What Is Workers Compensation Insurance? Workers compensation insurance covers businesses for their statutory and legal obligations for employee expenses that are a direct
More informationTWELFTH ANNUAL SOUTHERN SURETY AND FIDELITY CLAIMS CONFERENCE
TWELFTH ANNUAL SOUTHERN SURETY AND FIDELITY CLAIMS CONFERENCE CONTRACTOR DEFAULT INSURANCE v. SURETY BONDS ARE TRADITIONAL CONTRACT BONDS OBSOLETE? PRESENTED BY: ELISE M. FROHSIN, ESQUIRE STARNES & ATCHISON,
More informationQuick Guide to Workers Compensation for Small Business
Quick Guide to Workers Compensation for Small Business Do I Need Workers Compensation Coverage? Generally speaking, businesses must obtain workers compensation coverage if they have employees that are
More informationZurich Insurance Middle East S.A.L. Commercial Insurance to protect your business
Zurich Insurance Middle East S.A.L Commercial Insurance to protect your business 2 Each business is unique and understanding your needs is at the heart of what we do. We appreciate that one size doesn
More informationFive Best Practice Strategies for Maintaining Excellence in Workers Compensation Self-Insured Groups
Five Best Practice Strategies for Maintaining Excellence in Workers Compensation Self-Insured Groups Safety National is the market leader for providing excess workers compensation coverage for self-insured
More informationINNOVATION. Gaining a Competitive Advantage in Workers Compensation. May, 2011. Sponsored by:
INNOVATION vs.inertia AND REGULATION Gaining a Competitive Advantage in Workers Compensation May, 2011 Sponsored by: INNOVATION vs. INERTIA AND REGULATION Gaining a Competitive Advantage in Workers Compensation
More informationTen Simple Steps to Reduce Your Workers Compensation Costs
Ten Simple Steps to Reduce Your Workers Compensation Costs For companies that need help controlling workers compensation costs, our firm is uniquely qualified to create change and positive forward movement.
More informationThe Board s Role in Risk Management
The Board s Role in Risk Management What you will learn: Definition of risk and risk management Options for addressing school district risks Issues to consider when selecting a risk management solution
More informationHow to Choose a Life Insurance Company
How to Choose a Life Insurance Company A Guide through Financial Data and Industry Information The Guardian Life Insurance Company of America New York, NY 10004-4025 Table of Contents Page 1. Mutuality...
More informationManaging Risk at Bank of America Corporation. Overview
Managing Risk at Bank of America Corporation Overview Risk is inherent in every material business activity that we undertake. Our business exposes us to strategic, credit, market, liquidity, compliance,
More informationWhat is an Emod? What is an Emod? Experience Modifier Not to be confused with Emöd, Hungary
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Experience Mod Calculation WCF Underwriting Top Questions About Emods 1. What is an Emod? 2. How do I qualify? 3. So it s just a comparison? 4. I haven t had any
More informationHow to Choose a Disability Insurance Company
How to Choose a Disability Insurance Company Fulfilling Promises A 2014 GUIDE THROUGH RELEVANT INDUSTRY INFORMATION The Guardian Life Insurance Company of America (Guardian) is one of the largest mutual
More informationRating Methodology for Domestic Life Insurance Companies
Rating Methodology for Domestic Life Insurance Companies Introduction ICRA Lanka s Claim Paying Ability Ratings (CPRs) are opinions on the ability of life insurance companies to pay claims and policyholder
More informationpg. pg. pg. pg. pg. pg. Rationalizing Supplier Increases What is Predictive Analytics? Reducing Business Risk
What is Predictive Analytics? 3 Why is Predictive Analytics Important to Sourcing? 4 Rationalizing Supplier Increases 5 Better Control of Sourcing and Costs 6 Reducing Business Risk 7 How do you implement
More informationWorkers Compensation Experience Modification Rate: The Split Point Threat August 15, 2014
Workers Compensation Experience Modification Rate: The Split Point Threat August 15, 2014 John Sweeney Vice President Marsh & McLennan Agency LLC Split Point Threat The purpose of the presentation is to
More informationUsing Independent Contractors: A Guide to IRS and Insurance Guidelines
Using Independent Contractors: A Guide to IRS and Insurance Guidelines Table of Contents About this guide.................................. 1 Defining an independent contractor and their............ 2
More informationExperience Rating in LMCIT s Liability and Workers Compensation Premiums
INFORMATION MEMO Experience Rating in LMCIT s Liability and Workers Compensation Premiums Understand League of Minnesota Cities Insurance Trust s (LMCIT s) experience rating formula, which compares the
More informationFeeley & Driscoll, P.C. Certified Public Accountants / Business Consultants
CONTRACTOR March > April 2015 5 ways contractors can reduce their insurance premiums Detect the defects Six Sigma can help take customer service to the next level Plus! Construction Success Story Improving
More informationUnderstanding the Role and Requirements of Collateral in Loss-Sensitive Insurance Programs
March 2013 A PMA Companies Thought Leadership Publication: Executive Brief Understanding the Role and Requirements of www.pmacompanies.com Member of Old Republic Companies Understanding the Role and Requirements
More informationAmeriHealth Casualty Services
AmeriHealth Casualty Services Help protect your employees and your business with affordable workers compensation insurance and services. Table of contents Introduction... 1 Workers compensation services
More informationDirectors & Officers dedicated worldwide protection. A guide to Zurich s Side A policy
Directors & Officers dedicated worldwide protection A guide to Zurich s Side A policy Global insurance protection for your corporate leaders Corporate leaders have increasingly become targets of regulatory
More informationKansas association of school Boards. Workers Compensation Fund, inc. School Districts Insuring School Districts
Kansas association of school Boards Workers Compensation Fund, inc. School Districts Insuring School Districts About the Fund A fundamental guiding principle of the KASB Workers Compensation Fund is the
More informationProcurement Transformation Division. Procurement guidance. Engaging and managing consultants. Includes definitions for consultants and contractors
Procurement guidance Engaging and managing consultants Includes definitions for consultants and contractors Procurement guidance: Engaging and managing consultants Page 2 of 17 Table of contents Table
More information11/15/2010. Money Saving Secrets to Reduce Workers Compensation Costs. New Jersey Medicaid Case Mix Reimbursement and your Facility Insurance
Presented by: Elio Vecchiarelli, CIC Money Saving Secrets to Reduce Workers Compensation Costs www.niagroup.com New Jersey Medicaid Case Mix Reimbursement and your Facility Insurance As of July 1, 2010
More informationfor Analysing Listed Private Equity Companies
8 Steps for Analysing Listed Private Equity Companies Important Notice This document is for information only and does not constitute a recommendation or solicitation to subscribe or purchase any products.
More informationLevy Consultation 2010/11. Accident Compensation Corporation. Work Levy Rates for Employers and Self-Employed People
Levy Consultation 2010/11 Accident Compensation Corporation Work Levy Rates for Employers and Self-Employed People Your chance to have your say on what you pay Deadline for Submissions 5.00 pm, 10 November
More informationBest Practices for Reducing Workers' Compensation- Related Costs
Best Practices for Reducing Workers' Compensation- Related Costs Sept. 24 How to Ask a Question Questions Panel Type your questions into the Questions panel and click Send. How to Submit Your CE for This
More informationControl Costs by Understanding Experience Rating. Prepared by: Specific Software Solutions
Control Costs by Understanding Experience Rating Prepared by: Specific Software Solutions Copyright 2003 by Timothy L. Coomer All rights reserved. This book, or parts thereof, may not be reproduced in
More informationWORKERS' COMPENSATION INSURANCE
Office of Information Technology Maine Employer s Mutual Insurance Company s (MEMIC) Rates The Bureau s website includes the following link to MEMIC s rates, charged per $100 of payroll for all classifications:
More informationEXPERIENCE RATING PLAN MANUAL for
NEW YORK EXPERIENCE RATING PLAN MANUAL for WORKERS COMPENSATION and EMPLOYERS LIABILITY INSURANCE 2006 Edition NEW YORK COMPENSATION INSURANCE RATING BOARD 200 EAST FORTY-SECOND STREET NEW YORK, NY 10017
More informationProcess of Establishing a Surplus Policy for the New Jersey School Boards Insurance Group
1 Process of Establishing a Surplus Policy for the New Jersey School Boards Insurance Group Background In 2010 the Board of Trustees of the New Jersey School Boards Insurance Group (NJSBAIG) developed
More informationZurich Corporate Directors & Officers Liability Insurance: Zurich D&O Select. Raising the bar
Zurich Corporate Directors & Officers Liability Insurance: Zurich D&O Select Raising the bar Zurich s Corporate Directors & Officers Liability insurance Zurich D&O Select is here to help. A changing national
More information(SAMPLE) REQUEST FOR PROPOSAL PROPERTY AND LIABILITY RISK MANAGEMENT AND INSURANCE CONSULTING SERVICES
REQUEST FOR PROPOSAL FOR PROPERTY AND LIABILITY RISK MANAGEMENT AND INSURANCE CONSULTING SERVICES Section I General Specifications TABLE OF CONTENTS Page No. 1.1 Introduction and Background 2 1.2 Additional
More informationSales Channel Performance Solutions
Optimize Your Territories - Increase Sales by 15% Grow Sales Through Territory Optimization KEY BENEFITS Better customer coverage and customer service lead to increased productivity and revenue Call prioritization
More informationGauging Current Conditions: The Economic Outlook and Its Impact on Workers Compensation
August 2014 Gauging Current Conditions: The Economic Outlook and Its Impact on Workers Compensation The exhibits below are updated to reflect the current economic outlook for factors that typically impact
More informationAt NCCI, producing and delivering
AN OVERVIEW OF DATA QUALITY by Michael B. Spears Chief Officer NCCI Holdings, Inc. ENSURING DATA QUALITY ACROSS THE WORKERS COMPENSATION INDUSTRY REPRESENTS A TREMENDOUS INVESTMENT OF TIME, RESOURCES,
More informationHCC REVENUE CYCLE management Reveal the Overlooked, Omitted and Obscure Capture Full Clinical Support for Requisite Revenue Mitigate Audit Risk medicare advantage revenue cycle management Driver of Plan
More informationWashington, DC. A World-Class City for Captive Insurance
Washington, DC A World-Class City for Captive Insurance Washington, DC A World-Class City for Captive Insurance The Risk Finance Bureau regulates captive insurance companies, risk retention groups and
More informationTitle 24-A: MAINE INSURANCE CODE
Title 24-A: MAINE INSURANCE CODE Chapter 52: MAINE EMPLOYERS' MUTUAL INSURANCE COMPANY HEADING: PL 1991, c. 615, Pt. D, 1 (new) Table of Contents Section 3701. PURPOSE... 3 Section 3702. DEFINITIONS...
More informationAs the costs associated. Captive Solutions for Medical Stop Loss: Take Your Self-Insurance Program to the Next Level by Allison Repke
Captive Solutions for Medical Stop Loss: Take Your Self-Insurance Program to the Next Level by Allison Repke As the costs associated with providing healthcare coverage continue to rise, companies are looking
More informationWorkers Compensation. Premium Negotiation Tips
Premium Negotiation Tips All information provided in this report and any documents ancillary thereto ("Report") are provided for information purposes only. Although the information found in this Report
More informationTHIRD PARTY ADMINISTRATION (TPA) EXPERTISE MARITIME CLAIMS SERVICES OVERVIEW CONSTRUCTION CLAIMS GENERAL LIABILITY
THIRD PARTY ADMINISTRATION (TPA) EXPERTISE MARITIME CLAIMS CONSTRUCTION CLAIMS GENERAL LIABILITY SERVICES OVERVIEW WELCOME TO CONDON CLAIMS MANAGEMENT We believe that the success of your insurance program
More information10 WAYS TO SAVE $10,000 IN HUMAN RESOURCES
10 WAYS TO SAVE $10,000 IN HUMAN RESOURCES 1 The Largest Line Item in any Surgery Center s Budget is Hiding the Most Savings Operating efficiently has become increasingly important as the ambulatory surgery
More information