ACRONYMS AND ABBREVIATIONS
|
|
- Hilary Brown
- 8 years ago
- Views:
Transcription
1 - Acronyms Worker Compensation commonly used Acronyms This section of acronyms is taken from The Workers Compensation Insurance Organizations a voluntary association of authorized or licensed rating, advisory, or data service organizations that collect workers compensation insurance information in one or more states. ACRONYMS AND ABBREVIATIONS
2 INTRODUCTION TO ACRONYMS AND ABBREVIATIONS The insurance industry s vocabulary is riddled with acronyms, abbreviations and 'catchy' names. A roadmap is essential to effectively move about the insurance world. For example: Comp BEEP - free tickets to a Dolphins football game or a line of business in insurance, short for workers compensation. - a high-pitched sound of a horn or Bureau Entry and Edit Package developed by ACCCT. Although entitled Acronyms and Abbreviations, this section also includes 'catchy' names. The acronyms and abbreviations in this section are not defined; however, their definitions can be found in the glossary under its full name; e.g. ASWG can be found under Advisory Statistical Work Group. In the section titled Acronyms and Abbreviations, not all terms are insurance related, but are commonly used in the business and data reporting environment.
3 ACRONYMS AND ABBREVIATIONS A AAA AAI AASCIF ACAS ACORD ACCCT ACCEDE ADQIP AIA AIDM AKA ALAE AMCOMP ANSI App ARD ARAP ARP ASC ASCII American Academy of Actuaries Alliance of American Insurers American Association of State Compensation Insurance Funds Associate of Casualty Actuarial Society Association for Cooperative Operations Research & Development American Cooperative Council on Compensation Technology Automated Carrier Call Edit and Data Entry (Minnesota) Aggregate Data Quality Incentive Program (NCCI s) American Insurance Association Associate Insurance Data Manager Also Known As Allocated Loss Adjustment Expense The American Society of Workers Compensation Professionals, Inc. American National Standards Institute Short For Application Anniversary Rating Date Assigned Risk Adjustment Program Assigned Risk Plan Accredited Standards Committee American Standard Code for Information Interchange
4 A ASP ASWG AWW AY Application Service Provider Advisory Statistical Work Group Average Weekly Wage Accident Year B BBS BBS BEEP BSI 5/17 BWC Bulletin Board Services Bulletin Board Systems Bureau Entry & Edit Package (ACCCT s) Bulk Self-Insured Premium (5) & Loss (17) Forms Bureau of Workers Compensation (Ohio) C C Report CAOM CAS CAY CAYAR CAYCM CAYE CBA Correction Report Compensation Advisory Organization of Michigan Casualty Actuarial Society Calendar Accident Year (Report) Calendar Accident Year Assigned Risk (Report) Calendar Accident Year Capitated Medical (Report) Calendar Accident-Year Expense (Report) Cost-Benefit Analysis
5 C CCIA CCO CEO CEP CFO CIDM CIO CIGA Comp COO CNP CPAP CPCU Crits CSO CV CWCI CWP CY CYE Colorado Compensation Insurance Authority (Old Name for Colorado Fund) Coordinated Care Organization Chief Executive Officer Company Edit Package Chief Financial Officer Certified Insurance Data Manager Chief Information Officer California Insurance Guarantee Association Short for Workers Compensation Chief Operating Officer Closed No Payment Contractors Premium Adjustment Program Chartered Property and Casualty Underwriters Short for Letters of Criticism CompSource Oklahoma Critical Value California Workers Compensation Institute. Closed Without Payment Calendar Year (Report) Calendar Year Expense (Report)
6 CYR Calendar Year Reconciliation (Report) D D Ratio DASD DBA DCA DCI DCO DCRB Dec Page DEP DNQ DOI DP DQ DSC DSR DWP Short for Discount Ratio Direct Access Storage Device Doing Business As Data Collection Agency Detailed Claim Information Data Collection Organization Delaware Compensation Rating Bureau (also known as Delaware Bureau) Short for Declaration Page Direct Earned Premium Do/Does Not Qualify Department/Division of Insurance Data Processing Data Quality Data Standards Committee Designated Statistical Reporting Direct Written Premium (Report) E EBCDIC EBNR Extended Binary Coded Decimal Interchange Code Earned But Not Reported
7 E Commerce EDI Short for Electronic Commerce Electronic Data Interchange E EL ELR Factor E-Mod EPO ERM14 ERM6 ETD ERP Ex-Med Employers Liability Expected Loss Rate Factor Short for Electronic Mail Short for Experience Modification Exclusive Provider Organization Experience Rating Modification Change of Ownership Form Experience Rating Modification Form Estimated Target Date California Workers Compensation Experience Rating Plan Short for Excluding Medical F F Classes or Codes FCAS FCIP FCOD FCRD FDIP Short for Federal Classifications or Codes Fellow of Casualty Actuarial Society Financial Calls Incentive Program (Minn) Financial Calls on Diskette (NCCI s) software Financial Call Reporting by Diskette (Minn) Financial Data Incentive Program (DE/PA)
8 FDRA FCMHSA FEIN Financial Data Reporting Application (DE/PA) Federal Coal Mine Health and Safety Act Federal Employer Identification Number F FELA FROI FTP Federal Employers Liability Act First Report of Injury File Transfer Protocol G GIGO GUI Garbage-In Garbage-Out Graphic User Interface H H/C HCFA Hard Copy Health Care Financing Administration HIPAA Health Insurance Portability and Accountability Act of 1996 HMO HTTP Health Maintenance Organization Hyper Text Transfer Protocol I IAIABC International Association of Industrial Accident Boards and Commissions
9 IBNR ICD Codes ICRB ICRs Incurred But Not Reported International Classification of Disease Codes Indiana Compensation Rating Bureau Individual Case/Claim Reports I IDMA IDMS IEE IIA Ind(s) IPA IRIS IS ISO ISP IT IWIF Insurance Data Management Association Integrated Database Management System Insurance Expense Exhibit Insurance Institute of America Short for Independent State Rating Organization(s) Individual Practice Association Insurance Regularoty Information System Information System Insurance Services Office, Inc. Internet Service Provider Information Technology Injured Workers Insurance Fund (of Maryland) J JCL JUA Job Control Language Joint Underwriting Association
10 K KEMI Kentucky Employers Mutual Insurance L LAE Loss Adjustment Expense L LAN LOA LWCC Local Area Network Letter of Authority Louisiana Workers Compensation Corporation M MAAA MCO MEM MEMIC MGA MIS MO(s) Mod MSF Member of the American Academy of Actuaries Managed Care Organization Missouri Employers Mutual Maine Employers Mutual Insurance Company Managing General Agent Management Information System Medical Only(s) Short for Experience Rating Modification Monopolistic State Fund
11 MWCIA Minnesota Workers Compensation Insurers Association N N/A NOC NAIC NAICS Not Applicable Not Otherwise Classified National Association of Insurance Commissioners North American Industry Classification System N NAII NAPEO NCCI NCITS NCRB NJCRIB NPD NPD NOA NPE NYCIRB NYFCIS National Association of Independent Insurers National Association of Professional Employer Organizations National Council on Compensation Insurance, Inc. National Committee for Information Technology Standards North Carolina Rate Bureau New Jersey Compensation Rating and Inspection Bureau (Also known as New Jersey Bureau) No Payroll Developed No Payroll Division Notice of Assignment No Payroll Expended New York Compensation Insurance Rating Board (Also known as New York Bureau) New York Financial Call Information System
12 O OD OSHA Occupational Disease Occupational Safety and Health Administration P Page 15 PCRB PEO PICS Short for Page 15 of the Insurance Annual Statement Pennsylvania Compensation Rating Bureau (Also known as Pennsylvania Bureau) Professional Employer Organization Policy Issue Capture System (NCCI s) P PIF PIR POC PPO PSP PY PYAR PYCM PYF PYLD Policies-In-Force Pending Initial Rating Proof of Coverage Preferred Providers Organization Premium by Size of Policy Policy Year (Report) Policy Year Assigned Risk (Report) Policy Year Capitated Medical (Report) Policy Year Federal (Classification Report) Policy Year Large Deductible (Report)
13 Q QC QDWP Quality Control Quarterly Direct Written Premium (Report) R R Report Retros RFI RFB RFP RFQ Short for Replacement Report Short for Retrospective Ratings Request for Information Request for Bid Request for Proposal Request for Quote R RIMS RISK ID RM RMAPS SM RY Risk and Insurance Management Society Risk Identification Number Residual Market Residual Market Application Processing System (NCCI s) Report Year S Sched Z SAWW Schedule Z State Wide Average Weekly Wage
14 SCAD SCAD-ED1 SCIF SF(s) SFM SIC SIF SIF SIF(s) SIG(s) SIIS SRP Program for Submission of California Aggregate Data Software for Entering and Validating Aggregate Financial Data (Calif.) State Compensation Insurance Fund (Calif.) State Fund(s) State Fund Mutual (Insurance Company of Minnesota) Standard Industry Classification Second Injury Fund State Insurance Fund (of Oklahoma) Self-Insured Fund(s) Self-Insured Group(s) State Industrial Insurance System (of Nevada) Schedule Rating Premium (Report) S SSN Stat SWIF Social Security Number Short for Statistical, e.g., Stat Agent, Stat Plan, Stat Codes, etc. State Workers Insurance Fund (of Pennsylvania) T T/A TPA TRIA Trading As Third Party Administrator Terrorism Risk Insurance Act
15 U U/R ULAE Unit URC URE URQ USL & HW or USL&H USR USRP Unit Report Unallocated Loss Adjustment Expense Short for Unit Statistical Report Unit Report Control (NCCI s) Unit Report Expansion (NCCI s) Unit Report Quality (NCCI s) United States Longshoremen and Harbor Workers Unit Statistical Report California s Workers Compensation Uniform Statistical Reporting Plan V Vol Comp Vol Short for Voluntary Compensation Short for Voluntary Insurance V VR VSAM Short for Vocational Rehabilitation Virtual Storage Access Method W WAN WC Wide Area Network Workers Compensation
16 WCCDCI WCCNTL WCDM WCESTAT WCF WCIO WCNOA WCIRBC WCPOLS WCRATE WCRB WCRI WCRATING WCRIBM Workers Compensation Detailed Claim Information (Electronic Format for DCI Data) Workers Compensation Control (Electronic Format for the Control of Unit Report Data) Workers Compensation Data Monitoring Workers Compensation Error Statistical (Electronic Format for Unit Report Errors) Workers Compensation Fund (of Utah) Workers Compensation Insurance Organizations Workers Compensation Notice of Assignment (Electronic Format for Notice of Assignment) Workers Compensation Insurance Rating Bureau of California (Also known as California Bureau) Workers Compensation Policies (Electronic Format for Policy Data) Workers Compensation Rate (Electronic Format for Rates) Wisconsin Compensation Rating Bureau Workers Compensation Research Institute Workers Compensation Rating (Electronic Format for Rating Worksheets) Workers Compensation Rating Inspection Bureau of Massachusetts (Also known as Massachusetts Bureau)
17 W WCSTAT WSI WWW Workers Compensation Statistical (Electronic Format for Unit Report Data) Workplace Safety and Insurance (North Dakota) World Wide Web X XML X-Mods Extensible Mark Up Language Short for Experience Modifications Y Y2K Year 2000 Z ZIP CODE Zoning Improvement Plan Code. MISCELLANEOUS 120-BYTE 250-BYTE INTERIM 250-BYTE FULL Electronic Format for Pre-ASWG Unit Report Data (120 Positions) Electronic Format for Pre-ASWG Unit Report Data, reported in the New ASWG Format (250 Positions) Electronic Format for ASWG Unit Report Data (250 Positions)
GLOSSARY TERMS GLOSSARY
Workers Compensation Glossary of Terms This section of terms is taken from The Workers Compensation Insurance Organizations a voluntary association of authorized or licensed rating, advisory, or data service
More informationWorker s Compensation Terminology Quick Reference Guide
Worker s Compensation Terminology Quick Reference Guide American Medical Association (AMA): It is a professional association intended for the promotion of best practices, uniform standards and peer review.
More informationList of State Residual Insurance Market Entities and State Workers Compensation Funds
List of State Residual Insurance Market Entities and State Workers Compensation Funds On November 26, 2002, President Bush signed into law the Terrorism Risk Insurance Act of 2002 (Public Law 107-297,
More informationComparison of Multiple (Cross) Data Types
NCCI S Comparison of Multiple (Cross) Data Types January 26 29, 2016 Palm Beach County Convention Center West Palm Beach, FL Comparison of Multiple (Cross) Data Types Presented by: Julie Gonzalez and
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 informationCLIENT INFORMATION. State: Non Profit PROPOSAL INFORMATION
Sales Rep: XcelHR PEO Branch: CLIENT INFORMATION Company Name: Payroll Contact: Address: City: Phone: FEIN: SIC: Years in Business: Type: Sole Proprietor L.L.P. Corp State: Zip: Fax: Web site: NAICS: Description
More informationCommissioner Donna Lee H. Williams 841 Silver Lake Boulevard * Dover, DE 19904 * (302) 739-4251 (Hours: Mon-Fri 8-4:30 EST) www.state.de.
Commissioner Donna Lee H. Williams 841 Silver Lake Boulevard * Dover, DE 19904 * (302) 739-4251 (Hours: Mon-Fri 8-4:30 EST) www.state.de.us/inscom FORMS AND RATES BULLETIN 14 INCORPORATED Submission Date:
More informationWorkers' Compensation Policy Forms and Endorsements
ALPHABETICAL INDEX Forms are listed alphabetically by form title. The forms included in this section, which WOLTERS KLUWER FINANCIAL SERVICES makes available as stock items, are as follows: 1. Standard
More informationCIRCULAR LETTER NO. 2137
January 8, 2010 CIRCULAR LETTER NO. 2137 To All Members and Subscribers of the Bureau: Adoption of NCCI s 2009 Retrospective Rating Plan Manual, Corresponding Massachusetts State Exception Pages and Retrospective
More informationNCCI s. and Management. Copyright 2009 National Council on Compensation Insurance, Inc. All Rights Reserved.
NCCI s Data Collection and Management Services Topics Core Services Data Life Cycle Data Collection Components Data Quality Components Data Reporting Services Data Providers Data Reporting Services - Regulators
More informationThe State of Competition in the Workers' Compensation Market 2015
Maine State Library Maine State Documents Insurance Documents Professional and Financial Regulation 12-30-2015 The State of Competition in the Workers' Compensation Market 2015 Maine Bureau of Insurance
More informationManage Your Experience Modification Rate
Dave Smith & Co Inc Manage Your Experience Modification Rate Average View Of Insurance Why the Ex Mod is a Poor Safety Measure and What you Can Do About It Actual What Is The EMR? Workers Compensation
More informationWorkers Compensation Insurance Overview
Workers Compensation Insurance Overview Presented by Laura Backus Hall, CPCU State Relations Executive February 18, 2015 Overview of Presentation What is Workers Compensation Insurance? Workers Compensation
More information(In effect as of January 1, 2004*) TABLE 5a. MEDICAL BENEFITS PROVIDED BY WORKERS' COMPENSATION STATUTES FECA LHWCA
(In effect as of January 1, 2004*) TABLE 5a. MEDICAL BENEFITS PROVIDED BY WORKERS' COMPENSATION STATUTES Full Medical Benefits** Alabama Indiana Nebraska South Carolina Alaska Iowa Nevada South Dakota
More informationHow To Pay Medical Only Claims On Workers Compensation Claims
Workers Compensation Small Medical-Only Claims: Should an employer pay them or turn them in to the insurance company? by Maureen Gallagher The most common question an insurance agent gets from employers
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 informationWorkers Compensation Guide
Workers Compensation Guide Table of Contents Introduction: The Workers Compensation System 1 A Great Social Compromise 1 Chapter 1: Policy Organization, General Section 5 Policy Organization 5 General
More informationWCIRB Workers Compensation Conference. California Workers Compensation System in 2012 A WCIRB Perspective Dave Bellusci, WCIRB Chief Actuary
6/19/212 W o r k e r s C o m p e n s a t i o n I n s u r a n c e R a t i n g B u r e a u o f C a l i f o r n i a WCIRB Workers Compensation Conference Silverado Resort Napa, California June 14, 212 California
More informationWorkers Compensation Cost Data
Workers Compensation Cost Data Edward M. Welch Workers Compensation Center School of Labor and Industrial Relations Michigan State University E-mail: welche@msu.edu Web Page: http://www.lir.msu.edu/wcc/
More informationHow To Check If An Employer Is Self Insured For Workers Compensation
Proof of Workers Compensation Insurance Coverage Most states have online verification sites for proof of workers compensation insurance coverage. Several of these are similar in design and are administered
More informationMinnesota Forms Manual. Minnesota Workers Compensation Insurers Association, Inc.
Minnesota Forms Manual Minnesota Workers Compensation Insurers Association, Inc. INDEX MINNESOTA FORMS MANUAL The following forms and endorsements in this Minnesota Forms Manual have been approved by the
More informationHow To Change The Terrorism Risk Insurance Program
STATE RELATIONS REGULATORY SERVICES Circular DECEMBER 28, ANNOUNCEMENT FL 13 Florida Item 04 FL Terrorism Risk Insurance Program Reauthorization Act of ACTION NEEDED BACKGROUND IMPACT NCCI ACTION PERSON
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 informationThe Workers Compensation Application provides for workers' compensation, employer's liability, and voluntary compensation coverages.
ACORD 130 Instructions ACORD 130 - Workers Compensation Application ACORD's Workers Compensation Application is a self-contained Commercial Lines application that does not require the completion of the
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 informationConnecticut Voluntary Loss Cost and Assigned Risk Rate Filing Proposed Effective January 1, 2015
Connecticut Voluntary Loss Cost and Assigned Risk Rate Filing Proposed Effective January 1, 2015 The 2014 Connecticut Workers Compensation Voluntary Loss Costs and Assigned Risk Rates ( Filing ) is the
More informationFull Medical Benefits**
(In effect as of January 1, 2006*) TABLE 5a. MEDICAL BENEFITS PROVIDED BY WORKERS' COMPENSATION STATUTES Full Medical Benefits** Alabama Indiana Nebraska South Carolina Alaska Iowa Nevada South Dakota
More informationReporting of Deductible Programs
Reporting of SUMMARY OF REPORTING OF DEDUCTIBLE PROGRAMS These instructions and requirements for the Reporting of is a centralized resource that provides you with details on the following: Overview of
More informationFederal Coverages & Niche Programs Policy Rules & Reporting Requirements. Presented by: Julie Gonzalez and Shani Oulton. Objective
Federal Coverages & Niche Programs Policy Rules & Reporting Requirements Presented by: Julie Gonzalez and Shani Oulton Copyright 2015 National Council on on Compensation Insurance, Inc. Inc. All All Rights
More informationWCIRB Data Reporting Handbook
WCIRB Data Reporting Handbook Published: October 23, 2015 Policy Reporting Workers Compensation Insurance Rating Bureau of California 1221 Broadway, Suite 900 Oakland, CA 94612 www.wcirb.com Notice The
More informationHawai i s Workers Compensation System; Coverage, Benefits, Costs: 1994-2004
Hawai i s Workers Compensation System; Coverage, Benefits, Costs: 1994-2004 Lawrence W. Boyd Ph. D. University of Hawaii-West Oahu Center for Labor Education and Research January 12, 2006 1 Introduction
More information(In effect as of January 1, 2005*) TABLE 20. OCCUPATIONAL HEARING LOSS STATUTES
(In effect as of January 1, 2005*) TABLE 20. OCCUPATIONAL HEARING LOSS STATUTES Alabama Y 1 yr. NIS NIS ME N Y $11,660 $35,860 Carrier P N 1/ Alaska Y D-2 yrs. NIS NIS ME N N 2/ 2/ Employee P N Y Arizona
More informationNovember 2, 2005. Circular Letter 05-1471. New Minnesota Employee Leasing Rules and Endorsements
Minnesota Workers Compensation Insurers Association, Inc. 7701 France Avenue South Suite 450 Minneapolis, MN 55435-3200 November 2, 2005 ALL ASSOCIATION MEMBERS Circular Letter 05-1471 RE: New Minnesota
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 informationEmployee Leasing/ PEO Policy Rules and Reporting Requirements. Presented by: Julie Gonzalez and Shani Oulton. Objectives
Employee Leasing/ PEO Policy Rules and Reporting Requirements Presented by: Julie Gonzalez and Shani Oulton Copyright 2015 National Council on on Compensation Insurance, Inc. Inc. All All Rights Reserved.
More informationWorkers' Compensation
Workers' Compensation Workers compensation provides benefits to injured employees for accidents or occupational diseases arising out of, and in the course of, their employment. Compensation coverage is
More informationWorkers Compensation & Employers Liability Insurance Quote Information for the HF Thompson Insurance Agency. Applicant Information
The Thompson Agency wants to help you evaluate and improve upon your current employee safety practices, reducing the incidence of on-the job injuries while serving your patients or clients as Home Healthcare
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 Impact Your Workers Comp Premium. Erin Rosiello Regional Business Development Manager Southwest Ohio
How to Impact Your Workers Comp Premium Erin Rosiello Regional Business Development Manager Southwest Ohio Why We Are Here Today o To provide a high-level overview of Ohio workers compensation, and how
More informationWorkers Compensation State Guidelines & Availability
ALABAMA Alabama State Specific Release Form Control\Release Forms_pdf\Alabama 1-2 Weeks ALASKA ARIZONA Arizona State Specific Release Form Control\Release Forms_pdf\Arizona 7-8 Weeks by mail By Mail ARKANSAS
More informationPOOL PROCEDURES for EXISTING POLICIES
Administrator of the Massachusetts Workers Compensation Assigned Risk Pool POOL PROCEDURES for EXISTING POLICIES (Updated March 17, 2014) The most recent updates are highlighted. Table of Contents Table
More informationBUSINESS DEVELOPMENT OUTCOMES
BUSINESS DEVELOPMENT OUTCOMES Small Business Ownership Description Total number of employer firms and self-employment in the state per 100 people in the labor force, 2003. Explanation Business ownership
More informationB-1429 PAGE 1 FILING MEMORANDUM ITEM B-1429 ESTABLISHMENT OF AUDIT NONCOMPLIANCE CHARGE PURPOSE BACKGROUND
NATIONAL COUNCIL ON COMPENSATION INSURANCE, INC. (Applies in: AK, AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MD, ME, MO, MS, MT, NC, NE, NH, NJ, NM, NV, OK, OR, RI, SC, SD, TN,
More informationFrequently Asked Questions
West Virginia Offices of the Insurance Commissioner Workers Compensation Carrier Forum Frequently Asked Questions 1) When can workers compensation carriers begin submitting filings with West Virginia s
More information1 copyright 2012 workers compensation research institute
Fees For Worker's Source Of Payments To Worker's Worker's Fee Worker's Fee Formula Alabama Statutory formula: 15% N/A Alaska As stated, 25% of first $1,000 and 10% of 10% of recovery or actual fees, Paid
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 informationModel Regulation Service January 2006 DISCLOSURE FOR SMALL FACE AMOUNT LIFE INSURANCE POLICIES MODEL ACT
Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 1. Model Regulation Service January 2006 Purpose Definition Exemptions Disclosure Requirements Insurer Duties
More informationPercent change. Rank Most expensive states Average expenditure Rank Least expensive states Average expenditure
Page 1 of 7 Auto Insurance AAA s 2010 Your Driving Costs study found that the average cost to own and operate a sedan rose by 4.8 percent to $8,487 per year, compared with the previous year. Rising fuel,
More informationWORKERS' COMPENSATION - FIRST REPORT OF INJURY OR ILLNESS
WORKERS' COMPENSATION - FIRST REPORT OF INJURY OR ILLNESS EMPLOYER (NAME & ADDRESS INCL ZIP) CARRIER / ADMINISTRATOR CLAIM NUMBER * REPORT PURPOSE CODE * JURISDICTION * JURISDICTION LOG NUMBER * INSURED
More informationWORKERS COMPENSATION - FIRST REPORT OF INJURY OR ILLNESS
WORKERS COMPENSATION - FIRST REPORT OF INJURY OR ILLNESS EMPLOYER (NAME & ADDRESS INCL ZIP) CARRIER / ADMINISTRATOR CLAIM NUMBER * REPORT PURPOSE CODE * JURISDICTION * JURISDICTION LOG NUMBER * INSURED
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 informationPRENEED LIFE INSURANCE MINIMUM STANDARDS FOR DETERMINING RESERVE LIABILITIES AND NONFORFEITURE VALUES MODEL REGULATION
Model Regulation Service January 2010 Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Section 9. Section 1. Authority Scope Purpose Definitions
More informationWorkers Compensation Coverage Guide
Brochure More information from http://www.researchandmarkets.com/reports/1413761/ Workers Compensation Coverage Guide Description: The definitive guide to understanding Workers Compensation and Employers
More informationWORKER S COMPENSATION AND EMPLOYERS LIABILITY INSURANCE
WCRB Wisconsin Compensation Rating Bureau WISCONSIN WORKERS COMPENSATION STATISTICAL PLAN MANUAL WORKER S COMPENSATION AND EMPLOYERS LIABILITY INSURANCE Effective April 17, 2012 SUMMARY OF CHANGES issued
More informationCalifornia Workers Compensation. Where Do We Go Now?
California Workers Compensation [1] Where Do We Go Now? Presented by: Dave Bellusci, FCAS, MAAA WCIRB of California 2010 CAS Spring Meeting San Diego, California May 23-26, 2010 Agenda 2002 through 2004
More informationWORKERS COMPENSATION - FIRST REPORT OF INJURY OR ILLNESS
WORKERS COMPENSATION - FIRST REPORT OF INJURY OR ILLNESS EMPLOYER (NAME & ADDRESS INCL ZIP) CARRIER / ADMINISTRATOR CLAIM NUMBER * REPORT PURPOSE CODE * JURISDICTION * JURISDICTION CLAIM NUMBER * INSURED
More informationMODEL REGULATION TO REQUIRE REPORTING OF STATISTICAL DATA BY PROPERTY AND CASUALTY INSURANCE COMPANIES
Model Regulation Service June 2004 MODEL REGULATION TO REQUIRE REPORTING OF STATISTICAL DATA Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Section
More informationApril 21, 2004 CIRCULAR LETTER NO. 1950 ACCCT PRODUCTS POLICY ENTRY AND EDIT PACKAGE (PEEP) BUREAU ENTRY AND EDIT PACKAGE (BEEP)
April 21, 2004 TO ALL MEMBERS AND SUBSCRIBERS: CIRCULAR LETTER NO. 1950 ACCCT PRODUCTS POLICY ENTRY AND EDIT PACKAGE (PEEP) BUREAU ENTRY AND EDIT PACKAGE (BEEP) WCIRB is pleased to announce Policy Entry
More informationNOTICE OF PROTECTION PROVIDED BY [STATE] LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
NOTICE OF PROTECTION PROVIDED BY This notice provides a brief summary of the [STATE] Life and Health Insurance Guaranty Association (the Association) and the protection it provides for policyholders. This
More informationModel Regulation Service October 1993
Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 1. Model Regulation Service October 1993 PERMITTING SMOKER/NONSMOKER MORTALITY TABLES Authority Purpose
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 informationFILING MEMORANDUM ITEM RM-01-TN-2015 ESTABLISHMENT OF NCCI'S WORKERS COMPENSATION INSURANCE PLAN DOCUMENTS AND RULES
(Applies in: TN) PAGE 1 FILING MEMORANDUM PURPOSE This item establishes NCCI s Workers Compensation Insurance Plan documents and rules (Plan Documents) in Tennessee. NCCI s Workers Compensation Insurance
More informationCIRCULAR LETTER NO. 2224. Revisions to the Massachusetts Workers Compensation Statistical Plan
August 30, 2013 CIRCULAR LETTER NO. 2224 To All Members and Subscribers of the WCRIBMA: Revisions to the Massachusetts Workers Compensation Statistical Plan On August 14, 2013, the Massachusetts Division
More informationLLC Member/Manager Disclosure Question by: Cathy Beaudoin. Jurisdiction. Date: 01 March 2011. LLC Member/Manager Disclosure 2011 March 01
Topic: LLC Member/Manager Disclosure Question by: Cathy Beaudoin : Maine Date: 01 March 2011 Manitoba Corporations Canada Alabama Alaska Arizona Arkansas California Our statement of information (aka annual
More informationWCIRBCalifornia. Report on 2011 California Workers Compensation Losses and Expenses. Released: June 25, 2012
Workers Compensation Insurance Rating Bureau of California Report on 2011 California Workers Compensation Losses and Expenses Released: June 25, 2012 WCIRBCalifornia WCIRB California 525 Market Street,
More informationMEDICAL MANAGEMENT SERVICES State Legislative Issues Report
State Choice Employer Choice (Via MCO Only) MEDICAL MANAGEMENT SERVICES State Legislative Issues Report Choice Employee Limited Change Limited Change (Via MCO Only) Medical Fee Schedule Managed Care Certified
More informationIf staffing firm has a dba or is known by a name different than the legal name, please indicate: City State ZIP code
Workers Compensation Risk Certification Application Complete and return the certification application to Risk Control Services. Retain a copy of the completed application for your files. Return application
More informationThe Relationship Between Accident Report Lag and Claim Cost in Workers Compensation Insurance
January 2015 By Thomas Sheppard The Relationship Between Accident Report Lag and Claim Cost in Workers Compensation Insurance INTRODUCTION In 2000, a study by The Hartford [1], using its own data, found
More informationThe California Workers Compensation System A WCIRB Perspective
W o r k e r s C o m p e n s a t i o n I n s u r a n c e R a t i n g B u r e a u o f C a l i f o r n i a The California Workers Compensation System A WCIRB Perspective Dave Bellusci EVP, COO and Chief Actuary
More informationIf staffing firm has a dba or is known by a name different than the legal name, please indicate: City State ZIP code
Workers Compensation Risk Certification Application - Renewal Complete and return the certification application to Risk Control Services. Retain a copy of the completed application for your files. Return
More informationNON-RESIDENT INDEPENDENT, PUBLIC, AND COMPANY ADJUSTER LICENSING CHECKLIST
NON-RESIDENT INDEPENDENT, PUBLIC, AND COMPANY ADJUSTER LICENSING CHECKLIST ** Utilize this list to determine whether or not a non-resident applicant may waive the Oklahoma examination or become licensed
More informationCopyright 2014 National Council on Compensation Insurance, Inc. All Rights Reserved. WCI Worker s Compensation Educational Conference August 19, 2014
WCI Worker s Compensation Educational Conference August 19, 2014 Risk Classification and Rules Utilizing ncci.com and Online Manuals Who Is NCCI? Classification Rules Tools and Information Break Agenda
More informationCalifornia Workers Compensation Insurance Pure Premium Rates and Claims Cost Benchmark Effective January 1, 2014
October 24, 2013 Ms. Christina Carrol, CPCU Attorney California Department of Insurance Legal Division, Government Law Bureau 300 Capitol Mall, 17th Floor Sacramento, CA 95814 RE: California Workers Compensation
More informationJuly 14, 2009. Circular Letter No. 09-1557. RE: Minnesota Alternate Employer Endorsement (Excluding Employers Liability Coverage) WC 22 03 06
Minnesota Workers Compensation Insurers Association, Inc. 7701 France Avenue South Suite 450 Minneapolis, MN 55435-3200 July 14, 2009 ALL ASSOCIATION MEMBERS Circular Letter No. 09-1557 RE: Minnesota Alternate
More informationCOUNTY OF TANEY, MISSOURI
COUNTY OF TANEY, MISSOURI REQUEST FOR BID For WORKERS COMPENSATION INSURANCE Taney County, Missouri RFB# 201202-168 Workers Compensation Insurance Release Date: February 25, 2012 Submittal Deadline: March
More informationREPORT OF THE STATE CORPORATION COMMISSION S BUREAU OF INSURANCE ON. Insurance Coverage for Volunteer Firefighters and Rescue Squad Members
REPORT OF THE STATE CORPORATION COMMISSION S BUREAU OF INSURANCE ON Insurance Coverage for Volunteer Firefighters and Rescue Squad Members COMMONWEALTH OF VIRGINIA RICHMOND 2000 Table of Contents EXECUTIVE
More informationNote: It is suggested that you examine your current Policies and contact your Insurance Broker before answering the following questions.
FORM 1 Page 1 of 2 INSURANCE COST INFORMATION WORKSHEET All Contractors, Subcontractors, and Sub subcontractors of every tier, are required to complete this worksheet and submit as part of your bid. Note:
More informationVenture Capital Tax Credits By State
Venture Capital Tax Credits By State Alabama States Credit Amount Eligibility Notes Alaska Arizona Angel Investment Bill (Direct Tax Credit available for investments made after June 30, 2006, for tax years
More informationState Specific Workers Compensation Guidelines Employer Direction of Medical Care
Alabama - Employer/insurer choose the treating provider without restriction. The employer/insurer cannot change providers after the initial selection. The employee can change providers once. However, the
More informationCURRENT NOTES A. N. MATTHEWS~ CURRENT NOTES EDITOR
104 CURRENT NOTES CURRENT NOTES A. N. MATTHEWS~ CURRENT NOTES EDITOR DEVELOPMENTS IN 1936 Although the annual statement figures for calendar year 1936 are not yet available, the present indications are
More informationPublic School Teacher Experience Distribution. Public School Teacher Experience Distribution
Public School Teacher Experience Distribution Lower Quartile Median Upper Quartile Mode Alabama Percent of Teachers FY Public School Teacher Experience Distribution Lower Quartile Median Upper Quartile
More informationEXHIBIT A WORKERS COMPENSATION AND EMPLOYERS LIABILITY INSURANCE POLICY WC 20 01 01 Original Printing Effective January 1, 2008 Standard MASSACHUSETTS TERRORISM RISK INSURANCE PROGRAM REAUTHORIZATION ACT
More informationWorker's Compensation Insurance in Wisconsin THE SYSTEM, THE BENEFITS, THE COSTS A REFERENCE GUIDE FOR EMPLOYERS
Worker's Compensation Insurance in Wisconsin THE SYSTEM, THE BENEFITS, THE COSTS A REFERENCE GUIDE FOR EMPLOYERS This guide is intended to provide a general, non-technical explanation to help employers
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 informationMedicare Advantage Plan Landscape Data Summary
2013 Medicare Advantage Plan Landscape Data Summary Table of Contents Report Overview...3 Medicare Advantage Costs and Benefits...4 The Maximum Out of Pocket (MOOP) Benefit How It Works...4 The Prescription
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 informationDEPARTMENT OF FINANCIAL SERVICES DIVISION OF WORKERS COMPENSATION
DEPARTMENT OF FINANCIAL SERVICES DIVISION OF WORKERS COMPENSATION 69L-56 ELECTRONIC DATA INTERCHANGE (EDI) REQUIREMENTS FOR PROOF OF COVERAGE AND CLAIMS (NON-MEDICAL) RULE NO.: 69L-56.001 69L-56.002 69L-56.100
More informationNAIC Annuity Suitability Requirements by State
NAIC Annuity Suitability Requirements by Specific Alabama Alaska 10/16/2011 TBD Arizona Arkansas If you obtained a life insurance license prior to 10/16/11, you must complete the NAIC course by 4/16/12.
More informationSERFF Tracking #: NCCI-127176855 State Tracking #: Company Tracking #: B-1423 (MJ)
SERFF Tracking #: NCCI-127176855 State Tracking #: Company Tracking #: B-1423 (MJ) State: Missouri Filing Company: NCCI TOI/Sub-TOI: 16.0 Workers Compensation/16.0004 Standard WC Product Name: B-1423 Elimination
More informationLicensure Resources by State
Licensure Resources by State Alabama Alabama State Board of Social Work Examiners http://socialwork.alabama.gov/ Alaska Alaska Board of Social Work Examiners http://commerce.state.ak.us/dnn/cbpl/professionallicensing/socialworkexaminers.as
More informationModel Regulation Service April 2005 GUIDELINES ON CORPORATE OWNED LIFE INSURANCE
Model Regulation Service April 2005 Corporate Owned Life Insurance (COLI) is life insurance a corporate employer buys covering one or more employees. With COLI, the employer is generally the applicant,
More informationMassachusetts Statistical Accepted with Errors Edit List
Massachusetts Statistical Accepted Edit List 000058 Exposure Class Code - Codes 0063 and 0064 should not be on the same policy. Premium discount class codes 0063 and 0064 should not be on the same policy.
More informationHowHow to Find the Best Online Stock Broker?
Workers' compensation insurance : recent trends in employer costs Costs of insuring against work-related injuries and diseases have escalated rapidly since 1972; growing variation in premiums among States
More informationAPPENDIX 6-A. DETAILED DATA FOR EQUIPMENT PRICE MARKUPS TABLE OF CONTENTS
APPENDIX 6-A. DETAILED DATA FOR EQUIPMENT PRICE MARKUPS TABLE OF CONTENTS 6-A.1 6-A.2 6-A.3 6-A.4 6-A.5 6-A.6 DETAILED WHOLESALER COST DATA... 6-A-1 DETAILED MECHANICAL CONTRACTOR DATA... 6-A-2 DETAILED
More informationModel Regulation Service July 2005 LIFE INSURANCE MULTIPLE POLICY MODEL REGULATION
Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 1. Model Regulation Service July 2005 Purpose Authority Exemptions Duties of Insurers Severability Effective
More informationNAIC Annuity Suitability Requirements by State
NAIC Annuity Suitability Requirements by Specific Alabama Alaska 10/16/2011 TBD Arizona Arkansas If you obtained a life insurance license prior to 10/16/11, you must complete the NAIC course by 4/16/12.
More informationConnecticut s Insurance Industry: Economic Impacts & Contributions
Connecticut s Insurance Industry: Economic Impacts & Contributions Prepared by: Connecticut Economic Resource Center, Inc. December 2006 2006 Insure Connecticut s Future, Connecticut Insurance and Financial
More informationWorkers Compensation: Coverage, Benefits, and Costs, 1989 by William J. Nelson, Jr. *
Workers Compensation: Coverage, Benefits, and Costs, 1989 by William J. Nelson, Jr. * Approximately 93.7 million wage and salary workers were covered under the State and Federal workers compensation programs
More information