Introduction to Experience Rating
|
|
- Elmer Baker
- 8 years ago
- Views:
Transcription
1 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 Introduction to Experience Rating Presented by the Workers Compensation Insurance Rating Bureau of California Notice The information provided in this webinar was developed by the Workers Compensation Insurance Rating Bureau of California (WCIRB) solely for the purpose of discussion during this webinar. The WCIRB shall not be liable for any damages, of any kind, whether direct, indirect, incidental, punitive or consequential, arising from the use, inability to use, or reliance upon information provided in this webinar. The Independent Insurance Agents and Brokers of California (IIABCal) is acting only as a host for this webinar and the WCIRB is not in any way affiliated with IIABCal Workers Compensation Insurance Rating Bureau of California. All rights reserved. No part of this work may be reproduced or transmitted in any form or by any means, electronic or mechanical, including, without limitation, photocopying and recording, or by any information storage or retrieval system without the prior written permission of the Workers Compensation Insurance Rating Bureau of California (WCIRB), unless such copying is expressly permitted by federal copyright law. Workers Compensation Insurance Rating Bureau of California, WCIRB, WCIRB California, WCIRB Online, X-Mod Direct, escad and the WCIRB California logo (WCIRB Marks) are registered trademarks or service marks of the WCIRB. WCIRB Marks may not be displayed or used in any manner without the WCIRB s prior written permission. Any permitted copying of this work must maintain any and all trademarks and/or service marks on all copies. To seek permission to use any of the WCIRB Marks or any copyrighted material, please contact the Workers Compensation Insurance Rating Bureau of California, at customerservice@wcirb.com. 1
2 Purpose To provide a basic introduction to experience rating Agenda Experience rating overview Distributing the cost of workers compensation insurance Ownership considerations Impact on final premium Changes for limited experience modification The Experience Rating Worksheet Frequently Asked Questions References and resources Summary Experience Rating Overview Experience rating Is a state-mandated (California Insurance Code Section 11734) merit rating system that benchmarks the risk of an employer s operations against others in its industry Provides a uniform mechanism to refine the pricing of workers compensation insurance to acknowledge the unique characteristics of each employer s operation Provides a direct financial incentive for employers to reduce accidents 2
3 Experience Rating Overview The industry by which all employers are associated is defined by the Standard Classification* assigned to their business operations. While Standard Classifications include a range of activities considered normal and usual for the industry, there are differences in: Operations (e.g. level of mechanization) Safety practices Salary levels Other characteristics (e.g. size and location) One purpose of an Experience Modification (x-mod) is to account for these differences * Standard Classifications are found in Part 3 of the California Workers Compensation Uniform Statistical Reporting Plan Experience Rating Overview An x-mod is a forecast of future losses Not a recoupment mechanism Not solely a proxy for safety as safety is only one consideration An x-mod is expressed as a percentage Less than 100% reflects better than average losses Over 100% reflects worse than average losses Example: 90% credit x-mod 120% debit x-mod 100% x-mod 3
4 Distributing the Cost of Workers Compensation The experience rating system distributes the cost of workers compensation insurance equitably among employers in an industry classification. For example, if there are two employers in the industry for Classification 4444, Mini Widget Maker and each developed $100,000 in pure premium*: Pool of Workers Compensation Insurance Pure Premium Employer A $100,000 Pure Premium + Employer B $100,000 Pure Premium = $200,000 * Pure Premium is an underlying baseline premium that most insurers use to determine the amount charged to employers. Distributing the Cost of Workers Compensation If Employer A has a favorable loss history compared to Employer B, then Employer B s x-mod would increase to offset the decrease in Employer A s so that the industry modified pure premium remains the same before and after the application of the x-mod. Pool of Workers Compensation Insurance Pure Premium Employer A $100,000 x 80% = $80,000 Modified Pure Premium + Employer B $100,000 x 120% = $120,000 Modified Pure Premium = $200,000 4
5 Ownership Considerations Businesses with majority common ownership Are considered a single employer with the payroll and loss history combined for experience rating Share the same experience modification Even if the businesses are different, operate from different locations and have separate policies The resulting experience modification will be a blended experience modification reflecting all operations X-Mod Effect on Premium FINAL AUDIT BILLING The x-mod is applied to the premium increasing or decreasing the billed premium INSURING COMPANY: WORKERS COMPENSATION INSURANCE R US DATE: 02/02/13 POLICY NO.: PERIOD OF ADJUSTMENT: 01/01/12 TO 01/01/13 ACME FASTENER CO. 123 MAIN ST. BAKERSFIELD, CA CLASSIFICATION OF OPERATIONS CLASS RATE PAYROLL PREMIUM State: CA Rounded to Nearest Rounded to Nearest Dollar Dollar NUT, BOLT OR SCREW MFG $3,871,989 $85,184 SALESPERSONS - OUTSIDE $133,800 $2,007 CLERICAL OFFICE EMPLOYEES -- N.O.C $715,075 $7,151 SUBTOTAL $4,720,864 $94,342 EXPERIENCE MOD 1.25 $23,586 This invoice is based upon information secured by: _ Estimated Payroll Figures X Payroll Auditor TOTAL AUDIT PREMIUM: Earned Premium for Period above: Less Payments: Less Deposit: User Fee: Assessments: $117,928 $117,928 $100,000 $10,000 $0 $0 _ Voluntary Report(s) submitted by Insured PLEASE PAY THIS AMOUNT: $7,928 5
6 X-Mod Effect on Premium Just over 87% of the state s workers compensation insurance premiums are subject to experience rating Only about 20% of California employers are experience rated Most small employers do not qualify Changes for 2015 Limited Experience Modifications Effective January 1, 2015, when an employer only has a single claim used in the calculation, the experience modification is limited to no more than 25 percentage points above the experience modification that would have been published if the employer had been loss free. If an employer has more than one claim used in the calculation, the employer s experience modification is not subject to the 25 percentage point limit. An experience modification computed excluding unaudited payroll pursuant to Section III, Rule 3(g) of the Experience Rating Plan is not subject to this limit. 6
7 Changes for 2015 Limited Experience Modifications The Experience Rating Form -- Also referred to as the Worksheet or Rate Sheet 7
8 Frequently Asked Questions I have two businesses. Will they have separate x-mods? No. Businesses with majority common ownership are combined (payroll and losses) for experience rating Each business may have separate policies but will have the same x-mod. I had no losses this past year, why did my experience modification go up? The experience rating system distributes the cost of workers compensation insurance across all employers before and after the application of the experience modifications. If others in your industry have less losses overall, then your experience modification may increase. Frequently Asked Questions Can I get a copy of my Experience Rating Worksheet? Insurers can request a copy of the rate sheet from WCIRB Customer Service Agents and brokers can submit a Policyholder Product Order Form to the WCIRB accompanied by either a Letter of Authorization Information Form or a Special Power of Attorney Form (forms available at Policyholders can request a copy through their insurer or complete the Policyholder Experience Rating Worksheet Request Form online at 8
9 Closing Thoughts Experience rating is a state-mandated merit rating system that benchmarks an employer against others in its industry. The combined experience of all business operations that share majority common ownership will be blended to produce a single x-mod. Experience rating redistributes the cost of workers compensation insurance among the members of the industry. Experience rating provides a direct financial incentive for employers to invest in effective loss control programs that reduce workplace injuries. References & Resources California Insurance Code Section California Workers Compensation Experience Rating Plan 1995 California Workers Compensation Uniform Statistical Reporting Plan
10 Summary Today s webinar provided a basic introduction to experience rating including: Experience rating overview Distributing the cost of workers compensation insurance Ownership considerations Impact on final premium Changes for limited experience modification The Experience Rating Worksheet Frequently Asked Questions References and resources 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 Introduction to Experience Rating Presented by the Workers Compensation Insurance Rating Bureau of California 10
Workers Compensation Insurance Fundamentals for Employers
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 Workers Compensation Insurance Fundamentals for Employers Presented by the Workers Compensation Insurance
More informationPreparing for the Workers Compensation Premium Audit
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 Preparing for the Workers Compensation Premium Audit Brian Gray Quality Assurance Director WCIRB
More informationClassification and Rating Committee
Meeting Agenda Date Time Location Staff Contact June 14, 2013 9:00 AM Hotel Nikko Brenda J. Keys Bay View Room 25 th Floor 222 Mason Street San Francisco, CA 525 Market Street, Suite 800 San Francisco,
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 informationWCIRB Report on June 30, 2014 Insurer Experience Released: September 11, 2014
Workers Compensation Insurance Rating Bureau of California WCIRB Report on June 3, 214 Insurer Experience Released: September 11, 214 WCIRB California 525 Market Street, Suite 8 San Francisco, CA 9415-2767
More informationWCIRB California Test Audit Program Effective January 1, 2012 Revised August 2015
Workers Compensation Insurance Rating Bureau of California WCIRB California Test Audit Program Effective January 1, 2012 Revised August 2015 WCIRB California Test Audit Program Effective January 1, 2012
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 informationStudy of Geographical Differences in California Workers Compensation Claim Costs
Workers Compensation Insurance Rating Bureau of California Study of Geographical Differences in California Workers Compensation Claim Costs Released: November 5, 2015 Ward Brooks, FCAS, MAAA Vice President,
More informationAnalysis of Changes in Indemnity Claim Frequency January 2015 Update Report Released: January 14, 2015
Workers Compensation Insurance Rating Bureau of California Analysis of Changes in Indemnity Claim Frequency January 2015 Update Report Released: January 14, 2015 Notice This Analysis of Changes in Indemnity
More informationCalifornia Medical Transaction Data Quality Assurance Program
Workers Compensation Insurance Rating Bureau of California California Medical Transaction Data Quality Assurance Program January 1, 2014 WCIRBCalifornia Objective.Trusted.Integral. Notice This California
More informationReport on Dual Classification by Wage Level Program
Workers Compensation Insurance Rating Bureau of California Workers Compensation Insurance Rating Bureau of California Report on Dual Classification by Wage Level Program Excerpt from the WCIRB Classification
More informationReport on 2013 California Workers Compensation Losses and Expenses Released: June 26, 2014
Workers Compensation Insurance Rating Bureau of California Report on 2013 California Workers Compensation Losses and Expenses Released: June 26, 2014 Notice The 2013 California Workers Compensation Losses
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 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 informationc a l i f o r n i a California Workers Compensation Experience Rating Plan 1995 Title 10, California Code of Regulations, Section 2353.
Workers Compensation Insurance Rating Bureau of California c a l i f o r n i a California Workers Compensation Experience Rating Plan 1995 Title 10, California Code of Regulations, Section 2353.1 Effective
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 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 informationHeffernan Insurance Presents: A Workers Compensation Update A review and what s on the horizon?
Heffernan Insurance Presents: A Workers Compensation Update A review and what s on the horizon? April 28, 2015 Debra Parker, COSS Risk and Safety Consultant Director of Marketing Aspen Risk Management
More informationMicrosoft Dynamics GP. Payroll Connect
Microsoft Dynamics GP Payroll Connect Copyright Copyright 2005 Microsoft Corporation. All rights reserved. Complying with all applicable copyright laws is the responsibility of the user. Without limiting
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 informationWhat Is Workers Compensation?
What Is Workers Compensation? An Accident Insurance Program State Mandated Compulsory Company Funded What Does Worker s Comp Cover? Medical and Rehabilitation Expenses Lost Wages Death Benefits Where Can
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 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 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 informationc a l i f o r n i a WCIRBCalifornia California Workers Compensation Uniform Statistical Reporting Plan 1995 Effective January 1, 2006
Workers Compensation Insurance Rating Bureau of California c a l i f o r n i a California Workers Compensation Uniform Statistical Reporting Plan 1995 Effective January 1, 2006 WCIRBCalifornia Memorandum
More informationBulletin No. 2014-23 November 19, 2014
WCIRB Bulletin Bulletin No. 2014-23 November 19, 2014 525 Market Street, Suite 800 San Francisco, CA 94105-2767 415.777.0777 Fax 415.778.7007 www.wcirb.com wcirb@wcirb.com Assembly Bill No. 1897 and Amendments
More information2014 Compensation and Benefits Executive Summary. Southern & Central California Nonprofit Organizations
2014 Compensation and Benefits Executive Summary Southern & Central California Nonprofit Organizations To learn more about the Survey and other CNM services devoted to building better leaders, visit us
More informationPEO Myths vs. Reality. By Clay Kelley
PEO Myths vs. Reality By Clay Kelley 1 Clay Kelley Background Clay Kelley has been in the HR Outsourcing and PEO business since 1985. He has participated in seven mergers and acquisitions and assisted
More informationc a l i f o r n i a WCIRBCalifornia California Workers Compensation Uniform Statistical Reporting Plan 1995
Workers Compensation Insurance Rating Bureau of California c a l i f o r n i a California Workers Compensation Uniform Statistical Reporting Plan 1995 Title 10, California Code of Regulations, Section
More informationTitle 24-A: MAINE INSURANCE CODE
Maine Revised Statutes Title 24-A: MAINE INSURANCE CODE Chapter 26: THE WORKERS' COMPENSATION RESIDUAL MARKET DEFICIT RESOLUTION AND RECOVERY ACT HEADING: PL 1995, c. 289, 11 (new) 2392. DEFINITIONS As
More informationSUBSCRIPTION SERVICES.
SUSE Manager Server SUSE Manager Server with Database SUSE Software License Agreement PLEASE READ THIS AGREEMENT CAREFULLY. BY PURCHASING, INSTALLING AND/OR USING THE SOFTWARE (INCLUDING ITS COMPONENTS),
More informationPayroll Inclusions & Exclusions
Payroll Inclusions & Exclusions All information provided in this report and any documents ancillary thereto ("Report") are provided for information purposes only. Although the information found in this
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 informationDell Spotlight on Active Directory 6.8.3. Server Health Wizard Configuration Guide
Dell Spotlight on Active Directory 6.8.3 Server Health Wizard Configuration Guide 2013 Dell Software Inc. ALL RIGHTS RESERVED. This guide contains proprietary information protected by copyright. The software
More informationWe suggest you retain a copy of these End User Terms of Use for your records.
END USER TERMS OF USE The use of Incident Response Technologies Inc. s ("IRT") Software is offered to you upon your acceptance of these End User Terms of Use. By using IRT s software (the Software ), you
More informationCredit Card Extension White Paper
Credit Card Extension White Paper March 2010 Copyright Copyright 2004 Azox, Inc.. All rights reserved. Complying with all applicable copyright laws is the responsibility of the user. Without limiting the
More informationc a l i f o r n i a California Workers Compensation Uniform Statistical Reporting Plan 1995 Title 10, California Code of Regulations, Section 2318.
Workers Compensation Insurance Rating Bureau of California c a l i f o r n i a California Workers Compensation Uniform Statistical Reporting Plan 1995 Title 10, California Code of Regulations, Section
More informationAcroTime Workforce Management Time & Labor Human Resources Payroll Service Terms and Conditions
Terms of Agreement Acroprint Time Recorder Company (referred as Acroprint ) grants you access to use its web hosted time and attendance solution AcroTime (referred as Service ), subject to your agreement
More informationTERMS AND CONDITIONS
TERMS AND CONDITIONS These Terms and Conditions are applicable to the use of this website (the Website ), regardless of how You accessed it. You or any derivation thereof, as used herein refers to a user
More informationDell InTrust 11.0. Preparing for Auditing Cisco PIX Firewall
2014 Dell Inc. ALL RIGHTS RESERVED. This guide contains proprietary information protected by copyright. The software described in this guide is furnished under a software license or nondisclosure agreement.
More informationCITRIX SYSTEMS, INC. SOFTWARE LICENSE AGREEMENT
CITRIX SYSTEMS, INC. SOFTWARE LICENSE AGREEMENT PLEASE READ THIS SOFTWARE LICENSE AGREEMENT CAREFULLY BEFORE DOWNLOADING, INSTALLING OR USING CITRIX OR CITRIX-SUPPLIED SOFTWARE. BY DOWNLOADING OR INSTALLING
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 informationSOFTWARE LICENSE AGREEMENT
SOFTWARE LICENSE AGREEMENT This Software License Agreement (the "Agreement") is made as of the day of, 2015 ( Effective Date ), by and between ("Company"), located at and ("Subscriber"), located at. Both
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 informationGENERAL TARIFF. 2) Internet Service is provided at C&W's discretion, depending on the availability of suitable facilities and equipment.
Page 6.1 INTERNET ACCESS SERVICES General 1. Description 1. This item is subject to the terms and provisions of Part A of this Tariff. 2. This Part applies to the following C&W services: Dialup Internet
More informationDell One Identity Cloud Access Manager 8.0 - How to Configure vworkspace Integration
Dell One Identity Cloud Access Manager 8.0 - How to Configure vworkspace Integration February 2015 This guide describes how to configure Dell One Identity Cloud Access Manager to communicate with a Dell
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 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 informationIPInfoDB Web Service Agreement
IPInfoDB Web Service Agreement PLEASE READ THIS WEB SERVICE AGREEMENT CAREFULLY BEFORE DOWNLOADING, INSTALLING OR USING IPINFODB SERVICES. BY CHECKING THE I HAVE READ, UNDERSTAND AND AGREE WITH THE SERVICE
More informationPolicy Change Endorsement. For Policy Change Endorsements, please retain one copy for your files and provide the second to the policyholder.
800 Superior Avenue East, 21st Floor Cleveland, OH 44114 Policy Change Endorsement REECE TENT RENTAL, LLC ATT: JUDITH HILL 1393 COBB INDUSTRIAL WAY MARIETTA GA 30066 Jowers-Sklar Insurance Agency P. O.
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 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 informationSTATE OF THE SYSTEM WCIRB 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 informationMicrosoft Dynamics GP. Project Accounting Cost Management Guide
Microsoft Dynamics GP Project Accounting Cost Management Guide Copyright Copyright 2008 Microsoft Corporation. All rights reserved. Complying with all applicable copyright laws is the responsibility of
More informationSMARSH WEBSITE & HOSTING REPRESENTATIVE TERMS & CONDITIONS
SMARSH WEBSITE & HOSTING REPRESENTATIVE TERMS & CONDITIONS This Webhosting & Services Terms and Conditions ( Terms ) are effective as of the date of execution of the Order Form, as defined in Section 1,
More informationFOR FISCAL YEAR ENDED JUNE
COUNTY OF SAN DIEGO OFFICE OF DISTRICT ATTORNEY ORGANIZED AUTOMOBILE FRAUD ACTIVITY (URBAN AUTO) INSURANCE FRAUD GRANT STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN GRANT BALANCE AUDIT REPORT FOR
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 informationSunGard Brokerage & Securities Services, LLC Unaudited Statement of Financial Condition June 30, 2013
Unaudited Statement of Financial Condition Index Page(s) Financial Statements Statement of Financial Condition... 3 Notes to the Financial Statements... 4 9 Statement of Financial Condition Assets Note(s)
More informationCALIFORNIA WORKERS COMPENSATION SB 863: HOW IS IT MEASURING UP?
Actuarial Consulting JUNE 2015 CALIFORNIA WORKERS COMPENSATION SB 863: HOW IS IT MEASURING UP? AUTHOR Esther Becker, ACAS, MAAA Principal Jillian Hagan, FCAS, MAAA Senior Consultant In September California
More informationPOTTAWATOMIE COUNTY ON-LINE PARCEL SEARCH SERVICE AGREEMENT
POTTAWATOMIE COUNTY ON-LINE PARCEL SEARCH SERVICE AGREEMENT This Real Estate Sales Data Search Service Agreement is made and entered into this day of, by and between Pottawatomie County, Kansas, a municipal
More informationThe Chevron Fuel Your School Program Jackson County in Mississippi
The Chevron Fuel Your School Program Jackson County in Mississippi 1. Agreement and Use By accessing and using the www.fuelyourschool.com website and its contents, you agree to the terms and conditions
More informationRollstone Bank & Trust Business Online Bill Pay Agreement
Rollstone Bank & Trust Business Online Bill Pay Agreement By choosing to use the Rollstone Bank & Trust Online Bill Pay, you agree to the terms and conditions in this Agreement. Please read this Agreement
More informationSample Quote Transcript
Page 1 Sample Quote Transcript Hello this is Ronnie O'Dell with Alternative Risk Marketing. In this training segment we are going to review a sample quotation from Southeast personnel leasing. Perhaps
More informationTaxSaverNetwork. Terms of Service
TaxSaverNetwork Terms of Service 1031 Exchange Advantage (1031 EA, LLC) provides 1031 accommodation services for investors to conclude a 1031 exchange under IRC code regulations. 1031 EA, LLC structures,
More informationTitle 9-A: MAINE CONSUMER CREDIT CODE
Maine Revised Statutes Title 9-A: MAINE CONSUMER CREDIT CODE Article : 8-506. ENHANCED RESTRICTIONS ON CERTAIN CREDITORS In addition to the compliance requirements of section 8-504, subsection 1, unless
More informationOracle Binary Code License Agreement for the Java SE Platform Products and JavaFX
Oracle Binary Code License Agreement for the Java SE Platform Products and JavaFX ORACLE AMERICA, INC. ("ORACLE"), FOR AND ON BEHALF OF ITSELF AND ITS SUBSIDIARIES AND AFFILIATES UNDER COMMON CONTROL,
More informationWorkers Compensation Update: October 2012
Extended Reform Edition Workers Compensation Update: October 2012 Market Update Rate increase initially recommended final decision is NO change! In August 2012, the WCIRB recommended a 12.6% pure premium
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 informationSpotlight Management Pack for SCOM
Spotlight Management Pack for SCOM User Guide January 2015 The is used to display data from alarms raised by Spotlight on SQL Server Enterprise in SCOM (System Center Operations Manager). About System
More informationIntroduction to Version Control in
Introduction to Version Control in In you can use Version Control to work with different versions of database objects and to keep the database updated. You can review, manage, compare, and revert to any
More informationXANGATI END USER SOFTWARE LICENSE TERMS AND CONDITIONS
XANGATI END USER SOFTWARE LICENSE TERMS AND CONDITIONS IMPORTANT: PLEASE READ BEFORE DOWNLOADING, INSTALLING OR USING THE XANGATI, INC. ("LICENSOR") SOFTWARE YOU HAVE LICENSED ("SOFTWARE"). BY EXECUTING
More informationMDM Zinc 3.0 End User License Agreement (EULA)
MDM Zinc 3.0 End User License Agreement (EULA) THIS AGREEMENT (or "EULA") IS A LEGAL AGREEMENT BETWEEN THE PERSON, COMPANY, OR ORGANIZATION THAT HAS LICENSED THIS SOFTWARE ("YOU" OR "CUSTOMER") AND MULTIDMEDIA
More informationPUBLIC ENTITY RISK MANAGEMENT AUTHORITY MEMORANDUM OF WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE
PUBLIC ENTITY RISK MANAGEMENT AUTHORITY MEMORANDUM OF WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016 EFFECTIVE: JULY 1, 2015 PUBLIC ENTITY RISK MANAGEMENT
More informationEMR as Qualifier to Bid on Construction Projects
EMR as Qualifier to Bid on Construction Projects July 14, 2011 Introduction This white paper discusses the use of the experience rating modification (commonly referred to as EMR in the construction trades)
More informationMOBILE BANKING SERVICES INCLUDING TEXT MESSAGING AND REMOTE DEPOSIT SERVICE ENROLLMENT TERMS AND CONDITIONS ( END USER TERMS )
MOBILE BANKING SERVICES INCLUDING TEXT MESSAGING AND REMOTE DEPOSIT SERVICE ENROLLMENT TERMS AND CONDITIONS ( END USER TERMS ) The Mobile Banking Services including Text Messaging and Remote Deposit Service
More informationEmployment Practices Liability & Identity Recovery. Conditions of Use
Employment Practices Liability & Identity Recovery Conditions of Use By using this material, you acknowledge your assent to the following conditions of use without limitation or qualification. Please read
More informationSourceKraft Systems & Consulting Ltd. LICENSE AGREEMENT FOR SOFTWARE APPLICATIONS
SourceKraft Systems & Consulting Ltd. LICENSE AGREEMENT FOR SOFTWARE APPLICATIONS IMPORTANT READ CAREFULLY: This SourceKraft Systems & Consulting Ltd. ("SourceKraft") License Agreement ("License" or "Agreement")
More informationNON-COMMERCIAL LICENSE AGREEMENT BETWEEN THE REGENTS OF THE UNIVERSITY OF CALIFORNIA AND LICENSEE
NON-COMMERCIAL LICENSE AGREEMENT BETWEEN THE REGENTS OF THE UNIVERSITY OF CALIFORNIA AND LICENSEE This website (the Website ) is a service of the Rx for Change: Clinician-Assisted Tobacco Cessation Program
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 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 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 informationSUPPLEMENTAL AGENDA MATERIAL. Item Description: Fee Assessment State of California Self-Insurance Fund (Workers Compensation Program)
Office of the City Manager SUPPLEMENTAL AGENDA MATERIAL Meeting Date: December 7, 2010 Item Number: 11 Item Description: Fee Assessment State of California Self-Insurance Fund (Workers Compensation Program)
More informationTheFinancialEdge. Converting to Payroll 7
TheFinancialEdge Converting to Payroll 7 101811 2011 Blackbaud, Inc. This publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic, or mechanical,
More informationPLEASE READ THESE TERMS AND CONDITIONS OF USE CAREFULLY. THESE TERMS AND CONDITIONS MAY HAVE CHANGED SINCE USER S LAST VISIT TO THIS SITE.
Visit Lake Norman Lake Norman Convention & Visitors Bureau 19900 West Catawba Avenue, Suite 102 Cornelius, North Carolina 28031 704-987-3300 visitlakenorman.org TERMS AND CONDITIONS Visit Lake Norman (Lake
More informationTHE BEACON MUTUAL INSURANCE COMPANY CHARTER
THE BEACON MUTUAL INSURANCE COMPANY CHARTER Rhode Island Public Laws 2003, Chapter 410, enacted August 6, 2003; as amended by Rhode Island Public Laws 2005, Chapter 117, Article16, Section10, enacted July
More informationZooz$Terms$and$Conditions$! Zooz,!Ltd.!( Zooz )!developed!this!software!module!and!development!kit!(the! Module )! to! make! it! easy! for! you! to!
ZoozTermsandConditions Zooz,Ltd.( Zooz )developedthissoftwaremoduleanddevelopmentkit(the Module ) to make it easy for you to accept payment through your proprietarymobileapplicationfromyourcustomerssoyoucanfocusonyour
More informationTerms of Use Mercer BenefitsCentral SM
Terms of Use Mercer BenefitsCentral SM This page provides important information regarding the scope, duration and terms of any insurance or service you may obtain or apply for on this website ( Service
More informationSimple DCP Terms of Service
1. ACCEPTANCE OF TERMS Simple DCP Terms of Service Simple DCP, a General Partnership ("Simple DCP") welcomes you ( you, your or User ). Simple DCP provides the Simple DCP Services (defined below) to you
More informationHow To Use Grand Lexis Port Dickson Website
TERMS AND CONDITIONS OF USE Welcome to Grand Lexis Port Dickson website. If you continue to browse and use this website you are agreeing to comply with and be bound by the terms and conditions of use set
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 informationAPPLICATION FOR NEW YORK WORKERS COMPENSATION AND EMPLOYERS LIABILITY INSURANCE
FOR OFFICE USE ONLY N e w Y o r k S t a t e I n s u r a n c e F u n d Workers' Compensation and Disability Benefits Specialist since 1914 Document Control Center, 1 Watervliet Ave. Extension, Albany, NY
More informationComputershare Investment Plan
Computershare Investment Plan A Dividend Reinvestment Plan for Registered Shareholders of Abbott Laboratories Common Stock This plan is sponsored and administered by Computershare Trust Company, N.A. Not
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 informationAGREEMENT BETWEEN USER AND International Network of Spinal Cord Injury Nurses
AGREEMENT BETWEEN USER AND International Network of Spinal Cord Injury Nurses The International Network of Spinal Cord Injury Nurses Web Site is comprised of various Web pages operated by International
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 informationZIMPERIUM, INC. END USER LICENSE TERMS
ZIMPERIUM, INC. END USER LICENSE TERMS THIS DOCUMENT IS A LEGAL CONTRACT. PLEASE READ IT CAREFULLY. These End User License Terms ( Terms ) govern your access to and use of the zanti and zips client- side
More informationAll Insurers Authorized to Transact Workers Compensation in California. Christine Baker, Director, Department of Industrial Relations
STATE OF CALIFORNIA DEPARTMENT OF INDUSTRIAL RELATIONS Christine Baker, Director Office of the Director 1515 Clay Street, 17 th Floor Oakland, CA 94612 Tel: (510) 622-3959 Fax: (510) 622-3265 EDMUND G.
More informationLARK BISTRO LOGO & WEBSITE DESIGN AGREEMENT
LARK BISTRO LOGO & WEBSITE DESIGN AGREEMENT Prepared for: Susan Lark Prepared by: Wes McDowell September 30, 2011 Section 1 Client Background Lark is a startup bistro & wine bar in downtown Seattle. Their
More informationTerms & Conditions. Introduction. The following terms and conditions govern your use of this website (VirginiaHomeRepair.com).
Terms & Conditions Introduction. The following terms and conditions govern your use of this website (VirginiaHomeRepair.com). Your use of this website and Content as defined below constitutes your acceptance
More informationHow To Get A Workers Compensation Insurance In California
Almost every employed Californian is protected by workers compensation for job related injuries or illness. Therefore it s important that both employer and employees understand workers compensation insurance.
More information