A new client comes to you looking for workers compensation insurance. They’re a small organization, but they meet the state’s requirements and need workers compensation coverage. They’ve already been turned down or ignored by other brokers and insurers because they...
Insurers create class groups for policyholders to assign risk. In workers compensation, they go one step further and calculate a client’s risk based on their experience. Your clients’ experience modification rate, or Ex Mod, is one of many factors that determines...
Workplaces are far safer now than they were even a few decades ago. Still, the Bureau of Labor Statistics says there are 3.1 workers comp claims filed for every 100 full-time employees. Know the stats behind workers comp claims to identify trends, make informed...