Large scaffolding company embraces change
INSUREDThis company employs over 50 people with locations in two states. SITUATIONThe company experienced a substantial increase in claims activity in one year, going from $45,039 to $107,606. The majority of these claims were longstanding and many proved to be...
Continue ReadingNursing Home conglomerate saves $350,000
INSURED A conglomerate of associated companies with several locations within one state. SITUATION Over the course of five years, the company purchased multiple related companies. Numerous errors were made when combining the loss experience. Some were never combined with the...
Continue ReadingComprehensive Workers’ Comp program lowers premium by 44%
INSURED The insured is a manufacturer with 25 employees and annual revenues of $25 million. SITUATION The company experienced a spike in its Experience Mod and a corresponding increase in its premiums. Premiums were increasing at a disturbing rate of...
Continue ReadingWholesaler gets down to nuts & bolts with a Return-To-Work program
INSURED The company, a wholesaler specializing in mailing parts, employs 50 workers. SITUATION Traditionally, the company had a low Experience Mod, but was now looking at a potential leap from .92 to 1.15. The company did not understand the reasons...
Continue ReadingWorkers’ Comp program saves roofing company $100,000
INSURED A commercial roofing company that employs more than 200 people and has approximately $15 million in annual revenue. SITUATION The company saw its Experience Modification Factor reach as high as 1.0. In addition to increased premiums, there was the...
Continue ReadingWorkers’ Comp program saves Non-Profit $600,000
INSURED A distribution company with 450 employees. SITUATION Since the company's Experience Modification Factor reached an alarming 2.04, they were placed in the state's assigned risk pool, as well as assessed ARAP surcharges. ASSESSMENT CWCAs worked closely with the company...
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