7 Secrets that Cost Your Client a Bundle on their Workers' Comp

School System Learns a Lesson in How to Reduce its MOD

INSURED A public school system with 150 employees. SITUATION The school system’s Experience Modification Factor escalated over the past five years, from as low as 0.97 to a high of 1.34, though it had experienced no significant workplace injuries during...

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Loss control program melts Workers’ Compensation costs

INSURED This ice cream manufacturing and dairy operation have 16 full-time employees with revenues of $4,700,870. SITUATION The ice cream manufacturer was saddled with an Experience Mod of 1.698, more than three times the 0.65 minimum mod. Five job-related injury...

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Glass Company discovers value of Independent Agent

INSURED This company specializes in glass for commercial entrances and storefronts, construction glazing and retail glass sales. With 40 employees, the company has sales revenue in 2005 of approximately $2.5 million. Situation The CWCAs began insuring this client in 1995....

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HVAC company quantifies Mod, saves business

INSURED The insured is an HVAC service company with approximately 23 employees and estimated sales of $4 million. SITUATION The company was in serious danger of losing one of its biggest accounts, a leading national paper manufacturer. The paper manufacturer...

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Combining hotels saves owner $823,000 and lowers Experience Mod

INSURED Five hotels, under a single ownership. The company employs more than 2,000 with premiums in excess of $1.8 million. SITUATION The company’s Experience Modification Factor and premiums had climbed steadily and ownership was unaware as to why they were...

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Experience Mod audit lowers Mod 17 points & returns $33,150 to grading contractor

INSURED This grading contractor employs 42 people with annual revenues of approximately $3 million. SITUATION The company had been with the same broker for 21 years. The broker had never audited or verified the insured’s Experience Modification Factor and routinely...

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