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

The Eight Major Mistakes Employers Make When Workers’ Compensation Rates Go Down
Institute of WorkComp Professionals 7 years, 24 days ago

Throughout much of the country, declining Workers’ Compensation rates are music to employers’ ears. After all, that seems like long-awaited good news, particularly since Workers’ Compensation is more often than not viewed as a necessity and a significant cost of...

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The Costly Dangers of Not Getting Injured Employees Back to Work Quickly
Institute of WorkComp Professionals 7 years, 1 month ago

“We’ve got an employee who’s abusing the system and we’re just about fed up. So are our people.” Every insurance agent has heard these words from frustrated employers who are certain injured workers are taking advantage of the Workers’ Compensation...

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Employers, you’re paying the bill …Control your Experience Mod or it will control you by Institute of WorkComp Professionals
Institute of WorkComp Professionals 7 years, 1 month ago

One of the most confusing components of an employer’s Workers’ Compensation Policy is the Experience Modification Factor. They watch it increase and decrease from year to year – higher Experience Modification Factors generally increase costs and lower factors reduce them....

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The Biggest Mistakes Companies Make With Their Workers’ Compensation Insurance
Institute of WorkComp Professionals 7 years, 2 months ago

Most business owners and managers purchase Workers’ Compensation in the wrong way. About 90 to 120 days before their policies expire, they put it out to bid and get quotes. Once in, they review the prices and usually select the...

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SubContractors Pressured to Get Workers’ Comp Experience Mods Down
Kevin Ring 7 years, 2 months ago

If the anecdotal evidence can be trusted, it’s becoming more and more common that contractors are being put on notice that they will lose the opportunity to bid on jobs if their Workers’ Compensation Experience Mods hit a certain point....

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Six Ways You May Be Failing Your Clients
Kevin Ring 7 years, 3 months ago

Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as "getting the fish in the boat." But it doesn’t take a master angler to know that once you get the fish,...

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