The Stakes: A family-owned business with 15 employees saw their Experience Mod inexplicably jump from 0.99 to 1.27. There were no major accidents to explain the increase, but the premium hike was real.
The Investigation: The Advisor compared the WCIRB (Rating Bureau) worksheet against their own projections. The numbers didn’t match.
The Breakthrough: The investigation revealed that the Bureau was accidentally co-mingling statistical data from a separate company owned by a different family member. The two businesses were legally distinct, but the Bureau’s computer had lumped them together.
The Result: The Advisor proved the error to the Bureau. The Mod was adjusted to 0.87. The Bureau also retroactively fixed the previous year. Total Premium Savings: $25,032.