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

The $19,000 “Ghost Claim”

The Stakes: A building material dealer with $30M in revenue was hit with a shock: their Experience Mod was spiking from 0.79 to 1.13. That meant a massive premium increase was coming, and they didn't know why. The Investigation: Most...

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Framing Contractor Receives $38,890 Refund on Audit Misclassification

INSURED Residential Framing Contractor paying $112k/year in workers compensation premium. SITUATION Insured had received an $80,612 bill from their insurance carrier due to a prior year audit and a mid-year experience mod change. Insured was stressed and felt like they...

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Landscape contractor sprouts a $104,000 refund

INSURED This major landscape contractor servicing commercial properties employs 120 people and does $19 million in annual revenues.   SITUATION A year after purchasing the company, the insured was concerned why, as a relatively new business, its Experience Mod was...

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Satellite company saves nearly half-million in premiums

10 years, 10 months ago ,

INSURED A multi-state satellite installation company with 36 employees. SITUATION The company unexpectedly received a $499,916 audit premium notice. The previous premium was $13,530. ASSESSMENT In reviewing the audit, CWCAs from Trissel, Graham, and Toole discovered that the auditor had...

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Office furniture company sees Mod drop 22%

INSURED This assembler of office furniture employs 86 and has revenues in excess of $32 million annually. SITUATION The employer saw its Experience Mod escalating steadily up to 1.22. ASSESSMENT The CWCAs found one reason for the increase in the...

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Correcting misclassification a good sign for outdoor sign company

10 years, 10 months ago ,

INSURED The insured is an outdoor sign company with fewer than 10 employees. The company’s annual revenue is just under $2,000,000. SITUATION The company’s annual premium was extremely high based on the number of employees and the level of duties...

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