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

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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Claims investigation brings client’s Mod to an all-time low

INSURED The insured is a contract hauler that services major building supply companies and contractor equipment dealers in 11 states. Annual gross revenues are in excess of $6,000,000. SITUATION The company’s Workers’ Compensation premium was $140,000 and the Experience Mod...

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Private school learns a lesson by seeing Mod drop 95 points

7 years, 2 months ago ,

INSURED The insured is a large non-profit school for physically and mentally-challenged students. SITUATION The school was being cancelled by its existing carrier of 45 years because of a poor history resulting in a 300% loss ratio and a mod...

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Implementation of comprehensive Workers’ Comp program saves manufacturing company $3,000 on one claim

7 years, 2 months ago ,

INSURED The insured is a wood products manufacturing company that employs more than 40 people divided into three work classes – sash/door/assembly millwork, sales people and clerical. The company works one shift, has a very stable workforce and consistently produces...

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The case of the disappearing claims

7 years, 2 months ago ,

INSURED The insured is a social service agency with 390 employees in 22 locations.   SITUATION In one six-month period, this insured experienced 27 workers’ compensation claims totaling $89,000.   ASSESSMENT A Certified WorkComp Advisor (CWCA) looked into the situation...

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Real Estate developer builds on $100,000 savings and lower Experience Mod

7 years, 2 months ago

INSURED A large multi-state owner/developer of residential and commercial property. SITUATION The company was using a large insurance agency/broker who was having difficulty managing the company’s claims in a multi-state environment. This complexity requires expertise as well as the time...

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