Workers’ Comp Refunds: The 3-Year Window Most Employers Miss
3 months, 9 days ago
cost reduction , experience mod , insurance audit , insurance refund , Mod factor , NCCI , premium refund , risk management
Current & Two Prior: Your 3-Year Refund Window Quick Takeaways The Rule: NCCI and state bureaus allow Experience Mod revisions for the Current policy year and the Two Prior years. The Trap: Thinking that once the data is sent to...
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Stop Quoting, Start Consulting: Workers’ Comp Secrets Revealed!
2 months, 22 days ago
CWCA , experience modification , forensic audit , insurance agent , insurance consultant , NCCI , risk management
From Quoting to Consulting: The Designation Edge Quick Takeaways The Problem: Competing on price in a flat market is a race to the bottom. If you're just "shopping the market," you're a replaceable commodity. The Rule: The technical edge is...
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Hidden Workers’ Comp Costs: Why Small Claims Hurt Most
1 month, 11 days ago
70% Rule , cost reduction , ERA Math , Experience Rating , Mod factor , NCCI , Premium Costs , Small Claims
Workers' Comp ERA: How Claim Frequency Drives the Mod More Than Severity Quick Takeaways The Frequency Multiplier: Under NCCI's Experience Rating Adjustment, the primary portion of every injury is weighted at 100% in the Mod calculation. This primary portion varies...
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