Archive for: Workers’ Comp by State

Don’t get caught in the Nevada Officer Exemption Trap! Many business owners are unknowingly paying for mandatory workers’ comp coverage they might not need, or worse, are exposed without proper protection.
In this video, you’ll learn:
1. Why Nevada law automatically includes corporate officers in mandatory coverage.
2. The critical steps to properly exclude yourself and save on premiums.
3. How to avoid costly retroactive premium bills and ensure you’re truly protected.
Take control of your workers’ comp costs today!
Learn more: https://LockedAndLoadedTraining.com
For agents: https://www.workcompprofessionals.com/

Is your Pennsylvania business unknowingly overpaying on workers’ comp? Discover the critical changes to PA’s Experience Mod calculation that took effect April 1, 2024. This video reveals the “Swing Limit” trap, the importance of three-decimal precision, and why your current agent’s projections might be costing you thousands.
Summary:
1. **New PCRB Formula:** Pennsylvania’s Mod calculation radically changed on April 1, 2024, focusing on “Statistical Credibility.”
2. **25% Swing Limit Trap:** A temporary cap prevents huge Mod jumps, but it’s a premium time bomb if you’re “protected.”
3. **Three-Decimal Precision:** Rounding errors by national software can lead to thousands in “phantom” overcharges.
Learn how to protect your profits!
Agents: https://www.workcompprofessionals.com/
Employers: https://LockedAndLoadedTraining.com

Discover Virginia’s “Statutory Employer Trap” and how an uninsured subcontractor can cost you a fortune. Learn how to protect your business from hidden liabilities and massive audit bills.
1. The “Statutory Employer Trap” makes you liable for your subcontractor’s employees, regardless of your contract.
2. Uninsured subs can double your payroll at audit and add $100,000 in claims.
3. Your only defense is direct verification of a subcontractor’s Certificate of Insurance (COI).

Learn more: https://LockedAndLoadedTraining.com and https://www.workcompprofessionals.com/

Is your Alaska business at risk of a HUGE work comp penalty? This video reveals the hidden “officer exemption trap” that could cost you $1,000 a day!

Here’s what you’ll learn:

* The Alaska officer exemption rule defaults to INCLUSION, meaning you’re automatically covered (and charged!) unless you specifically opt-out.
* Opting-out to save on premiums leaves you vulnerable to HUGE medical bills if you’re injured on the job.
* Protect your business by auditing your corporate filings and understanding the specific Alaska exclusion forms.

Learn how to protect your business and avoid costly fines!

Agents: Master the protocols at https://www.workcompprofessionals.com/.
Employers: Take control of your costs at https://LockedAndLoadedTraining.com.

Subcontractor mistakes in workers comp can lead to significant financial and legal issues for the contractor and/or project owner. Here are tips on avoiding seven common mistakes: Choosing a subcontractor based on price alone While budget constraints are significant, choosing a subcontractor solely based on the lowest bid can lead to problems. Look for a […]

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. To ensure that general contractors aren’t disqualified, it appears that some risk managers are putting […]