Does Inflation Lead To Workers Comp Insurance Fraud?
In 2023 I've found myself involved in numerous Workers' Comp Insurance audits where I observed behavior I consider unethical or fraudulent.
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Stuart Cytron
- Sep 21
- 4 min
Should You Simply Price Shop Your Work Comp Insurance Quote?
Your Workers Compensation insurance policy is identical to your competitors’ policies. All coverage provisions are regulated by the state.
44 views0 comments
Stuart Cytron
- Aug 18
- 4 min
Employers Work Comp Insurance Carrier Punishes For A Good Experience Modification Rate
A Client's experience modification rate fell from a .98 to .80 at renewal. That should be great news! I happen to know this decrease...
15 views0 comments
Stuart Cytron
- Feb 24
- 5 min
The Zero Cost, Easiest Way To Reduce Your Experience Modification Rate
Early reporting is a zero cost, easy way to reduce your experience modification rate
59 views0 comments
Stuart Cytron
- Aug 12, 2022
- 4 min
What Everyone Ought To Know About NCCI Workers Comp Codes
What Everyone Ought To Know About NCCI Workers Comp Codes...."Experts" can't keep them straight.
630 views0 comments
Stuart Cytron
- Apr 29, 2022
- 9 min
TRIR vs EMR (Total Recordable Injury Rate vs Experience Modification Rate)
The TRIR and the EMR are enshrined safety metrics within the Construction Industry (and others); indicators of an employers safety.
2,994 views0 comments
Stuart Cytron
- Mar 2, 2022
- 3 min
Tiny Habits To Save Money On Work Comp Insurance
I'm reading another great book (Tiny Habits by BJ Fogg) that has given me a new mental model to improve both my professional and personal...
37 views0 comments
Stuart Cytron
- Dec 2, 2021
- 6 min
Is Your "Bad" Experience Modification Rate (> 1.00) Really That Bad?
You're Experience Modification Rate is probably not in as bad shape as you think. Improving to a 1.00 is very manageable for everyone!
580 views0 comments
Stuart Cytron
- Nov 29, 2021
- 3 min
What Is A Good Experience Modification Rate?
The best Experience Modification Rate is your “minimum mod.” Remove all claims from your EMR Worksheet, recalculate, and that is the best.
337 views0 comments
Stuart Cytron
- Nov 23, 2021
- 4 min
Is Your Business’ Experience Modification Rate Meaningless?
An industry colleague of mine posted this on Linkedin recently: “With very few exceptions, there is no direct relationship between the...
67 views0 comments
Stuart Cytron
- Nov 3, 2021
- 5 min
Informational Asymmetry: How To Close The Work Comp Information Gap And Save Money
How To Close The Work Comp Information Gap And Save Money
63 views0 comments
Stuart Cytron
- May 26, 2021
- 3 min
Could Requiring A COVID-19 Vaccine Increase Your Experience Mod And Work Comp Premiums?
I have spoken out about flaws in the Experience Rating program which is commonly used as a qualifier for new business proposals and...
11 views0 comments
Stuart Cytron
- Jun 3, 2020
- 5 min
Does My Workers Comp Audit Refund Indicate That I Received A Fair Price?
Workers Compensation Audit Refunds. Do they Indicate You Didn't Overpay?
597 views0 comments
Stuart Cytron
- May 18, 2020
- 3 min
COVID-19: The 3 Most Important Pricing Issues
States, like California, have been issuing orders to insurance companies to refund premium to customers for overpayments made on certain...
27 views0 comments
Stuart Cytron
- May 5, 2020
- 2 min
Labor Burden Rate: The 1 Action You Can Take Right Now To Reduce LBR
I read a recent article in Construction Business Owner Magazine called “9 Tips to Maximize Your Company's Profit Potential.” The #1 tip...
80 views0 comments
Stuart Cytron
- Apr 23, 2020
- 3 min
COVID-19 P&C Insurance Questions For Employers
Cytron Group LLC has put together a list of questions, concerns, issues, etc. that an employer may want to address with its trusted...
48 views0 comments
Stuart Cytron
- Apr 22, 2020
- 3 min
COVID19 & Telemedicine For Work Comp
Coronavirus and shelter-in-place rules have occurred quickly and turned so much of our society on it’s head, truly, overnight. Many...
17 views0 comments
Stuart Cytron
- Apr 8, 2020
- 3 min
Work Comp: When Good Is Bad
My wife always warns me that she can see eyes glaze over when I start speaking about insurance. So, when asked what I do for a living, I...
43 views0 comments
Stuart Cytron
- Feb 12, 2020
- 2 min
Right OR Rip-Off? What do you think?
Below is an actual email exchange between a client and his insurance company auditor regarding a reclassification. Who is right?
17 views0 comments
Stuart Cytron
- Feb 4, 2020
- 3 min
NCCI And Artificially Low Experience Modification Rates
"Buying down" experience modification rates is an issue about which NCCI has been trying to educate people.
90 views0 comments
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