Blog | Cytron Group LLC

What Everyone Ought To Know About NCCI Workers Comp Codes

Aug 12
3 min

What Everyone Ought To Know About NCCI Workers Comp Codes

One of the most important things to keep in mind about NCCI workers compensation class codes is that they are frequently applied...

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TRIR vs EMR (Total Recordable Injury Rate vs Experience Modification Rate)

Stuart Cytron

Apr 29
8 min

TRIR vs EMR (Total Recordable Injury Rate vs Experience Modification Rate)

The Total Recordable Injury Rate (TRIR) and the Experience Modification Rate (EMR) are both critical employer safety metrics. Both the...

416 views0 comments

Tiny Habits To Save Money On Work Comp Insurance

Stuart Cytron

Mar 2
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...

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Is Your "Bad" Experience Modification Rate (> 1.00) Really That Bad?

Stuart Cytron

Dec 2, 2021
5 min

Is Your "Bad" Experience Modification Rate (> 1.00) Really That Bad?

I wrote a blog post titled What Is A Good Experience Modification Rate? It explains why a good, below 1.00, Experience Modification Rate...

99 views0 comments

Stuart Cytron

Nov 29, 2021
3 min

What Is A Good Experience Modification Rate?

I saw a post where a construction company was trumpeting their latest Experience Modification Rate, a .66. Rightfully so, they should get...

67 views0 comments

Is Your Business’ Experience Modification Rate Meaningless?

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...

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Informational Asymmetry: How To Close The Work Comp Information Gap And Save Money

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

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Could Requiring A COVID-19 Vaccine Increase Your Experience Mod And Work Comp Premiums?

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...

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Does My Workers Comp Audit Refund Indicate That I Received A Fair Price?

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?

84 views0 comments

COVID-19: The 3 Most Important Pricing Issues

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...

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Labor Burden Rate: The 1 Action You Can Take Right Now To Reduce LBR

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...

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COVID-19 P&C Insurance Questions For Employers

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...

46 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...

9 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...

21 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?

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NCCI And Artificially Low Experience Modification Rates

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.

33 views0 comments

Reduce Your Next NCCI Experience Mod: Reserve Auditing

Stuart Cytron

Jan 16, 2020
2 min

Reduce Your Next NCCI Experience Mod: Reserve Auditing

There is a good reason why I send this reminder at the beginning of the year which I'll explain. But, first, in case you're not familiar...

34 views0 comments

Stuart Cytron

Sep 11, 2019
2 min

Work Comp KPIs: 3 Suggestions

There are numerous KPIs we could utilize depending on organizational objectives and goals. But, here are three suggestions that can help...

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The Downside Of Declining Work Comp Rates

Stuart Cytron

Sep 5, 2019
4 min

The Downside Of Declining Work Comp Rates

The down side of this otherwise positive trend could reside in your Experience Modification Rate.

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3 Simple Ways To Reduce Your Experience Modification Factor

Stuart Cytron

Jul 11, 2019
3 min

3 Simple Ways To Reduce Your Experience Modification Factor

There are 3 simple ways to reduce your Experience Modification Factor. Simple in the sense that they are all services for which you...

75 views0 comments

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