States, like California, have been issuing orders to insurance companies to refund premium to customers for overpayments made on certain insurance lines (inc...

I read a recent article in Construction Business Owner Magazine called “9 Tips to Maximize Your Company's Profit Potential.”  The #1 tip on the list is Get A...

Cytron Group LLC has put together a list of questions, concerns, issues, etc. that an employer may want to address with its trusted insurance advisor. Cytron...

Coronavirus and shelter-in-place rules have occurred quickly and turned so much of our society on it’s head, truly, overnight.  Many things about how we live...

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 always respond "I sa...

Below is an actual email exchange between a client and his insurance company auditor regarding a reclassification. Who is right?

"Buying down" experience modification rates is an issue about which NCCI has been trying to educate people.

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 with reserve auditin...

There are numerous KPIs we could utilize depending on organizational objectives and goals. But, here are three suggestions that can help get you started. 1)...

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

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

As I wrote in "Part 1," I read an article on this subject that I thought was very interesting. I thought, here, I would add my thoughts about the subject for...

I commented last week on an article I read about this subject, and it provoked so many thoughts on the matter that it's possible to write a series on this. M...

The Missouri Employer-Paid Medical Program allows employers to have certain medical-only claims excluded from their experience modification calculation. Unt...

Twice in the last year I’ve worked with clients who came to me with similar experience rating problems involving the sale of a division. In one instance - le...

Which of the following scenarios would you think hurts your NCCI Experience Mod the most?  Which one the least? A)  You have 100 medical-only claims each of w...

Renewal season is here, or about to be, for most of you with the majority of businesses renewing their insurance programs on either 12/31 or 1/1.  And, since...

If you are one of the 70% of organizations that renew on 12/31 or 1/1, there is an approaching deadline 6 months from now for which you need to be aware. If ...

This post was updated on July 22, 2019