Extraterritorial/Reciprocity Statutes by State
When employees travel, it’s important to know the extraterritoriality and reciprocity statutes in the state where that employee is working. This reference document will help you do just that.
Workers Compensation
2 Major Trends in Work Injuries and Workers’ Comp
While the number of compensable lost-time injuries have declined steadily for more than 25 years, work comp rates have not dropped. Why? Could the cost of injuries be to blame?
Bad Things Happen When Employees Travel to Other States
Traveling employees create workers’ compensation coverage nightmares; but many agents are unaware of these travelling landmines until after the injury. The problems arise at the junction of two key concepts:…
Work Injury Prevention – Remember PADRE!
The easy to remember acronym for the five key aspects of reducing the costs of and avoiding work injury is PADRE. Understanding Prevention, Avoidance of lost time, Duration, Relapses, and…
Calculating the Insured’s Lowest Possible Work Comp Mod
Once the mystery is removed from the experience mod worksheet, development of the lowest possible experience mod is quite easy. This article shows how to develop the lowest possible mod…
Key Information for Interpreting the Work Comp Experience Mod Worksheet
The National Council on Compensation Insurance’s (NCCI’s) Workers’ Compensation Experience Rating worksheet looks daunting at first. But once all the acronyms, shorthand and calculations are understood – it can be…
Three Workers’ Compensation Endorsements Every Agent Should Know When to Use
Workers’ compensation is simple, it provides sole remedy protection for the injured worker. The difficulty in work comp arises from state and federal laws and non-traditional employer/employee relationships. This article…
Your Client is Moving its Work Comp to a PEO
Your client decides to move its workers’ compensation coverage to a PEO, you need to know the answer to three questions: 1) What does the PEO do for my client?…
Are You Ready for the Work Comp Audit? Confirming Payrolls Used
When the work comp policy expires, it is time for the audit. As every agent knows, work comp premium is generally based on payroll; thus, the two most important questions…
I Owe How Much? Court Rules WC Insurer Can Charge for Independent Contractors
The following is an article written by Tennessee Big “I” member (and the very first VU newsletter subscriber) Alan Johnson, CPCU, ARM-P, AIS, AINS about a recent Tennessee Court of…
