Steps You Can Take To Fix An Out Of Control Experience Modification Rate or EMR
We are often asked by insurance agents, employers and attorneys how to fix an out of control EMR or experience modification rate. Yes, you can fix an EMR, but the answer’s not easy, not the same for...
View ArticleCommon Problems Associated With Workers Compensation Claims -
For most employers the workers compensation claim process occurs behind the scenes. Many transactions between the injured employee and insurance company are carried out unknown to the employer. However...
View ArticleThe Relationship Between Workers Compensation Claims and Experience...
I’d venture to say that just about every workers compensation experience rated employer is aware of the effect claims have on their EMR, XMOD, EMOD, experience modification rate or whatever you want to...
View ArticleDo You Know Your Unit Statistical Report Date or Unistat Date and Why It’s...
Your Unistat Date, or Unit Statistical Reporting Date, is a very important date that should be marked on every experience rated employers calendar. It’s the date that statistical information is...
View ArticleWorkers Compensation Claim Reserving Practices and Reserve Management – How...
You’ll find that workers compensation claim reserving practices and insurance company management of reserves make a big impact on future insurance company performance. Sometimes to the tune of being...
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