Tag Archives: experience modification rate

How can I keep my workers compensation premium from going up?

For such a simple insurance product workers compensation can cause so many problems! And one of those persistent problems for many employers is the seemingly never ending increase in premium some of them get to face every day. Truth of the … Continue reading

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How One Claim Can Spike a Workers Compensation Experience Modification Rate (EMR)

In the past, you’ve always been able to depend on that if an employer suffers a shock loss to their workers compensation program that the resulting effect on their EMR or experience modification rate would be softened. The old rule … Continue reading

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Human Resource Manager and Workers Compensation Problems – A Solution

We often find ourselves working with the Human Resource Manager of a businesses on a workers compensation problem. Most of the time these problems are related to workers comp audits, classifications or re-classification of employees into different workers compensation codes. … Continue reading

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Do You Know Your Unit Statistical Report Date or Unistat Date and Why It’s Important?

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 reported by your workers compensation insurance company to your rating bureau, … Continue reading

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How a High EMR or Experience Modification Rate can Kill a Business –

Can a high or out of control Experience Modification Rate kill a business? Yes it can. In this post we’ll examine the real effects of high EMR’s and the dangers they pose to the life of a business. If your … Continue reading

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