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Category: Retrospective Rating Plans (LSRP)

Workers Compensation Retrospective Rating Plans – Where They Go Wrong

October 2, 2014 Randy Sieberg, CIC, ARM, CRM

Loss sensitive rating plans, retrospective rating plans, have been used by workers compensation and general liability insurance carriers for many…

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Posted in: Retrospective Rating Plans (LSRP), Workers Compensation Filed under: claim settlements, claims, loss sensitive rating plans, reserves, retrospective rating plans, workers compensation

Retrospective Rating Plan Claims Review – An Essential Step

May 2, 2012 Randy Sieberg, CIC, ARM, CRM

Workers compensation retrospective plan loss sensitive rating leads to a little known, but often skipped, essential step of verification. For employers…

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Posted in: Lesson Learned, Retrospective Rating Plans (LSRP) Filed under: retrospective rating litigation, retrospective rating plans, workers compensation claim review

Retrospective Rating Plans, Claims and Workers Compensation

April 30, 2012 Randy Sieberg, CIC, ARM, CRM

I recently spoke with an attorney representing a client with a pretty big problem generated from adverse claims and the…

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Posted in: Retrospective Rating Plans (LSRP) Filed under: litigation support, retro plans, retrospective rating litigation, retrospective rating plans, workers compensation

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