Category Archives: Workers Compensation

ANC – The Audit Noncompliant Charge – Workers Compensation Audits Have Sharp Teeth!

Fail to complete your workers compensation audit and suffer the consequence of the ANC or Audit Noncompliant Charge! That’s right, you may face being charged up to an extra 300% of your original workers compensation deposit premium. Let’s take a … Continue reading

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Workers Compensation Experience Rating and Combining Entities – Problems Discovered in Real World Acquisition and Mergers of Entities

When separate entities merge or are acquired, one of the least thought about issues during the heat of the acquisition is the effect a combination of these entities may have on the acquiring company’s workers compensation experience rating modification factor … Continue reading

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Audit and Other Problems with Assigned Risk Plan (Pool) Workers Compensation Policies

Why do small employers always seem to have problems with workers compensation audits when the insurance company is the assigned risk plan? Does it have something to do with special rules that apply to these workers comp pool policies? Could … Continue reading

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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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