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Experience Mod

Consequences of Failing to Report & Respond to Work Injuries

October 27, 2020 By //  by Michael Stack

Over the years, state and federal governments have enacted a number of safety regulations in workers’ compensation programs to provide for a safe working environment.  Even for the best employers following workplace safety guidelines, accidents do happen.  When they do, it is important to follow recognized procedures when responding to work injuries.  Failure to properly …

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Filed Under: Experience Mod

4 Ways to Lower Your Experience Modification Rate and Why it Matters

August 25, 2020 By //  by Michael Stack

Losses are just one factor in your overall workers’ compensation costs. The other is premium. Many calculations are involved in setting the premium; it comes down to how much of a risk the carrier thinks it is taking by insuring your company. One of the biggest components of the premium calculation is the experience modification …

4 Ways to Lower Your Experience Modification Rate and Why it MattersRead More

Filed Under: Experience Mod

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