Stunning Workers’ Comp Survey Results Mean Opportunity for Agents and Brokers

Posted on March 16, 2012 by WorkCompEdge Blog Editor

Over 3,500 employers recently participated in Zywave’s 2012 P&C Workers’ Compensation & Safety Survey. Overall results will interest employers and work comp professionals alike, but if you’re an agent or broker, I think the results of just one question should particularly command your attention. First, a little demographic data about the survey participants: The employers [...]

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How Low Can You Go? Attaining a Perfect Score for Your Mod

Posted on March 13, 2012 by WorkCompEdge Blog Editor

Perfect and yet attainable scores apply to many areas of life: credit reports, bowling, the game of Yahtzee, and ACT college prep exams immediately come to mind. These are cases in which the higher the score, the better. Less commonly, an excellent score is represented by a low number: as Zywave’s VP of Sales Operations [...]

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News Regarding the 2013 Split Point Change (from NCCI and Independent Bureau States)

Posted on February 8, 2012 by WorkCompEdge Blog Editor

Insurance and risk management professionals who are monitoring the coming change to the workers’ compensation experience rating process will be interested in these brief pieces of news related to the 2013 split point change: First of all, NCCI has a new 24-minute webinar, Understanding NCCI’s Filed Experience Rating Plan Changes – Item E-1402. This webinar [...]

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Why Did the Ex-Mod Go Up? Five Questions Lead to the Culprit

Posted on January 19, 2012 by WorkCompEdge Blog Editor

I have an affinity for detective and crime shows, and this year I’ve added The Mentalist to my list of favorites. The show features character Patrick Jane, who formerly posed as a psychic and now consults with the California Bureau of Investigation. In each episode, Jane reliably uses his superior powers of observation to have [...]

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The New – and Improved! – California Experience Rating Form

Posted on December 12, 2011 by WorkCompEdge Blog Editor

In addition to recent formula changes for 2012 in the California experience rating plan, the WCIRB has also adopted a significantly new format for its experience rating worksheet. You’ll think I’m a geek (if you didn’t already) for admitting this, but I’m loving the new format. While of course I’m partial to the myriad ways [...]

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New Report Estimates Mod Change Due to 2013 Split Point Value

Posted on November 16, 2011 by WorkCompEdge Blog Editor

As you’ve probably heard by now, NCCI is changing the primary-excess split point value in the experience rating formula beginning in 2013. I’ve been hearing from many agents and brokers who are wisely eager to understand this change and discuss it with their clients. We’ve already published several resources on this topic, and now we’re [...]

Filed under: Experience Rating (the Mod) | Tagged: , , , , , | 2 Comments »

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