The WorkCompEdge workers compensation blog is a resource from Zywave, Inc., a leading provider of software-as-a-service enterprise solutions for insurance brokerages.
In 2010, Zywave acquired Specific Software Solutions, a market leader in workers compenation software best known for its flagship product, ModMaster.
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 [...]
Filed under: Experience Rating (the Mod) | Tagged: experience rating modification factor, premium, workers compensation | 4 Comments »
Queue the dramatic music and expectant drum roll: Today Zywave releases an all-new ModMaster version 5.0. Some of you have been with this product since its beginning with Specific Software Solutions almost 20 years ago. You know how it’s changed over the years – from rating updates on disks (remember those?) to web-based updates; from [...]
Filed under: Making the Most of ModMaster | Tagged: ex-mod calculator, experience rating analysis, experience rating software, mod calculation, premium analysis, work comp, workers compensation, x-mod | Leave a Comment »
The official word we’ve been waiting for is here: NCCI has published one of its “FYI Plus” memos on proposed revisions to the experience rating plan primary/excess split point value and to the maximum debit modification formula. The FAQ document, FYI-CW-2011-05, is publicly available here in the Industry Information /Regulatory Activities section of the NCCI site. The FAQ [...]
Filed under: Experience Rating (the Mod) | Tagged: NCCI, regulatory activities, split point, workers compensation | 3 Comments »
A few weeks ago, colleague Michelle Jackson and I attended NCCI’s 2011 Annual Issues Symposium. We got lots of great data and ideas to share with insurance and risk management professionals, and their clients, in coming blogs on a wide range of work comp topics. But the piece of news that captured my attention the [...]
Filed under: Experience Rating (the Mod) | Tagged: experience rating plan, loss frequency, loss severity, NCCI, primary excess split point, workers compensation | 4 Comments »
Blog at WordPress.com. Theme: Digg 3 Column by WP Designer.
