Kentucky approves higher worker comp rates for mining – Business Insurance
May 22, 2010
FRANKFORT, Ky.—The Kentucky Department of Insurance said Wednesday that it has approved an NCCI Holdings Inc. request to increase workers compensation rates for coal mining operation expenses tied to the federal health care reform law. The health ...
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Workers’ comp rate hikes likely will boost self-insured groups – Sacramento Business Journal
May 22, 2010
As rising medical costs and recent court decisions put upward pressure on workers’ compensation rates, an alternative to traditional workers’ comp insurance will appear on employers’ radar again. But employers will have more to consider than ...
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Archive for December 2006 – The Spokesman-Review
May 21, 2010
The change would come on top of an estimated $89 million in savings next year due to already-approved lower premiums for unemployment and workers’ compensation rates. Total savings: $404 million. “That’s money we hope will be reinvested in ...
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Speaker warns Pasco audience about liberals’ agenda – Tri-City Herald
October 3, 2009
One of the messages promoted by Bob Williams in Pasco on Wednesday is as old as politics: Know thy enemy. Williams, president of the conservative Evergreen Freedom Foundation, encouraged an audience of 45 people to read the books Rules for Radicals ...
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WCB pushes safety message on dry cleaning bags – The Chronicle Herald
October 3, 2009
Dry cleaner Aris Makridis prepares to hang a customer’s cleaned clothing at One Hour Martinizing in Halifax on Tuesday. The Workers’ Compensation Board is putting advertising on dry cleaning bags in their latest campaign to raise awareness ...
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Workers’ comp rates drop for fourth straight year – MSN Money
September 17, 2009
Oregon employers will pay less for workers’ compensation insurance coverage in 2010. The state’s Department of Consumer and Business Services announced that the workers’ compensation “pure” premium rate will decrease by a 1.3 percent ...
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Pomeroy fills administrator’s job duties – Pomeroy Daily Sentinel
September 17, 2009
POMEROY — After the resignation of Village Administrator John Anderson due to health reasons, the Village of Pomeroy has made provisions to replace Anderson and his daily duties. At this week’s meeting of Pomeroy Village Council, Greg Wilson of ...
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Workers’ Comp Writers see First Double-Digit Drop in Decades – TradingMarkets.com
September 17, 2009
Recession-related factors including a soft market, the financial crisis and a lack of job growth contributed to the worst DPW decline in decades, said Dennis Mealy, chief actuary for the National Council on Compensation Insurance. "Over half of the ...
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Workers’ Comp Insurance Rates – How to Save 10-15%
September 3, 2009
Would you like to save 10-15% on your current workers' comp insurance rates?
What if I told you that you could save 10-15% without changing carriers.
It would definitely save you the hassle of all the paperwork associated with a new workers' comp policy.
Now, what if I told you that you could also recover 10-15% from previous years policy's?
Yes, it's true, you can.
On average we can lower your workers comp insurance rates by 10-15% per year.
We've been not only reducing current workers' comp insurance rates for employers but we also recover money from previous years.
The best part is that we are so confident in what we do that we don't require any payment upfront. You don't pay until you have received your refund check.
Sound to good to be true?
Well, it's not.
The simple fact of the matter is that insurance companies make mistakes. All we do is go through and find the mistakes and tell the insurance company to reimburse your company.
It's that simple.
For you at least. For us it's a very detailed process of going through your policy with a fine tooth comb and finding every little error and mistake possible.
You might be wondering, what if we find a mistake in the insurance company's favor?
Like we're going to let them know that you're not paying enough.
We're only going to report mistakes that the insurance company makes and let me tell you there are far more of those than the other way around.
We can only accept a limited amount of clients, so make sure to contact us right away.
Call: 877-506-2220
If you still aren't sure, then you can read more about it here:
Workman’s Comp Rates
September 1, 2009
Have you noticed that workman's comp rates continue to rise year after year? Have you ever sat and wondered why this is?
I'll let you in on a little secret...
Workman's comp insurance companies offer really good rates when you initially sign up. Their goal is to sucker you in and clamp down on you once they have you.
Once they have you, they start jacking up the rates year after year. Think of it like a teaser rate from credit card companies. Their goal is to make money, not give you the best deals.
What you may not realize is that big businesses usually switch carriers every year. This way they can capitalize on cheaper workman's comp rates each year.
Most of these businesses know how the game is played. The biggest issue I find is that most business owners are not aware of all the mistakes that insurance companies make.
Which a majority of the time just happen to be in their favor...go figure.
And you know what? Most employers just go right along with it.
The problem is why they go along with it.
Take a look at your policy and your audit sheets and you will understand why. It's usually so complicated and hard to understand that even if there was a mistake, chances are you wouldn't even know it.
If you would like to know more about these mistakes and workman's comp rates then click here.
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