Your experience modification factor or mod is the single most important controllable factor of your workers comp pricing. Depending on your experience mod you could either be paying 50% less than your ...

ORLANDO - Insurance costs have been giving business owners fits. Some have asked employees to share the costs while others have completely dropped coverage for employees. In either case, the results ...

Your business’s experience modification rating (ex-mod) directly translates to premium dollars, and risk managers and executives could benefit from a basic understanding of how ex-mods are calculated.

The author examines components of the experience modification rating and how they impact workers compensation (WC) premiums. He then describes three ways in which a firm can lower its rating and ...

Someone once said, "If we seek the average level, we cannot hope to achieve a high level of success." I'm not sure who that person was, but chances are pretty good he wasn't the person in charge of ...

Some contractors no doubt experienced sticker shock when their most recent workers’ compensation audit came back with a higher-than-expected Experience Modification Rate, or EMR [1], that raised their ...