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Fix diminishing agent commissions with Simple Work Comp

fix-diminishing-agent-commissions-with-simple-work-comp

Do your commissions diminish upon renewal? If so, how big a hit will you take when your comp clients renew? 10%? 20%? 50%?

As an agent you know all work comp carriers are not created equal. However, when it comes to agent commissions, some carriers are equally great at wanting you to believe that reduced commission percentages at renewal is the industry ...

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Helping Agents Save Their Clients

Work Comp Agents, Hard to place work comp

We love opportunities to help insurance agents avoid unnecessary woes with workers’ comp shopping. No matter the size of the client.

Last week we spoke with an insurance agent who does not work in the work comp industry, but had a client who now needed coverage for comp.

His client had been with him for many ...

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California Experience Rating

The Insurance Commissioner recently adopted changes to California experience rating (X-Mod).

Under the new California Experience Rating Plan (2019) only the amount of each of your claims, up to your primary threshold, is used in the X-Mod computation.

California experience rating mod formula

These changes make it easier for employers to understand:

  • How reducing workplace injuries will reduce their premium cost
  • The importance of reporting all claims

The new formula ...

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The Easiest way to keep Construction Companies in Compliance

We keep construction companies in compliance!

Get proper directions to find the solutions to stay in compliant with local, state, and federal laws.

Keep_Construction_Companies_Compliant

The rapid population expansion in Florida has been problematic in many areas. Of particular concern, is the effect it has taken on the construction industry.

Many small contracting companies start with an opinion that their skills and knowledge are enough ...

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Georgia Workers Compensation Requirements

Frequently Asked Questions (FAQ) about Georgia Workers’ Compensation Insurance

 

  • How many employees must I have in order to be required to provide workers’ compensation insurance?

If you regularly employ three or more persons in your Georgia business, you are required to provide the benefits.

 

  • Does this include part-time employees?
    Yes, as long as they are regular.

 

  • What do you mean by “regular” part-time employee?
    A regular part-time employee works regularly on a part-time basis. Such as employees who only work on weekends.

 

  • If my business ...
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