Workers Comp Insurance Carriers - Continued - Workers Comp Premium Audit - Reserve Reviews For Employers

Workers' Compensation
Premium Refunds Possible

Jun 1, 2008

Workers Comp Insurance Carriers - Continued

We have had two clients recently (one in California and one in Kansas) where the insurance carrier sent out what was really another auditor that was called loss control. According to the rules, insurance carriers are only supposed to audit employers one time per year, after the expiration of a policy. However, there are rules that prevent the auditor from doing certain things to increase the premium for the expired policy. That is where a Loss Control person that is supposedly there for a safety inspection is actually looking for ways to charge more Workers Comp premium.

I will cover the rules that I just mentioned in the next post.

Labels: