Gulfshore Insurance > Gulfshore Blog > John Keller

Big changes are coming to the NCCI’s Workers Compensation Experience Modification Rate (EMR). Effective January 1, 2013, Florida business will see a change in the way past workers’ compensation claims impact their EMR and future premiums…. Read more

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APL + B + (W x AEL) + (1-W) x EEL =EMR
EPL + B + (W x EEL) + (1-W) x EEL

This equation isn’t too scary, is it? Certainly not scary if you know what all the abbreviations mean. Here, let’s see if this helps… Read more

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When examining your own safety reward program or when building one from scratch, consider the following guidelines:… Read more

Professional Employer Organizations (PEO) have grown in popularity and provide many valuable services for their clients. In most arrangements between the PEO and its client, the PEO agrees to perform specified employer responsibilities for the leased workers, including some or all of the following… Read more

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Workers’ Compensation insurance is widely known and purchased by businesses to fulfill their statutory requirement to provide benefits to workers injured while in the scope of their employment. Everything from bug bites and cut fingers to quadriplegic and fatal accidents will be claimed under WC. However, what many business owners fail to fully understand is that there is a tracking mechanism and predictive tool that helps determine how much they will pay for their WC insurance; it’s the Experience Modification Rate (EMR). Because the NCCI (National Council on Compensation Insurance) is the governing body for almost every state in the U.S. (click here for a current map), my discussion of the EMR will focus on the NCCI’s version. … Read more

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