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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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Workers’ Compensation has fast become a leading cost factor in business insurance programs. Premiums are at an all-time high within many business classes and the indirect costs associated with employee injuries are often two to three times the premium. Many businesses are left feeling helpless in controlling these costs and do not realize the level of control they can have. Below, we offer six key strategies to help effectively control your workers’ compensation costs. … Read more

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