Decreasing Workers’ Compensation Premiums

Increasing loss ratios One factor that insurance companies use to underwrite your contractors Workers’ Compensation insurance policy is loss ratio.  Simply put, your loss ratio is the dollar amount of losses divided by premium.  A contractor with a loss of $10,000Read The Full Article »

Unsigned Certificate of Insurance

Validity requires signature The South Carolina Supreme Court ruled in Barton v. Higgs that an unsigned certificate of insurance evidencing Workers’ Compensation is not valid unless it is dated, signed, and issued by an authorized representative of the insurance carrier.Read The Full Article »

Surviving Your Insurance Audit

What contractors need to know BEFORE the auditor arrives Insurance audit. Just these simple words can trigger very negative emotions for a contractor!  In this blog I will attempt to help prepare you for your next Workers Compensation and/or GeneralRead The Full Article »

Do All Contractors Have to Carry Workers Comp?

The fact is that this question is more complicated than it seems at first glance.  For purposes of determining the employee count, most state laws also count uncompensated officers as well as employees of subcontractors.  In addition, state laws count theRead The Full Article »