When acquiring another company, there’s no shortage of factors to consider. From valuing physical assets to estimating potential synergies, the due diligence process can be complex. However, one critical element often overlooked is the EMOD.
In Workers' Compensation, the reality is that the E-Mod score determines the majority of the annual premium, rather than the non-disputable rates assigned by the NCCI for each class code. Which is to the benefit of savvy companies that understand how the EMOD score works and know how to control it.
Many have been there staring at a workers’ compensation insurance proposal, overwhelmed by a premium so steep it feels like a punishment. The explanation seems simple: one big, catastrophic claim has thrown your experience modification factor (EMOD) into chaos, leaving you with an astronomical bill.
As OSHA’s National Emphasis Program (NEP) for Heat enters into its second year, it is important to revisit some key takeaways.
As the one-year anniversary of OSHA launching its National Emphasis Program for Heat approaches, it is important to revisit some key takeaways.
When purchasing any product or service, it makes perfect sense to associate a better RATE with a better PRICE.
In February, another category 3 tropical cyclone hit the republic of Madagascar, the second largest island nation in the world. This is the third cyclone to hit the island this year, with the last one hitting 16 days prior.
Most GC’s, trades and material suppliers operate on narrow margins where increases like these could be detrimental to the industry. In this current reality, how do we manage through these times and remain profitable?
Most general contractors, trades and material suppliers operate on narrow margins where current increases in the market could be detrimental. In this current reality, how do we manage through these times and remain profitable?
A claims adjuster told me a few years ago that flood is the most common uncovered builder's risk claim, but not in the traditional sense.
