EPLI Claims Reach Tipping Point Amid Anti-Sexual Harassment Movement
It would only be logical that based on the recent #meToo movement that frequency in sexual harassment events has and will increase. The impact to carriers and on future premiums…
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Florida Orders Workers’ Comp Rate Decrease of 9.8%
Florida Insurance Commissioner David Altmaier has ordered a statewide overall workers’ compensation rate decrease of 9.8 percent, a slightly higher decrease than the 9.6 percent decrease filed by the National Council…
NAPEO Forms Cybersecurity Task Force
Cybersecurity Task Force As an fyi, NAPEO has formed a Cybersecurity Task Force to better understand the exposures of PEO and how to mitigate them. A very timely and critical…
Florida WC Rate Decrease Hearing Set for Tomorrow
The Florida Office of Insurance Regulation will be discussing on the 18th of October NCCI’s proposed rate decrease of 9.6%. Agenda shown below. If you have any comments that you…
Internal Revenue Service Posts List of PEO Small Business Efficiency Act Participants
PEO Small Business Efficiency Act Participants Unfortunately for the PEO industry, there have been cases in the past of payroll tax money not making its proper way to the Internal…
Insurance Nerd Day 2017!
…was yesterday and we did not celebrate it here on the Compass where we take that title as a compliment! July 18 is Insurance Nerd Day 25% of insurance professionals…
California Adopts 16.5% Workers’ Compensation Rate Drop for 7.1
From the Insurance Journal… http://www.insurancejournal.com/news/west/2017/05/22/451841.htm California chose to adopt the Workers’ Compensation Insurance Rating Bureau’s (“WCIRB”) recommendation of a -16.5% drop in pure premium rates. It should be noted that…
2016 Workers’ Compensation Combined Ratio is a 94 per NCCI
Workers’ Compensation Insurance It has been a busy month of conventions… NAPEO Legal and Legislative, RIMS and last week the NCCI. On the ground at the PACE conference in New…