Famous for being one of the richest men in the world, billionaire investor Warren Buffett loves the business of insurance. Why? Because of two keywords, he included in his letter…
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Those who are elbow-deep in insurance daily throw around jargon like it’s nothing. This can leave the rest of us scratching our heads, trying to keep up or just giving…
When insurance carriers are calculating premium rates to charge, they need to deep dive into the loss history of a particular class of business. Specifically, they look at historical incurred…
Those who are elbow-deep in insurance daily throw around jargon like it’s nothing. This can leave the rest of us scratching our heads, trying to keep up or just giving…
The insurance term “IBNR” is such an important, but often ignored or misunderstood concept. What exactly is IBNR and how does it impact your premium? If your company is…
Those who are elbow-deep in insurance daily throw around jargon like it’s nothing. This can leave the rest of us scratching our heads, trying to keep up or just giving…
As we learned in our last blog, “Explain Like I’m 5: Modification Factor,” experience modification factor calculations impact workers’ compensation insurance premium costs. Controlling your mod makes your company not…
Those who are elbow-deep in insurance daily throw around jargon like it’s nothing. This can leave the rest of us scratching our heads, trying to keep up or just giving…
Those who are elbow-deep in insurance daily throw around jargon like it’s nothing. This can leave the rest of us scratching our heads, trying to keep up, or just giving…