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…
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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…
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…
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…
Next up in our “Explain Like I’m 5” series, we are going to cut the experience modification factor (or Mod) into bite-size pieces. An experience mod is a measurement of…