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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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…
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…
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…