experience modifier News

Fla. Appellant Claims ‘No-Work’ Light Duty is an Ex-Mod Ruse

Most people will be familiar with the posters at workplaces noting the number of days since a lost-time work injury. Well, there’s a dirty little secret behind that, one that helps employers avoid higher experience modifications on their workers’ compensation …

New Workers’ Comp Rating Formula Adjustments Increases Predictive Power

A reworking of a key piece of the workers’ compensation rating formula isn’t changing rates overall but is changing premiums for most insureds, according to experts. Tony DiDonato, director and senior actuary at the National Council on Compensation Insurance, the …