Workers’ Compensation Rate Calculation New Benchmark For Contractors’ Qualification To Bid

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A complicated calculation for determining workers compensation premiums has evolved into a do-or-die benchmark on whether contractors are qualified to bid on many jobs, and some say that’s not fair, especially for smaller contractors. It’s called the experience modification rate (EMR), and it’s based on previous workers’ comp claims versus payroll and other factors. The rate can lead to a …

Construction: Implications of Classifying Workers As Independent Contractors

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Article by Debra R. Franklin, Esq., SPHR, VP, HR Solutions, Murray Securus Attention construction employers – it’s important you know the Construction Worker Misclassification Act (CWMA) and the implications of classifying workers as independent contractors for workers’ compensation purposes in Pennsylvania. How can an “employer” in the construction industry succeed in not paying workers’ compensation by claiming that the injured person …

Top Five Surety Carriers Ranked by Net Premiums

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National Underwriter’s Top 100 and Heads of the Lines lists — the data for which is provided by S&P Global Market Intelligence — today offer a look at which P&C groups are premium leaders in 11 key lines: Private Auto, Commercial Auto, Commercial Multiperil; Inland Marine; Workers’ Compensation; Product Liability; Fire; Ocean Marine; Surety; D&O; and stand-alone Cybersecurity. Read more …