Workers Comp Policy Mistakes Occur More In These Employers
Workers Comp policy mistakes can be very expensive for employers no matter the source of the errors.
What types of employers have the most Workers Comp policy mistakes?
We used to have an exhaustive list of employers that listed all of the employers that had mistakes in their Workers Comp policies. After examining policies for over 12 years, we have found that no one type of employer has more mistakes in their policies.
The list does not mean there are errors in your policies. It does mean your company has a higher likelihood than other companies.
We have found that West Virginia employers have a higher rate of mistakes in their policies than other states. This is very like due to the switchover from the Old State Fund to an open insurance market. We will monitor this for the next few years. We have picked up a large number of West Virginia clients due to the changeover.
Recently, several types of employers have popped up on our radar screens for having more errors than normal.
They are companies that:
- Manufacture or use dyes or inks in their manufacturing processes
- Manufacture non-woven fabrics
- Trucking companies
- Use subcontractors
- Handle metal
- Tow Truck Operators
This list may change shortly. Please remember the list above comes from our customers. This may not represent the whole market. The list is a good representative sample.
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