Workers Comp Audit Stress Reducer
Use It For Your Next Premium Audit

Tennesseean Article – Self Insurance and Law of Large Numbers


Workers Comp Tennesseean Article – Law of Large Numbers

The Article Below Appeared in the Tennesseean. Check my post for tomorrow to see my opinion on what happened and what happens when you violate the Law of Large Numbers.

Map of Tennesseean with guitar

The head of the Tennessee Restaurant Association stepped down from his position on Monday, following heated allegations of mismanaging a worker’s compensation fund for restaurants.
Ronnie Hart, the group’s chief executive officer and president, sent a proposal for early retirement to board members who were attending the association’s quarterly meeting on Monday. It was later modified and approved, said Randy Rayburn, a member of the association’s board of directors and local restaurateur, who declined to discuss details of the agreement.

Hart originally was scheduled to complete his term on Dec. 31 and will stay on as a consultant, said Michael King, another board member and owner of Monell’s Dining & Catering. The association’s chairman, Jeff Messinger, will create a transition committee that will determine strategic goals and start looking for job candidates, King added.

Person Writing List Of Goals Tennesseean On Yellow Paper

“I believe it was appropriate for the Tennessee Restaurant Association to move in a new direction to regain the confidence of our members — past, present, and future,” Rayburn said.

The state’s Department of Commerce and Insurance sued Hart last year alleging he dipped into the reserves of the workers’ compensation fund without proper approval and his company was paid double the contracted rate for managing the fund.

The state told 500 member restaurants they would have to pay $1.5 million to cover worker insurance liabilities and could be forced to pay as much as an additional $4.8 million. That infuriated some restaurant owners, though Hart said at the time he did nothing wrong while managing the fund.

Rayburn said the litigation against Hart regarding the worker’s compensation trust “cast a shadow upon the restaurant association and its members.”

©J&L Risk Management Inc Copyright Notice



James J Moore - Workers Comp Expert

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Management Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • WorkCompCentral.com
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers Compensation.com
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications


Get the latest workers' comp news FREE!

This field is for validation purposes and should be left unchanged.