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December 8, 2010

Reinsurance Trade Group Or Cartel – Global Reinsurance Forum

Reinsurance Trade Group Seen By Some As Cartel Is this reinsurance trade group a cartel?  The Global Reinsurance Forum reached it’s first anniversary in September of this year. Launched by 10 major reinsurers, the forum’s aim is to be a lobby group that’s goal is to shape international regulatory and

Are The WCIRB And NCCI Becoming More Alike?

WCIRB And NCCI Becoming More Alike WCIRB and NCCI  are becoming more alike. Yesterday, I posted how the WCIRB had adopted rules similar to NCCI’s new changes. It was late at night and I did make a mistake. What I meant to say was that the WCIRB was adopting rules

Standard Exceptions

Term Of The Day – Standard Exceptions The Standard Exceptions in a Workers Comp policy reduce premium payouts for the safer workers at a give employer. Employees that are not classified under the governing classification code. Almost all business have standard exception employees. Clerical (Class Code 8810) and Drivers (Class

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