1) Assumption of risk of loss by deductibles, noninsurance, or self-insurance. Retention can be unintentional when exposures are not identified, or intentional.
(2) In reinsurance, the net amount of risk the ceding company keeps for its own account.
©J&L Risk Management Inc Copyright Notice
WCIRB Telecommuter Class Code 8871 10% Lower Than Clerical 8810 Yesterday, I sat in on/attended/viewed a WCIRB (CA WC Rating Bureau) webinar that covered the
Workers Comp Knowledge Quiz – Hints In The Links Dealing with an abscessed tooth is no fun. I had to miss the NWCDC conference in
IRS Independent Contractor Definition Useful Determination Info Employers face a daunting question when they use independent contractors. When I was writing the previous article on
Top Five Workers Comp Tax Questions Answered J&L’s corporate tax filing season ends tomorrow (whew!). Every year we receive the following workers comp tax questions
Did PWALSH Test Replace the WALSH Test For Workers Comp Jurisdiction? One of the most useful tests and acronyms in the workers comp insurance world
Workers Compensation Medical Inflation Webinar- WCRI Was Workers Compensation medical inflation worse than overall medical inflation or overall economic inflation? That is the question covered
Related...
ChatGPT Workers Comp Minimum Disability Rates Question I decided to try to stump AI again this week by asking the ChatGPT Workers Comp minimum disability
LCF Designation Question – Workers Comp Policy We have received this question in the last month from two risk management consultants. What does the LCF
Accountable Care Organizations (ACO) The accountable care organizations (ACO) are healthcare organizations characterized by a payment and care delivery model that seeks to tie provider reimbursements to
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:
Web Design in Raleigh By Redwood
