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Mid-policy Assessments Endorsements – Becoming Larger Trend?


Mid-policy Assessments and Endorsements

We have received a larger than normal number of calls and emails on mid-policy assessments and/or endorsements. A mid-policy assessment or endorsement should be examined very carefully. A past post on Red Flags that you may have been overcharged lists this as an area of concern.

When an insurance carrier decides to change a policy mid-term it should be considered a change of contract. I often see where our clients and employers have filed away the endorsements or assessments without reading them. If your company changed your employment contract, would you not read that info?

Office Table With Mid-policy Assessments Documents

Mid-policy assessments or endorsements are not the same as a yearly workers compensation premium audit. We recently received a premium audit statement that was noted as an endorsement. The yearly premium audit usually occurs 30 – 60 days after the end of your policy period.

The fastest way to screen whether or not the endorsement caused an increase is to review anything that is referred to as a premium adjustment. Your company may not be billed right away.

The receipt of an endorsement should be explained to you by your agent or broker if you contact them. As I have posted very often in this blog, DO NOT wait to contact your agent or insurance carrier about the endorsement. Certain states have time limits on when you can raise a dispute.

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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


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