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Premium Audits And Short Rate Penalty – continued

Premium Audits And The Short Rate Penalty In my last post, I covered the predicament some employers can be in when they want to switch insurance companies due to their premium audit sticker shock. The main consideration is the short rate penalty. The premium audit has just been completed so

Premium Audit and Reserve Question – How Often Per Policy Year?

Reserve Question And Premium Audit = Not The Same Thing We received this reserve question earlier this week. I thought I would address it now as there seems to be some confusion on the premium audit and reserving process for Workers Compensation. The emailed question was – How often should

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