"Experience Modification Factor" Archives

  1. Workers’ Compensation Services Overview

    by Cameron Bramwell

    HOW IS YOUR BROKER HELPING YOU LOWER YOUR WORKERS’ COMPENSATION PREMIUMS? Workers’ Compensation is a large and necessary cost, but there are still opportunities to save.  We’ll help you reduce claims and control costs by establishing workplace safety policies, streamlining your reporting procedures and identifying top loss sources.  JJ Insurance also offers a complimentary mod […]

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  2. Understanding Your Workers’ Compensation Experience Modification Factor

    by Cameron Bramwell

    Understanding Your Workers’ Compensation Experience Modification Factor A key to understanding your workers’ compensation premium is the experience modification factor, also known as your mod. Understanding your company’s mod and the data used to obtain it helps you identify ways to minimize your workers’ compensation premium. Who calculates the mod factor? Most states use the […]

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