Theme 76

Lowering your Experience Modification Rate is a long process that starts with a safety plan, actionable steps to improve safety, and training to ensure that employees are safe on the job. You will need to set realistic goals and work tirelessly alongside employees and managers to lower the frequency and severity of injuries. Contractors have…

An EMR or experience modification rating (also called a XMOD rating or factor) is used to price workers’ compensation insurance premiums. Think of it like your credit score or car driving history, where third parties consider your history as an indication of future risk. In construction, insurance companies use an organization’s EMR to gauge the…

Whether you are a small, medium or large-size company, one of the most basic costs of doing business is insuring your employees against injury on the job.  Almost every business in the U.S. that has employees is required to have a workers’ compensation insurance policy. How are workers’ comp premiums calculated? Workers’ comp insurance premiums…