The National Council on Compensation Insurance (NCCI) invites agents to attend a free workshop to learn more about the classification and experience rating process.
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“The 5Cs to Taking a Bulletproof Injured Worker Recorded Statement”
The workshop includes an economic overview and discussion of workers compensation trends, how to use appropriate resources to classify a business, and understanding the experience rating process.
All attendees must register to guarantee a seat. Course materials and refreshments are included.
Licensed agents will earn three continuing education credits for attending this workshop.
Workshop Sessions
NCCI is hosting this free workshop to provide agents with practical day-to-day information to assist in the classification and quoting of workers compensation business.
Texas Workers Compensation Economic Overview and Workers Compensation Trends—This session provides an overview of the functions of a rating organization, the Texas workers compensation market, and information on changes in the job market.
How to Classify and Use the Appropriate Resources—A significant role that agents play for the benefit of their customers is to ensure the appropriate premium is being charged for their workers compensation coverage. As such, a better understanding of the classification process, the workers compensation rules, and the available premium pricing programs can assist the agent in achieving that professional objective.
Experience Modifications: Understanding, Managing, and Other Helpful Information—This session covers the role of experience rating and associated rules for modifying premium and the impact of frequency versus severity in the calculation of an experience rating modification factor. It also will cover ownership changes, the impact of rating calculations, and the steps that an insured can take to potentially improve its loss experience.
Agenda
8:00 a.m.–8:30 a.m. Registration, beverages and snacks
8:30 a.m.–12:00 noon Three hours of instruction to provide an Economic Overview and discussion of Workers Compensation Trends, how to Classify and Use The Appropriate Resources, and how to Understand The Experience Rating Process (10- to 15-minute break between sessions)
12:00 noon–12:15 p.m. Continuing education certificates presented
If you wish to make hotel room reservations to stay at the workshop location, contact the hotel directly (see information below).
Dates and Locations:
Wednesday, June 17—Dallas
Dallas/Addison Marriott Quorum by the Galleria
14901 Dallas Parkway, Dallas, Texas 75254
972-661-2800
Dallas/Addison Marriott Quorum by the Galleria
Complimentary self-parking (extended to this meeting)
Thursday, June 18—Houston
Houston Marriott West Loop by the Galleria
1750 West Loop South, Houston, Texas 77027
713-960-0111
Houston Marriott West Loop by the Galleria
Self-parking discounted to $5
Author Kori Shafer-Stack, Editor, Amaxx Risk Solutions, Inc. is an expert in post-injury response procedures and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. www.reduceyourworkerscomp.com. Contact: kstack@reduceyourworkerscomp.com.
©2014 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law.
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