KATERI SCHUTT
Account Manager

Michigan has enacted new requirements for insurance companies to electronically provide the Secretary of State (SOS) with the Vehicle Identification Number (VIN) for all vehicles they cover by no-fault insurance.  This is being used by the state to flag uninsured vehicles when their plates come up for renewal.

JODI MATHY 
Post Loss Specialist

When you have a worker’s compensation claim, you want it handled quickly, and you want it handled right.  One of the biggest complaints that I hear from frustrated clients is that the adjuster assigned to their claim isn’t calling them back quick enough. 

The typical insurance policy covers tragedies relating to injuries, death, or property destruction. These common risks are easy to spot and cover.  But what about the unique personal and business risks you face?  While insurance shouldn’t necessarily be the first or only risk management technique you turn to, if there’s a risk, you can bet there’s a company that will write a policy for it.    

JENNIFER FREDRICK
Post Loss Administrator

Insurance terminology and processes can be somewhat of a mystery to those outside the industry. A question I often get is “how does subrogation work for workers’ compensation claims?”

The Great Recession (and threats for a double dip) seems to loom large over our businesses and our lives like a thick fog, keeping us guessing and seriously impacting just about every area of the economy.  

CHRIS TANKE 
Relationship Manager

It is not a surprise that reading an insurance policy is not most people’s favorite thing to do.  (It usually doesn’t even scratch the top 10.)  In most cases, if you do read your policy it will be confusing, frustrating, and full of legal language that few people understand.  However, it would be a wise use of 15 minutes of time to read your motor truck cargo form.  Those 15 minutes may help you understand your coverage, which could save thousands of dollars in uncovered freight claims.

JODI MATHY
Post Loss Specialist

One key way to manage your company’s experience rating is to keep medical-only claims from becoming lost time claims. Medical-only claims have the unique advantage in most states to have an experience rating adjustment (ERA) which reduces each loss by 70% for the purposes of the mod calculation. 

The market for insurance is cyclical.  It fluctuates between the soft market (when premiums hold steady or decrease) and the hard market (when rates increase and coverage is harder to find.)

When I got into the insurance business, one of the first things my boss did was give me a math quiz.   Having tackled algebra, geometry, and calculus back in my formative years I was not frightened by the test I was about to receive.    He went to the white-board and wrote down the following equation: