E-WorkersComp.net Discusses Recent Increase in Workers Compensation Insurance Rates

Effective January 1, 2012 Florida Employers face an 8.9 percent increase in Workers Compensation insurance rates. E-WorkersComp.net discusses the increase and impact on Florida business.

Tampa, FL December 17, 2011

E-WorkersComp.net, http://www.e-workerscomp.net is an Independent Insurance Agency in Tampa, FL, that sells Workers Compensation Insurance to businesses nationwide. The State of Florida has initiated a price increase of 8.9 percent to Workers Compensation insurance rates. The Director of New Business Development at E-WorkersComp.net is helping businesses become better equipped to avert higher Workers Compensation rates.

“We had a roughly 8 percent increase last year and now our members are being asked to absorb another 8.9 percent increase,” said NFIB (National Federation of Independent Business)/Florida Director Bill Herrle. “That’s a very substantial increase in the cost of labor over the course of two very difficult years for small employers.” NFIB is a nonprofit organization that represents a voice for small business. http://www.nfib.com/florida/nfib-in-my-state-content?cmsid=58522

The state-wide rate increase in Florida became effective January 1, 2012 based on the annual October 11th rate hearing and the initial request for increase by NCCI.

The Director of New Business Development of E-WorkersComp.net, an Independent Insurance Agency in Tampa, FL stated, “This year, Florida businesses will face a tough economy and a higher expense to employ due to higher Workers Compensation premiums mandated by the state. Our efforts to educate businesses help the consumer become better informed and better equipped to pay for insurance at a lower cost. Businesses that have access to more information about what they are paying for can make the best use of their dollar.”

The Director of New Business Development at E-WorkersComp.net further noted, “Florida consumers will be better equipped to avert higher Workers Compensation rates through employer advocacy, loss prevention programs, aggressive claims handling and for qualified employers’ rate to consent offsets. These, in many cases shall mean lower workers compensation premiums for the Florida employer and more money to the bottom line.”

The Director of New Business Development at E-WorkersComp.net is a part of the National Society of Agents for Consumer Education, an organization that provides resources to help employers buy insurance. http://www.e-workerscomp.net/florida/ is an online resource for Workers Compensation insurance information. E-WorkersComp.net is an independent insurance agency in Tampa, Florida.

E-WorkersComp.net
14350 Carlson Circle Suite J-6

Tampa, FL 33626

Written by Ben Kaylor

E-WorkersComp.net Increases Employers’ Focus on Safety

E-WorkersComp.net is increasing safety awareness in the workplace for employers’ with frequent losses.

Tampa, FL December 17, 2011

With the launch of http://www.e-workerscomp.net, a new resource is available for Employers’ with frequent Workers Compensation claims.

The Director of New Business Development at E-WorkersComp.net said, “A big part of insurance is managing claims and identifying where problems are coming from. By increasing safety awareness in the workplace insurance costs go down.”

Insurance carriers offer lower rates for companies that make a commitment to safety in the workplace. Workers’ Compensation rates are attributed to experience rating. Businesses with effective accident prevention programs identify where losses occur and train employees how to prevent them. Companies with safe work environments pay less for insurance.

“Small claims are a large factor in what creates a high experience rating, or what is commonly known as the Experience Modification. The frequency of small Work Comp claims can easily be reduced,” said The Director of New Business Development at E-WorkersComp.net, he recommended that employers take full advantage of safety training and prevention.

Workers’ Compensation insurance rates are determined by an experience rating or “X-Mod”. Employers’ with a high X-Mod have frequent losses and are at a higher risk to insure.

E-WorkersComp.net, http://www.e-workerscomp.net is actively building relationships with employers’ to increase focus on work safety.

E-WorkersComp.net
14350 Carlson Circle Suite J-6

Tampa, FL 33626

Written by Ben Kaylor

E-WorkersComp.net Has Created a Fast Solution to Workers Compensation Insurance Coverage

Clients have stated that they have never seen commercial insurance be this easy before. In most cases, businesses are able to receive a quote and obtain coverage the same day.

Tampa, FL November 29, 2011

With the launch of http://www.e-workerscomp.net there is now a fast way for businesses to get workers compensation insurance coverage. The insurance agency works directly with each individual to design plans and save businesses money.

The Director of New Business Development at E-WorkersComp.net stated, “Fast and Affordable coverage is what new businesses are looking for. In the vast majority of states, it is mandated that employers have and maintain Workers Compensation. New businesses often have trouble finding affordable coverage and have traditionally been underserved.”

E-WorkersComp.net features a state of the art computer rating system which quickly takes in details about the business then calculates available insurance rates. E-WorkersComp.net uses the calculations to deliver competitive coverage based on the businesses unique underwriting criteria.

The Director of New Business Development at E-WorkersComp.net noted “The Workers Compensation insurance sector is an excellent opportunity for us to assert our brand in the national industry and provide quality underwriting, affordability and speed of service to industries in need. It is an area where we have been able to deliver and where simply, our competitors cannot.”

E-WorkersComp.net, http://www.e-workerscomp.net, is actively building relationships with employers who need quality low cost Workers Comp for their business with A Rated programs and capacity in 46 States.

E-WorkersComp.net
14350 Carlson Circle Suite J-6

Tampa, FL 33626

Written by Ben Kaylor