Georgia

Thursday, May 13 2010 - , , , , , - 0 comments

RLD Associates has expanded their premium audit services to GA. Go to www.rldassociates.com/insurance_field_services_territory/ to view the entire coverage area.

Expansion and Opportunity

Tuesday, January 05 2010 - , - 0 comments

Due to our growth we are currently (1/5/10) looking for experienced auditors in the western area of North Carolina and Georgia. Please view our ad on careerbuilder.com by running a keyword search for "RLD Associates." From there you may apply for either of these positions. If you have the qualities we are looking for, we will contact you. Once these positions expire you may continue to apply through the application form on our website: http://www.rldassociates.com/careers .

PCRB Test Audit Success

Tuesday, September 01 2009 - , , , , - 0 comments

RLD Associates has received excellent news regarding the PCRB test audit program. If you currently participate in the program, or are interested in doing business in PA but are concerned about the test audit program, please see our latest newsletter. The article can be found by clicking on this link: PCRB Test Audit Success .

Pick Up All Payments

Friday, June 19 2009 - , , - 0 comments

In a recent report from the New York Times (full article here www.nytimes.com/2009/06/18/nyregion/18hardhat.html ) 3 illegal aliens were paid $3.85 million for injuries on the jobsite. Courts are not only awarding settlements to illegals, but awarding large sums. Premium auditors should take note and be sure to investigate records thoroughly, and ask pointed questions when performing an audit to make sure all labor is picked up. This is part of the intensive RLD Associates training program....

Stop Work Orders and Misrepresentation of Employees

Friday, June 12 2009 - , , - 0 comments

When performing a premium audit one of the hardest things for an auditor to do is distinguish between independent contractors and subcontractors performing work for an insured. Besides legality, auditors may fell intimidated by forceful individuals that want their contracted labor left off the audit for premium purposes. In a step that may have a direct affect on these audits, the NJ legislation has passed a bill giving the director of the Division of Workers' Compensation power over certain contractors. The bill states that the director has the ability to issue stop work orders against contractors...

Temporary Furniture Store Wholesale

Friday, June 05 2009 - , , - 0 comments

The DCRB has added a new classification to their manual: 871 Employment Contractor – TEMPORARY FURNITURE STORE – WHOLESALE. This code will be applicable to temporary staff that is provided to customers with the classification 921.

Search Form To Aide Premium Auditors: Subcontractors

Friday, May 22 2009 - , , , - 0 comments

The Pennsylvania Department of Labor and Industry has created a search form within their website that can aide premium auditors when auditing a risk with subcontractors. The search is a policy coverage search . The user (or in this case the premium auditor) enters the name of the company in question, and the results will show the workers compensation policies for that particular company including the policy number, insurance carrier, effective dates and cancelations. Their website states that the information is pulled from databases maintained by the PCRB....

Delaware Code 815 becomes All Inclusive

Friday, May 01 2009 - , , - 0 comments

Anyone performing a premium audit on an auto repair shop understands the difficulty of classifying clerical employees. While there are disagreements regarding counter personell, pretty much everyone involved would consider it fair to classify a "true" clerical employee as 953. The DCRB has announced in a recent circular that due to "problematic issues" and "systematic misclassifications" that DE 815 will be all inclusive. This will certainly make life easier for the premium auditor. However will this punish a business for hiring a clerical employee that works in an...

Laptop in Car becomes Deadly Missile

Friday, April 24 2009 - , - 0 comments

Field auditors beware, and remember to secure your laptop. In the industry, we are technologically advanced, and we make sure to carry our laptops with us on our premium audits. In March, the Royal Canadian Police report that a lady was driving with a laptop in the back of her car. When she suddenly stopped, the laptop turned into a projectile, hitting her in the head, and killing her. While this type of case seems to be rare, I know the next time I'm on a premium audit, I'll think twice about where I put my laptop.

Roofer’s Premium Nonpayment Unnecessary

Monday, March 30 2009 - , , , - 0 comments

An owner of a roofing company was charged with multiple counts regarding not paying workers compensation premiums. In order to mislead his insurance carrier he misclassified his employees by reporting them as carpenters rather than roofers, and filed false tax returns. Experts estimate over the course of five years the roofing company avoided paying approximately $119,000. He is scheduled to be arraigned on April 29th, 2009. Don't allow this to happen to you. Be sure to hire a professional, detailed service company for your premium audits that understands how to ask thorough questions, review records...

Pennsylvania Compensation Rating Bureau / Test Audit Program

Tuesday, September 30 2008 - , , , - 0 comments

Are you experiencing: • An increase in test audit errors from the PCRB? • A gradual increase in your test audit error ratio? • Is the increase applicable regardless of the number of rebuttals you file? • Your selected audits being cited as incompatible on a more frequent basis? You are not alone. In 2007, the test audit average error ratio has continued to increase. While we cannot be certain of the reason, the fact remains that errors and incompatible rebuttal responses are on the rise. RLD Associates Inc. has made a positive major impact on reducing our customer’s error...

Generating Additional Premium

Tuesday, September 30 2008 - , , , , - 0 comments

During this soft market many insurance carriers are searching for ways to increase underwriting profit while reducing expenses. This is most challenging to smaller mutual companies. Here at RLD we have been conducting telephone audits for many carriers since 1989 and the results have been impressive. A majority of the risks we audit are workers’ compensation and general liability based exposures. We obtain accurate and up to date gross sales and payroll information which in turn leads to additional premium generated on expired policies. In addition, current policies can be amended to reflect...

Workers Compensation Audit

Monday, September 29 2008 - , - 2 comments

Introduction: Workers Compensation Insurance is a necessary evil, trumped only by the associated annual audit. Since States require all businesses to have insurance for employees, they also set WC standards and prices, which is important to remember when blaming the Insurance Company for the high prices. There is no way to avoid an audit, so it is far better to be well prepared and informed than slightly complacent in the hands of a well trained auditor. The Auditors: Certain insurance companies employ their own auditors, in which case you will be dealing directly with the Insurance Carrier. Others...