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...

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...