This week we are sharing a blog written by our friend Frank Pennachio, Co-Founder at Oceanus Partners formerly The WorkComp Advisory Group. Frank is an expert on Workers’ Comp and has partnered with FBinsure on many occasions in the past.
It is becoming increasingly common that contractors are prohibited from bidding on jobs if their workers’
compensation Experience Modification Factor (Experience Mod) is greater than 1.00. The Experience Mod has become
a common metric to determine if the contractor runs a safe operation. Thus, it is critical that contractors know how to
manage and reduce