Search
 
Commentary

Are Negligent Third Parties Increasing Your Client’s Experience Mod?

Accidents caused by negligent third parties are some of the most difficult to prevent and they can be traumatic for the injured employee and the business. Failing to follow up on subrogation claims will only compound problems.There are special rules to deal with revising mods impacted by subrogation. ...

By Kevin Ring | Updated on October 29, 2012

Albert was driving to pick up the office mail from the post office when another driver ran a red light and smashed into the driver side door. Albert was transported to the hospital and spent several days there recovering from his injuries. 

Workers’ compensation paid for Albert’s medical treatment and his time away from work, costing the insurance company well over $100,000 and ultimately increasing Albert’s employers experience mod. Did it have to be that way? Did the disaster that Albert suffered also have to wind up hitting his employer in the wallet? Maybe not. 

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.