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You Have Workers’ Comp Questions We Have Answers

Author DMalloy , 11/20/2017
For 20 years, PMC has not only designed creative solutions for all size accounts but repeatedly out-executed the competition. Our unique network allows us to write Aviation to USL&H risks and find solutions for those last minute opportunities! Our broad range of class codes and strong carrier relationships helps you to increase new business and retain your existing accounts. 

Andy Shaw - Vice President

Author DavidMalloy , 6/20/2012
PMC Insurance GroupWe have a great staff here at PMC Insurance Group and if it wasn’t for them we wouldn’t be where we are today. So we figured we would give them a taste of the lime light. This also gives you a chance to know more about our team here at PMC Insurance.
Today we would like to introduce to you Andy Shaw. Andy joined PMC in 2006 and is now our Vice President. Andy graduated from Keene State College. He has over 15 years of property & casualty insurance experience. He has also held various management positions with AIG, Royal Sun & Alliance and EBI Companies in Loss Control, Operations and Underwriting. PMC in 2006, Andy was the Boston Underwriting Manager for AIG Specialty Workers’ Compensation division where he was responsible for the underwriting and marketing for New England. Subsequently he relocated to AIG’s home office in Parsippany, NJ as the Vice President of Marketing & Policyholder Services with responsibilities for marketing, loss control and claims services on a national level.

To find out more about Andy or any of our representatives please visit the Our Team page on our blog. While you are there feel free to take a look at what we have to offer on our Worker Compensation page as well as our Special Services page and subscribe to our blog.

Andy Shaw - Vice President

Author DavidMalloy , 6/15/2012

PMC Insurance GroupWe have a great staff here at PMC Insurance Group and if it wasn’t for them we wouldn’t be where we are today. So we figured we would give them a taste of the lime light. This also gives you a chance to know more about our team here at PMC Insurance.

Today we would like to introduce to you Andy Shaw. Andy joined PMC in 2006 and is now our Vice President. Andy graduated from Keene State College. He has over 15 years of property & casualty insurance experience. He has also held various management positions with AIG, Royal Sun & Alliance and EBI Companies in Loss Control, Operations and Underwriting. PMC in 2006, Andy was the Boston Underwriting Manager for AIG Specialty Workers’ Compensation division where he was responsible for the underwriting and marketing for New England. Subsequently he relocated to AIG’s home office in Parsippany, NJ as the Vice President of Marketing & Policyholder Services with responsibilities for marketing, loss control and claims services on a national level.

To find out more about Andy or any of our representatives please visit the Our Team page on our blog. While you are there feel free to take a look at what we have to offer on ourWorker Compensation page as well as our Special Services page and subscribe to our blog.


Ask the Workers' Comp Expert: Internal Investigations Can Reduce Claims, Costs

Author DavidMalloy , 6/4/2012
Ask the Workers' Comp Expert: Internal Investigations Can Reduce Claims, Costs
by Robert G. Jones, Vice President, PMC Insurance Group

Recent "Ask the Expert" columns addressed certain aspects of return-to-work programs. Today, we address strengths and flaws within a workers’ compensation program focusing on reducing the number of claims and overall cost.

The number of lost time claims is a key metric and should be reviewed at least annually. If this number exceeds 25 percent of total claims, further investigation is recommended. Another important metric is the number of claims that are litigated. If this number exceeds 20 percent of all claims, a comprehensive internal investigation is necessary. Business owners experiencing significant numbers of lost time and/or litigated claims need to examine the root cause(s) driving these adverse claims results.

The business owner should review the following as a part of an internal investigation:
  • Is the hiring process effective in screening prospective employees? Background checks and drug testing at minimum. 
  • Are supervisors trained and accountable to build high performing teams that integrate workplace safety into job duties? Personal responsibility and employee morale are key components. 
  • How quickly are workers’ compensation claims reported to the insurance company? Within 24 hours is the goal. 
  • Are accidents and incidents investigated with findings documented and acted upon? How the business owner responds is an important component of organizational culture. 
  • Is communication with injured employees consistent and supportive? The goal being an early and successful return to work. 
  • Are wellness programs integrated into work activity? Tracking and communicating results reinforces the business owner’s commitment to a safe and healthy work environment. 

PMC Insurance Group’s only business is workers’ compensation. Our insurance professionals have extensive experience helping IIABNY members expand their marketing capabilities by providing workers’ compensation solutions for their clients, including offering guidelines to help business owners reduce the number of claims and overall cost.

New Workers' Compensation needlestick reimbursement program (available now)

Author DavidMalloy , 4/4/2012

PMC Insurance GroupThe Hartford's new Workers' Compensation needlestick reimbursement program NOW includes: Reimbursement for the initial cost of testing the patient for blood- borne diseases in addition to the employee Not all Workers' Compensation insurance reimburses for patient testing, which saves insureds costs and gives affected employees peace of mind

 

To ensure the safety of your workplace, Contact PMC Insurance Group today!!!

 

Call us today and put our expertise to work for you!

PMC Insurance Group (P) 877-PMC-COMP (P) 781-449-7744 (F) 781-449-7889
www.pmcinsurance.com info@pmcinsurance.com

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MA Workers Comp Rates Could Increase By 19.3 Percent

Author DavidMalloy , 4/2/2012
PMC Insurance Group The cost of employee compensation insurance for Massachusetts employers could rise dramatically later this year if rates proposed by insurers are approved by state regulators.

The Workers’ Compensation Rating and Inspection Bureau of Massachusetts, which represents companies that write workers’ compensation polices, asked the state to approve an average rate increase of 19.3 percent. Most businesses are required to carry workers’ compensation insurance, which covers the medical treatment, rehabilitation, and lost wages of employees injured on the job.

If approved, the rates would go into effect in September.

The substantial increase is necessary, the bureau said, because the cost of claims continues to rise, but the state has denied smaller requests in three of the past four years. The Division of Insurance rejected proposed increases of 2.3 percent increase in 2008, 4.5 percent increase in 2010, and a 6.6 percent increase in 2011.

“If these three small increases in rates had been granted by the Commonwealth,’’ said Paul Meagher, president of the Workers’ Compensation Rating and Inspection Bureau of Massachusetts, “we would not need such a significant rate increase now.’’

Richard C. Lord, president of Associated Industries of Massachusetts, the state’s largest employers’ group, said yesterday in a blog post that the rate request deserves consideration. He said he is concerned that without an increase, fewer companies will offer the insurance, making it harder for businesses to buy policies.

“Private-market coverage is harder to come by because the economics of workers compensation no longer add up for insurers,’’ Lord wrote. “The growing disconnect between costs and premiums has already prompted several insurance companies to scale back their activity in Massachusetts.’’

Massachusetts once had some of the highest worker compensation costs in the country, but following reforms in 1991, those costs have declined steadily, falling by two-thirds over the past 20 years. If a premium cost $100 in 1991, the current rate would be $33.21. If the new rate request is approved, that premium would rise to $39.62, according to the Workers’ Compensation Rating and Inspection Bureau of Massachusetts.

The bureau said insurers need the increase to cover the rising costs of health care and wage replacement, driven by higher salaries and the longer leaves that claimants are taking. The number of claims has declined, but not fast enough to offset the increases in medical and wage replacement costs, the bureau said.

“While we recognize that the current filing calls for a significant rate increase, it reflects the real costs of providing this kind of insurance,’’ said Meagher. “Without a rate increase, we will be unable to maintain a competitive market for workers’ compensation insurance in Massachusetts.’’

The proposed rates will be examined in hearings held by Joseph G. Murphy, the state insurance commissioner. Murphy said yesterday that his office intends to “take a long, hard look at the process. This is a large increase, and this administration is particularly sensitive to the cost of doing business in the state.’’

Murphy said he expects to schedule a public hearing by the end of March.  

This article is courtesy of programbusiness.com, Source- Boston Globe dated mar 2, 2012  
  

Call us today and put our expertise to work for you!

PMC Insurance Group (P) 877-PMC-COMP (P) 781-449-7744 (F) 781-449-7889
www.pmcinsurance.com info@pmcinsurance.com

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Tyson Foods Settles EEOC Disability Discrimination Lawsuit

Author DavidMalloy , 3/30/2012
PMC Insurance GroupSt Louis, MO – Tyson Foods, Inc., one of the world’s largest processors of chicken, beef and pork, will pay $35,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced today.

The EEOC had charged that Tyson Foods refused to hire a former employee because he had epilepsy.   The EEOC lawsuit filed in May 2010 (EEOC v. Tyson Foods, Inc., Case No. 2:10-cv-04072-NKL) alleged that Tyson failed to hire Mark White for an open maintenance job in its Sedalia, Mo., plant because he had epilepsy and that Tyson’s refusal to hire White violated the Americans with Disabilities Act (ADA). White’s epilepsy had been controlled by medication for twelve years and he had been previously employed by Tyson on two occasions during this time period. However, Tyson instituted a new medical assessment procedure since last hiring White, and refused to hire him because he did not pass a medical evaluation required for applicants with epilepsy to determine whether he could safely perform the job. The doctor who performed the evaluation for Tyson did not examine White, but relied on outdated medical research in determining that he could not safely perform the job. At the same time, Tyson employed several other persons with epilepsy who had been grandfathered in.

Besides agreeing to pay White $35,000 as back pay and compensatory damages, Tyson agreed to institute a new assessment procedure for similar cases. Henceforth, an applicant who is disqualified from employment because of Tyson’s required medical assessment has the right to a second medical assessment at the applicant’s expense. Further, an independent and determinative third medical assessment will be made for any applicant not hired after the second assessment. The consent decree settling the suit, which must be approved by U.S. District Judge Nanette Laughrey, also provides for injunctive relief, including training to individuals involved in the assessment procedure, posting notification to employees, and compliance reporting to the EEOC.

“The potentially three-step medical assessment process agreed to by the parties is an extraordinary step in the right direction in terms of making sure disabled employees are given a full and fair opportunity to compete in the workplace,” said EEOC attorney Melvin Kennedy.

EEOC Regional Attorney Barbara Seely said, “While the terms of the consent decree only affect Tyson’s Sedalia facility, Tyson employs more than 117,000 people at more than 400 facilities and offices, and we are hopeful that the process we have agreed to works well enough that Tyson adopts it in other facilities.”

PMC Insurance Group offers various forms of Workers Compensation Insurance, please contact an insurance agent today!  

Call us today and put our expertise to work for you!

PMC Insurance Group (P) 877-PMC-COMP (P) 781-449-7744 (F) 781-449-7889
www.pmcinsurance.com info@pmcinsurance.com

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To contact us, and for more information, please visit our CompleteMarkets storefront.

This article is courtesy of WorkersCompensation.com

NY Lawmakers To Consider Raising Minimum Wage To 8.50 An Hour

Author DavidMalloy , 3/28/2012
PMC Insurance Group NEW YORK – Hundreds of thousands of workers making minimum wage in New York could soon be getting a big raise.
Minimum wage workers haven’t seen a pay increase in three years. That could soon change, since State Assembly Speaker Sheldon Silver reportedly plans to introduce a bill today, raising the state’s minimum wage from $7.25 an hour to $8.50. That’s a 17 percent increase. The bill would also require the rate to be adjusted annually for inflation. Nationwide, 18 states already have a higher minimum wage rate. Earlier this month, Silver spoke about the need to bring New York up to par. He said the current minimum wage is unrealistically low. “It’s absurd to expect anyone, let alone a working family, to afford the cost of living today,” he said. It’s an issue both Governor Andrew Cuomo and Mayor Michael Bloomberg have championed recently. “The cost of living in New York City, like nearly everywhere else, has gone up,” Bloomberg said during his annual State of the City address. “And not just housing, but food, transit and all the key parts of a family’s budget. But there’s one thing that, in all fairness, hasn’t gone up: The ability of those at the bottom of the economic ladder to pay for those essential needs.”  

To keep a hold of your finances, contact your local insurance agent today!
This article courtesy of CBSNewYork  

Call us today and put our expertise to work for you!

PMC Insurance Group (P) 877-PMC-COMP (P) 781-449-7744 (F) 781-449-7889
www.pmcinsurance.com info@pmcinsurance.com

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To contact us, and for more information, please visit our CompleteMarkets storefront.


See What Our Satisfied Customers Had To Say About PMC Insurance Group

Author DavidMalloy , 3/26/2012

PMC Insurance Group

We pride ourselves on what our satisfied clients have to say

“I called PMC to see if they had a market for a large contractor and if they could turn it around in a couple of days. I had previously sent the account to one of my other markets and they kept putting me off. Then, at the last minute told me they didn’t have enough time to offer a quote. This seemed to be an excuse they were using not to write the account or assist our agency. Totally frustrated, I sent a submission to PMC. Because of their knowledge and relationship with the same carrier, they were able to get me a quote in 2 days and I closed the deal. They have a history with our agency of getting the job done when we really need it.” -Mary A. Arola, 

Alper Services LLC, Chicago, IL

   

“I am very impressed with the level of service PMC provides my staff here at Charles River Insurance Brokerage, Inc. Their expediting of accounts has been noticed by me and my staff, but most importantly our clients! I hope they keep up the good work and we look forward to working with them more.” - Gerry Kennedy, Charles River Insurance Brokerage, Framingham, MA  

Call us today and put our expertise to work for you!

PMC Insurance Group (P) 877-PMC-COMP (P) 781-449-7744 (F) 781-449-7889
www.pmcinsurance.com info@pmcinsurance.com

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To contact us, and for more information, please visit our CompleteMarkets storefront.

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