Overview — PRS High Hazard/High Mod Workers' Compensation
Pride Risk Solutions, Inc. offers the PRS High Hazard/High Mod Workers' Compensation program for agents who need a reliable, specialty market for difficult-to-place workers’ comp accounts. As a program administrator with access to admitted capacity (Lion Insurance Company and State National Insurance Company in CA, NY & KY), Pride Risk focuses on higher-risk classes and employers with elevated experience modifiers or past coverage gaps.
Ideal Accounts and Target Classes
This program is built for insureds who struggle to find affordable, admitted coverage in traditional markets. Typical classes include:
- Manufacturing
- HVAC / Sheet Metal
- Masonry
- Landscaping
- Electrical, Plumbing, Painting
- Food Processing, Bakeries, Hospitality
- Warehouse operations and cold storage
- Trucking / Transportation
- Retail / Wholesale and Property Management
- Janitorial / Residential cleaning
- Staffing (excluded in NY)
- Seasonal operations (advised upfront)
- Heavy construction — NY artisan construction only (request acceptable codes)
Who this program helps
- Accounts with experience modifiers over 1.00
- Employers with prior cancellations, non-renewals, or gaps in coverage
- Businesses with large prior losses or poor claims history that need structured loss control
- Prospects with few placement options outside of a State Insurance Fund
You might have a client with a 1.25 X-mod in manufacturing who has been quoted only by the state fund — Pride Risk can provide an alternate admitted solution. Or you may represent a warehouse operation with a history of large claims that needs a partner focused on loss control and predictable cash flow.
Coverage Highlights and Program Advantages
- Access to admitted carriers where available; non-admitted placements considered as appropriate
- Underwriting tailored to high-mod, high-hazard classes with strong loss-control emphasis
- Faster initial non-binding indications (1–2 business days) and structured approval timelines (3–7 business days)
- Simplified binding requirements to accelerate placement once approved
Appetite and Common Exclusions
Typical exclusions and restrictions include:
- Towing
- USL&H exposure
- Hazardous materials handling
- Accounts with greater than 25% use of part-time labor
Underwriting Notes — What we need for a complete submission
To obtain a competitive quote through one of Pride Risk’s appointed Managing General Agents (MBAs), provide the following documentation:
- ACORD 130
- Complete description of operations
- Five years of fully valued loss runs
- Screenshot or copy of the experience modifier (X-Mod)
- Industry-specific supplemental application
- Target premium
Typical underwriting indicators that improve placement odds include clear loss-control programs, detailed operations descriptions, and credible plans to reduce frequency and severity.
Rate Quotes, Approvals and Binding
- Non-binding rate indications: 1–2 business days
- Underwriting approvals: typically 3–7 business days
Required to bind: Signed ACORD 130, signed request to bind including signed proposal and signed supplemental. A $1,000 policy fee and a no-loss letter (if applicable) may also be required. Minimum premium varies by state and industry.
Territories and Carriers
Territories available: AL, AZ, CA, CO, FL, GA, IL, KY, LA, MD, MS, NV, NJ, NM, NY, NC, OK, PA, SC, TN, TX, VA and DC. Pride Risk places business with Lion Insurance Company and State National Insurance Company (for CA, NY & KY) where appropriate.
Admitted capacity is available in many states; consult Pride Risk or its appointed MBA for state-specific admitted/non-admitted options.
Why work with Pride Risk Solutions, Inc.?
- Program administrator experienced in placing high-mod, high-hazard workers’ comp risks.
- Partnership-focused approach: underwriting and loss control work together to manage severity and improve renewals.
- Faster indications and a streamlined binding process for time-sensitive renewals or cancellations.
- Support for larger wholesalers, MGAs/MGUs — appointment opportunities available for partners who meet performance expectations.
Contact Pride Risk today if you want access to this program through one of its appointed MBAs. If you are a large wholesaler, MGA, or MGU and can meet performance expectations, inquire about becoming appointed.
Frequently Asked Questions
What types of accounts are a good fit for the PRS High Hazard/High Mod program?
Accounts in manufacturing, HVAC/sheet metal, masonry, landscaping, food processing, warehouse/cold storage, transportation, and similar high-hazard classes are a strong fit — especially those with X-mods over 1.00, prior cancellations, or limited market options.
What documentation is required for a complete submission?
Provide a completed ACORD 130, a full description of operations, five years of fully valued loss runs, a copy or screenshot of the experience mod, any industry-specific supplemental, and the target premium.
How quickly can I expect a rate indication or an approval?
Non-binding rate indications are typically available in 1–2 business days. Underwriting approvals generally take 3–7 business days, depending on class and documentation completeness.
Are there states or classes the program will not consider?
The program excludes towing, USL&H exposure, hazardous materials handling, and accounts with greater than 25% part-time labor. Availability varies by state; consult Pride Risk for state-specific limitations.
Need help placing an account? Connect with a market specialist.