Category: Workers Compensation Insurance


Understanding X Mod Insurance

When employees are injured at their workplace, business owners must pay Workers’ Compensation or risk being sued. The payments that business owners make qualify as X Mod insurance. How To Interpret the X Mod Factor X Mod is a shortened form of experience modification and refers to how the comparative safety of a workplace affects…

workers compensation programs

Types of Workers’ Compensation Programs

Whether you’re an entrepreneur just starting out or a long-established company with offices across the nation, you have several options for workers compensation programs. One of them is a guaranteed cost plan, which offers fixed-rate premiums for the employer despite a company’s actual loss experience. Here are a few more to consider. Self-Insured A business…