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2017 FAIA July Webinar

Home  |  2017 FAIA July Webinar

Oceanus Partners

First Fridays with Frank: Webinars for FAIA Members

The History and Purpose of WorkComp Experience Rating, and How the Elimination of the ‘Anniversary Rating Date’ Will Affect Agents and Employers

Presented By Frank Pennachio, Partner | Oceanus Partners
Previously Recorded Friday, July 7th
CE's are no longer available for this webinar
The cost is $24.00.

Click Here to View this Webinar

Please Note: Once you submit payment; you will automatically be brought to the webinar on-demand link. If you cannot watch immediately, please do not close the window or you may copy link and save in a place you can return to later to watch. If you need assistance, please contact Shannon Amick at shannon@oceanuspartners.com

About This Webinar:

The Anniversary Rating Date Rule was established in 1923, which was about the time of the development of the workers’ compensation system. The Anniversary Rating Date, as defined by NCCI, is “the effective month and day of the policy in effect, and each anniversary thereafter, unless a different date has been established by NCCI or another licensed rating organization”

NCCI has decided to eliminate this rule, effective May 1, 2017, which will affect workers’ compensation policyholders, and agents.

In this webinar, participants will learn:
• Historical review of the Experience Rating Plan;
• Understanding the ARD, and the effect of its elimination;
• Understanding the Rating Effective Date (RED), and how it will affect employers;
• How the elimination of the ARD will have a different effect in an Administered Rating State, like Florida.

Click Here to View this Webinar

Please Note: Once you submit payment; you will automatically be brought to the webinar on-demand link. If you cannot watch immediately, please do not close the window or you may copy link and save in a place you can return to later to watch. If you need assistance, please contact shannon@oceanuspartners.com