This video explores effective communication within wrap-up insurance programs (OCIP/CCIP’s).
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If we assume that a subcontractor is part of a CCIP, and he reduces the cost of his proposal by the amount that he thinks the WC and GL insurance...
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Incurred Losses The incurred amount, in reference to claims associated with an OCIP/CCIP, represent the amount expected to be paid in order to close a claim. The incurred amount is…
Once a quarter, CRS seeks out a volunteer opportunity with an existing organization. We spend half a day learning about and participating in a local cause. This quarter, we are…
How to Maximize Potential Savings On Your OCIP/CCIP Today, more than ever, the budgeting process has become essential to the success of construction projects. Lenders are intensifying their underwriting criteria,…
The New York Compensation Insurance Rating Board recently announced another annual increase in the payroll limitation cap. For policies with an effective date on and after July 1, 2012, the payroll…
The National Council on Compensation Insurance or NCCI is implementing a change to the way experience mods (EMR) for worker's compensation are calculated. Before we get into the change, here...
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What is the best method for extracting insurance costs from OCIP/CCIP enrolled contractors? Click here to vote.
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ALAE (Allocated Loss Adjustment Expense) Allocated Loss Adjustment Expense (ALAE) represent expenses directly attributable to settling and defending specific claims. These expenses include salaries of adjusters, legal fees, court costs,…
Yoshi and Adrew Sorting Soap The Team Michelle and Rebecca Sorting Soap Lots of Soap 1 1 On May 25th, CR Solutions decided to...
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