Audit

P&C Services

A large premium adjustment due to an insurance policy audit can be an unwelcome surprise, especially if there is confusion around the accuracy of the figures.

As your advocate, it’s our job to fight for you.

We pay close attention to shortfalls in workers compensation audits, including worker classification, payrolls, experience modifier worksheets, credits and debits. We navigate you through the rating basis — the what, why and how. Between the wide variety of figures and formulas to manage, human error can happen, so we’re here to address those issues.

We help verify, challenge and analyze the insurer audits. And we will walk you through this process.

The bottom line is, all parties — insured, broker and carrier — all want accuracy around exposure and the associated rates and premiums.

FROM THE BLOG

Business Insurance Insights

COVID-19 Variants Beginning to Spread

by Valent Group | Feb 2, 2021 | Risk Management, Safety, Wellness

There are three new variants of SARS-CoV-2, the virus that causes COVID-19, creating concern. Not only are these variants different from the original virus, but they are different from one another. Early research indicates: Some evidence suggests two variants spread...

Last Fiscal Year’s Most Frequently Cited OSHA Standards

by Valent Group | Jan 26, 2021 | Risk Management, Safety

Every year OSHA publishes a list of the most frequently cited standards. This list helps businesses improve their safety efforts in these named areas if their employees face the recognized hazards. By making safety improvements in the most frequently cited areas of...

OSHA Trade Release Regarding Penalty Increases

by Valent Group | Jan 15, 2021 | Risk Management, Safety

On January 13, 2021, OSHA announced increases in civil penalty amounts that become effective January 15, 2021. This increase is required under the Congressional Federal Civil Penalties Inflation Adjustment Act. State Occupational Safety and Health Plans, such as IN,...