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

DOT Changes Affecting CDL Drivers and Carriers During COVID-19

by Valent Group | Apr 2, 2020 | Risk Management, Safety

COVID-19 Related Waivers, Information The Federal Motor Carrier Safety Administration (FMCSA) operates under the DOT. In response to the COVID–19 Emergency, the FMCSA has posted information, declarations and resources of importance to your business. FMCSA Coronavirus...

Hacks and Attacks on Rise – Cyber Risk During COVID-19

by Valent Group | Apr 1, 2020 | Cyber, Risk Management, Safety

Given current events, we want to keep you informed about how the COVID-19 Coronavirus pandemic has impacted businesses from a cyber perspective. Since the start of the new year, cyber criminals have registered over 4,000 domain names containing the phrases “Corona”...

CARES Act: Initial Summary of Newly Approved Stimulus Package

by Valent Group | Mar 27, 2020 | Employee Benefits, Human Resources, Risk Management

Updated Monday 3/30/2020 3:07pm CST On Friday afternoon, President Trump signed the third stimulus package into law - Coronavirus Aid, Relief, and Economic Security (CARES) Act. The law provides relief of over $2 trillion in federal funding to businesses as well as...