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

Court Ruling Strikes Down Workers’ Compensation Law in AL

by Valent Group | May 15, 2017 | Business Insurance, Uncategorized

This week Jefferson County Circuit Court Judge Pat Ballard issued a ruling in the case of Nora Clower vs. CVS Caremark. The original suit, filed in November 2013, sought to claim workers’ compensation benefits for Ms. Clower after she injured her back at work. The...

Four Steps Toward Better Cyber Risk Managment

by Valent Group | May 15, 2017 | Business Insurance, Cyber, Risk Management

If your company stores data and information digitally, you should have a cyber risk management program that addresses prevention, disclosure, crisis management and insurance coverage in the event of a data breach. Good cyber risk management requires the planning and...

5 Areas Where Directors and Officers May Be Left Exposed

by Valent Group | Apr 24, 2017 | Business Insurance, Uncategorized

5 Common Sources of D&O Liability In today’s business climate of corporate transparency and accountability, an organization’s officers and directors face a myriad of employment-related exposures. Regardless of your company’s size or mission, the legal costs...