Insurance Learning Center

Finding your first employee is a very special experience in the life of an entrepreneur. If you're starting 2017 off with new employees, congratulations.

For the 9.5% affordability test, use the Box 1 total on the individual’s W-2, but does that Box 1 include FSA contributions made by the employee?

The process of calculating the experience modification factor is complex, but the underlying theory and purpose of the formula is straightforward.

With the impending hurricane season upon us, get a better understanding of how to protect your business, community, and people in case of a natural disaster.

Your workers’ compensation insurance premium is based on payroll, averages for your industry and claims experienced over a three-year period.

A mod factor greater than 1.0 is a debit mod, which means that your losses are worse than expected and a surcharge will be added to your premium.

Workers’ compensation is designed to recompense employees for injuries/illnesses they suffer while on the job. More claims drive up workers’ compensation costs.

A person is not eligible for a subsidy if they are eligible for coverage through an employer and this meets the coverage and affordability requirements.

A mod factor greater than 1.0 is a debit mod, which means that your losses are worse than expected and a surcharge will be added to your premium.

What if something went wrong in your business? Do you know what needs to happen in case of an emergency? You need to ask yourself this as a business owner.