Sometimes You Just Have to Laugh A FEW SIGNS THAT THE PREMIUM AUDITOR IN YOUR OFFICE IS NUTS!
• In several places on the audit he or she has written, “Give or take a million dollars.”
• You notice that his or her calculator is just a broken VCR remote.
• Insists that there is no such number as four.
• Counts the family of squirrels living in your equipment yard as miscellaneous employees.
• He’s got the Scopes Manual tattooed on his……………
Professional Employer Organizations (PEOs), formerly known as employee leasing firms, are more prevalent in today’s marketplace. Rising costs of healthcare, the confusing and ever-changing tax laws, and the ability to offer 401K plans to employees are a few of the reasons for their increased popularity. For insurance auditors, this poses new complexities when auditing. First, it is important to know what is a PEO. PEOs are a co-employer of a business sharing the responsibilit
Auditing contractors who have hired or rented mobile equipment with operators can often be a confusing prospect. Hopefully when encountering this exposure, the following information will be useful for auditing general liability and workers compensation contractor’s policies with this exposure.
General Liability – Included if “Insured” or “Uninsured” – If Premium Base Is Payroll
Mobile equipment rented from others with operators – are not considered subcontractors if in
The first news of Osama bin Laden’s death, the Egyptian revolt, Justin Bieber’s latest hairstyle – what do these have in common? All of these items—be they breaking news or banalities—were disseminated via Twitter, many before any reporter had the chance. According to a recent PEW study, the number of adult Twitter users has quadrupled since 2010, making it an increasingly vital way to connect and share with colleagues. In the article “Collective Intelligence: How Social Medi