Tag: loss projection

Workers Compensation Benchmark Loss Projections

Calculating a benchmark loss projection for workers compensation requires two key pieces of data:  loss costs and payroll, each broken down by state and class code.  While payroll amounts are typically available to companies from internal sources, loss cost information must be gathered externally. Currently, thirty-four states around the US engage NCCI as their advisory […]

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The Analytical Broker and Confidence Intervals

During the past few months, I have argued that becoming and being an "Analytical Broker" is key to continued success both as a producer and as an agency or brokerage firm. Here at SIGMA, we are committed to providing education and guidance to support your effort to improve your analytical capabilities. In this blog, I […]

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