2013 Security Industry Trends


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ID-10044544_300x300pxThe hardening of the workers compensation market presented many challenges to your industry this year.  Historically one of the largest costs faced by your industry, workers compensation is a constantly evolving issue which must receive dedication and focus.  Claims Process, safety training, current industry trends, experience modification factors, loss picks, claims reserving…. Well you get my point.

 

Many of you have sat in our seminars poised, interested….scared, eager to learn something that may help to contain overall costs. Why?  Ignorance of these issues or loss of focus may cost you your business.  Knowing both your direct costs and indirect costs of risk will affect how you bid and win contracts adding profit to your bottom line

 

In addition to  the “change” we have seen in the property and casualty market, we are now faced with a new challenge: The Affordable Care Act (ACA).  Suddenly the insurance people have become popular and I am witnessing a historic role reversal.  Our inbound phone traffic has gone through the roof.  Why is everyone calling? Easy, there is more confusion surrounding the Affordable Care Act than there is trying to decode IRS regulations! In keeping with our dedication to keep CALSAGA members abreast of topical industry information our Employee Benefits Department at Tolman & Wiker has prepared a white paper on the Affordable Care Act which you will find very timely. To download your copy, click here.

 

We wish you safe and successful operations.

Nick Langer, Risk Advisor

Shaun Kelley, Member

 

Learn more about how Tolman & Wiker helps our clients succeed by lowering their total cost of risk:

Workers Compensation Services & Resources  |  Loss Control Seminars  |  Healthcare Reform

 

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