Agent News

June 2014

Class Codes

Focusing on markets that Accident Fund knows the best helps your agency achieve profitability. Make sure you know which class codes are on top.

Arkansas

  • 9060 Club-Country, Golf, Fishing or Yacht-& Clerical
  • 3574 Computing, Recording or Office Machine Mfg NOC
  • 5183 Plumbing NOC & Drivers
  • 8017 Store: Retail NOC

Georgia

  • 9052 Hotel: All Other Employees & Salespersons, Drivers
  • 8869 Professional Employees: School or College
  • 9082 Restaurant NOC
  • 8864 Social Services Organization – All Employees & Salespersons

Illinois

  • 9082 Restaurant NOC
  • 3114 Tool Mfg-Drop or Machine Forged-NOC: Machining or Finishing of Tools or Die Making Operations

Indiana

  • 8601 Architect or Engineer-Consulting
  • 4062 Pottery Mfg: Porcelain Ware-Mechanical Press Forming

Iowa

  • 9403 Garbage, Ashes or Refuse Collection & Drivers
  • 9052 Hotel: All Other Employees & Salespersons, Drivers
  • 8107 Machinery Dealer NOC-Store or Yard-& Drivers
  • 4484 Plastics Manufacturing: Molded Products NOC
  • 8044 Store: Furniture & Drivers

Kansas

  • 9016 Amusement Park or Exhibition Operation and Drivers
  • 8391 Automobile Repair Shop & Parts Dept Employees, Drivers
  • 8832 Physician & Clerical
  • 9016 Skating Rink Operation & Drivers
  • 9016 Skating Rink Operation & Drivers

Maryland

  • 8603 Architectural or Engineering Firm–Clerical
  • 9082 Restaurant NOC
  • 3365 Welding or Cutting NOC & Drivers

Michigan

  • 9053 Adult Foster Care Home
  • 5221 Concrete or Cement Work-Floors, Driveways, Yards or Sidewalks
  • 5215 Concrete Work-Incidental to The Construction of Private Residence
  • 5550 Heating and Air Cond Sys – Commercial
  • 9058 Hotel: Restaurant Employees
  • 5022 Masonry NOC

Minnesota

  • 9060 Club-Country, Golf, Fishing or Yacht-& Clerical
  • 9052 Hotel: All Other Employees & Salespersons, Drivers
  • 9058 Hotel: Restaurant Employees
  • 3066 Sheet Metal Work-Shop
  • 8864 Social Services Organization – All Employees & Salespersons

Missouri

  • 6217 Excavation & Drivers
  • 5462 Glazier-Away From Shop & Drivers
  • 5022 Masonry NOC
  • 9102 Park NOC-All Employees & Drivers
  • 7231 Trucking: Mail, Parcel or Package Delivery-All Employees & Drivers

Nebraska

  • 9084 Bar, Discotheque, Lounge, Nightclub or Tavern
  • 8810 Clerical Office Employees NOC
  • 3507 Construction or Agricultural Machinery Mfg
  • 9052 Hotel: All Other Employees & Salespersons, Drivers
  • 8006 Store: Grocery Retail, Includes Rural General Stores

North Carolina

  • 2883 Furniture Manufacturing-Wood-NOC
  • 8824 Retirement Living Centers: Health Care Employees
  • 5535 Sheet Metal Work Installation & Drivers

South Carolina

  • 8380 Automobile Service or Repair Center & Drivers
  • 9101 College: All Other Employees
  • 5537 Heating, Ventilation, Air-Conditioning and Refrigeration

Tennessee

  • 6400 Fence Erection-Metal
  • 8832 Physician & Clerical
  • 5183 Plumbing NOC & Drivers
  • 9083 Restaurant: Fast Food

Texas

  • 9014 Buildings-Operation By Contractors
  • 2881 Furniture Assembly-Wood-From Manufactured Parts
  • 3040 Iron or Steel: Fabrication: Iron Works-Shop-Ornamental-& Drivers
  • 5183 Plumbing NOC & Drivers
  • 8293 Storage Warehouse-Furniture & Drivers

Virginia

  • 5479 Insulation Work NOC & Drivers
  • 8835 Nursing-Home Health, Public and Traveling-All Employees
  • 9082 Restaurant NOC

Wisconsin

  • 9060 Club-Country, Golf, Fishing or Yacht-& Clerical
  • 8235 Sash, Door or Assembled Millwork Dealer & Drivers
Rate Changes

Please take note the upcoming rate changes in various states.

Core States

 

The following core states have a pending rate change. New rates are not yet available in eLink; however, some renewing policies may be viewable in the renewal index. Please refrain from releasing quotes and renewals for these states until rates are updated.

State Effective Date
Michigan 11/01/14

Accommodation States

State NCCI/Bureau
Impact
Effective Date
South Dakota -8.3% 07/01/14

Please be sure to discuss pricing options for all new business and renewals with your business development consultant

Agency Hall of Fame

The Agency Hall of Fame is recognition for those agencies that write the most new business each month. The acknowledgment, given to top agencies in each state, allows us to show appreciation to our agent partners for their efforts.

Arkansas

  • Cashion Co. Inc., Little Rock
  • Sims Insurance, Inc., Fayetteville

Georgia

  • J. Smith Lanier & Co., Thomasville
  • Sterling Risk Advisors, Inc., Atlanta

Illinois

  • Dimond Bros. Insurance LLC, Paris
  • Lundstrom Insurance Agency, Inc, Elgin

Indiana

  • Insurance Management, Marion
  • Regions Insurance, Inc., Kokomo

Iowa

  • Arthur J. Gallagher Risk Management Services, Davenport
  • Holmes, Murphy & Associates, Inc., West Des Moines

Kansas

  • Signature Select LLC, Wichita
  • Willis of Greater Kansas, Inc., Overland Park

Maryland

  • B. J. Mattheiss Insurance, Inc., Baltimore
  • Sandy Spring Insurance Corporation, Glen Burnie

Michigan

  • Berends Hendricks Stuit Insurance Agency, Inc., Grandville
  • Van Wyk Risk Solutions, Grand Rapids

Minnesota

  • C O Brown Agency, Rochester
  • The Christensen Group, Inc., Minnetonka

Missouri

  • C. J. Thomas Company, Inc., Saint Louis
  • G. M. Peters Agency, Liberty

Nebraska

  • Holmes, Murphy & Associates, Inc., Omaha
  • The Harry A. Koch Co., Omaha

North Carolina

  • BB&T Insurance Services, Durham
  • TriSure Corporation, Raleigh

South Carolina

  • Herlong Bates Burnett Insurance Inc., Greenville
  • Rosenfeld Einstein, A Marsh & McLennan Agency LLC Company, Greenville

Tennessee

  • BB&T Huffaker Trimble, Chattanooga
  • Chappell, Smith & Associates, Inc., Franklin

Texas

  • Bigham Kliewer Chapman & Watts Ins Agcy, Killeen
  • Frank Comiskey Agency, Inc., Houston

Virginia

  • Nansemond Insurance Agency, Inc., Suffolk
  • Sheehan Insurance Group, Inc., Haymarket

Wisconsin

  • Johnson Insurance Services, Inc., Racine
  • Spectrum Insurance Group, LLC, Weston
Legislative Update

Legislative Update is a brief synopsis of relevant legislative activity currently taking place in Accident Fund core and accommodation states. For more details or further documentation on any of these legislative activities, contact your business development consultant.

Federal

House Financial Services Committee recently enacted a TRIA reauthorization proposal, The Terrorism Risk Insurance Modernization (TRIM) Act of 2014. Now both the House and Senate Committees have passed differing versions of reauthorization. AFHI continues to work with our allies in Congress, most recently going to Washington and highlighting the challenges workers’ compensation insurers face when it comes to terrorism risk. Last week, AFHI sent a letter supporting TRIA reauthorization to all House Financial Services Committee Members. AFHI secured nine carrier CEO signatures, representing six states including Michigan, Maine, Ohio, Wisconsin, Arizona and Iowa.

Although TRIA doesn’t expire until Dec. 31, 2014, AFHI feels Congress must act now and delay reauthorization no longer.

State

North Carolina

There is a provision in the Governor’s budget aimed to reduce physician dispensing, workers’ compensation doctors repackaging prescription drugs and selling them at higher rates. The House budget contains a similar provision to the one contained in the Governor’s, although the Senate budget did not include this provision. We’re unsure what will happen when they start discussing in conference committee, but it’s a very positive signal to the industry they’re willing to tackle the issue.

Information in this report was sourced from Florida Insurance Council, NAMIC, WorkCompCentral, and NCCI

Disclaimer of Liability

This document is provided for informational purposes only and does not constitute legal advice. This information is subject to change. Every effort is made to provide accurate and complete information in Accident Fund Holding’s Legislative Update. However, Accident Fund Holdings makes no claims, promises or guarantees about the accuracy, completeness, or adequacy of the contents of the Update and expressly disclaims liability for errors and omissions in the contents of this newsletter.

Accident Fund Training Opportunities Available to You

aftrainingAccident Fund has built an industry-leading training program that provides dynamic opportunities for our partner agencies, including:

  • Certified Authority in Workers’ Compensation (CAWC) Designation Program
  • Continuing education (CE) opportunities
  • Live and recorded webinars
  • Customized training services

Click below to watch a short promotional video about the training opportunities available to you. You can also visitAccidentFundTraining.com for more information.

How to Help Keep Young Workers Safe on the Job

young_workerNow that the school year is over, many teens will be starting summer jobs and entering the workplace for the first time. Because of their unfamiliarity with workplace settings, young workers can often get injured on the job for many reasons, including:

  • Unsafe equipment
  • Inadequate safety training
  • Limited supervision
  • Dangerous work that is illegal or inappropriate for youth under 18
  • Pressure to work faster
  • Stressful conditions

If you have a policyholder that hires teen workers on a temporary or full-time basis, now is a good time to remind them of the possible workplace hazards with younger workers:

  • Construction and Industry Work: Slips and falls, machines and tools, hazardous materials, confined space, electricity, noise, moving equipment, heat, hazardous chemicals
  • Food Service/Fast Food: Sharp objects, hot cooking equipment, slips and falls, electricity, heavy lifting, violent crime
  • Janitorial/Maintenance: Hazardous cleaning chemicals, slips and falls, heavy lifting, blood on discarded needles, electricity, vehicles
  • Office/Clerical: Repetitive hand motion, back and neck strain, stress
  • Outdoor Work: Sun exposure, heat, landscaping, pesticides and chemicals, machinery and vehicles, electricity, heavy lifting, noise
  • Retail/Grocery/Convenience Stores: Equipment and machinery, heavy lifting, violent crime, repetitive hand motion, slips and falls

For more information on the use of teen workers, visit OSHA’s Young Worker Safety and Health site at Osha.gov/youngworkers.

We’ve rolled out our new Hiring for Safety campaign. Please encourage your Accident Fund policyholders to visit the site today.

Still Time to Register for the 21st Annual Westran Golf Outing

westran_golfThe Roy Westran Memorial Insurance Industry Scholarship Golf Outing celebrates its 21st anniversary this year and we want you to be a part! Taking place Friday, Aug. 1, at Hawk Hollow Golf Course in Bath, Mich., the annual event gathers agents from across the country to help Accident Fund raise scholarship funds for students pursuing insurance-related degrees.

At the same time, the event recognizes the work of the late Roy Westran, an individual committed to the advancement of our profession. Established in 1990, the Westran Memorial Scholarship has awarded more than $775,000 to more than 460 students and helped to ensure the growth of our industry.

We have plenty of room on the green as well as several sponsorship opportunities available. The four-person scramble will begin at 8 a.m. with a continental breakfast, followed by a shotgun start at 9:30 a.m. Lunch and an awards reception will follow in the afternoon. For more information, visit WestranScholarship.org or contact Janelle Manolakoudis.

Members of Two Michigan Chambers of Commerce Receive Dividends

moneyAccident Fund’s Group Programs help businesses keep their employees safe while saving them money and reducing losses. We were pleased to present the Flint and Genesee Chamber of Commerce program members with an 8% dividend, and the Shiawassee Regional Chamber of Commerce with an 8% dividend, totaling more than $112,000.

Accident Fund Group Program members can expect the following benefits:

  • 5% up-front savings on their premium (except in Iowa, Kansas, Missouri, North Carolina, Tennessee, Texas and Wisconsin)
  • Opportunity for dividend payments based upon the entire group’s loss history
  • Access to safety materials through our WorkSafe Toolbox™
  • Convenient billing options

For more information about Groups, visit AccidentFund.com/groups or contactTheresa Ross or Beth Goodman.

Mike Britt Wants to See You in Scotland!

Each year, we award our top performing agents with a spot on our annual incentive trip. We hope you’ll be motivated to build your performance in order to attend next year’s trip to Scotland, which takes place May 10-17, 2015.

Click below to see a message from Mike Britt about our upcoming Scottish Escape.

We encourage you to visit our trip website at AccidentFundIncentives.com to learn more and watch for the monthly incentive trip updates in your email.