The state of Massachusetts has decided to buck recent trends and have settled on an impending decrease in workers’ compensation insurance rates. This change will go into effect on July 1, 2018. The decrease will result in an average rate rollback of 12.9% on...
While the experience modifier (or mod) may be a foreign concept to many, to the business owners it can have a huge effect on the bottom line as it is a key component of the workers’ compensation premium calculation. Mods are a way to try to balance out the costs...
