Published on National Risk Services (http://www.nationalrisk.com)
Premium Recovery

Workers Compensation Premium Recovery Program

A value-added service for companies all across the United States.

premium recovery

 

 

NRS/CompAuditUSA returned over
$44 Million Dollars in Workers Compensation premium overcharges over the last 20 years.

 

 

Recent Results

  • Multi-State Propane Dealer
    Average premium paid per year $4,500,000- 2 revisions a 1.12 to a 1.01 and a 1.15 to a .96 total return premium of 07,759.

  • PEO/Leasing Co.
    Premium paid $16,000,000. - Reduced Modification from .94 to .73 producing a premium refund of Over $2.8 Million Dollars due to Combining of Entities.

  • PEO/Leasing Co.
    Premium paid $8,000,000. - Refund in excess of $800,000.00 credits not applied for-just beginning the claims review portion.

  • Transportation Co.
    Premium paid $600,000-refund of $180,000. Mod revised from 1.23-1.02.

  • Construction Co.
    A client since 1998 paying premiums between $300,000-$600,000. Has received various revisions with return premiums totaling over $275,000.

  • Construction Co.
    Premium paid $650,000. - refund of $180,000. - due to payroll omissions at the Comp. Board and claims reserves revisions.

  • Non-Profit Organization
    Premium paid $450,000. - refund of $93,000.-claims were revised.

  • Multi-State Food Chain
    Premium paid $900,000-refund of $280,000. Mod revised from 1.56-1.27 due to the combining of multi-state mods and claims reserve revisions.

  • N.Y. Hospital
    Paid premium $450,000.-refund of $135,000.-Mod lowered from 1.38-.85 in 2 years time due to claims reserve revisions.

premium recovery steps

 

 

 

NRS clients receive return premiums year after year.

 

 

Construction Company clients since 1998, paying premiums between $300,000-$600,000, have received revisions with return of premiums totaling over $275,000.

Food Distribution clients since 2000, paying premiums between $200,000-$300,000, have received various revisions with return of premiums totaling over $186,000.

Security Guard Company clients since 1997, paying premiums between $175,000-$425,000, have received various revisions with return of premiums totaling over $385,000


NRS/CompAudit could be working on finding you the same results as our clients listed above. With a success ratio of over 90%, can you afford not to be taking advantage of this program? The end result of our program will provide your company with a much better underwriting profile to enter their renewal process, and that is the minimum potential benefit.

For more information or to get started on the road to premium recovery, contact us [1] now.

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