by Marc Ring | Oct 21, 2024 | Premium, Workers Compensation
Timely submission of a business’ actual wage declarations is an essential step in processing their workers compensation premium adjustment. In discussions with underwriters recently we have noted a heightened focus for insurers to obtain Actual Wage Declarations...
by ABILITY GROUP | Mar 29, 2021 | Premium, Uncategorized, Workers Compensation
Following months of industry speculation, as many have predicted NSW workers compensation premiums will be increased from 1.4% of wages to 1.44% of total NSW wages in the 2021-22 financial year. With the icare run NSW workers compensation scheme having been in media...
by ABILITY GROUP | Nov 1, 2018 | Premium
Overdue premium adjustments are a critical issue for businesses, as they directly affect compliance, cash flow, and client trust. Employers and policyholders must understand how insurance premium adjustments work, why delays occur, and how to manage them effectively...
