Workers’ compensation carriers operating in Florida are required to inform their insured clients of any applicable dividend plans that coincide with the coverage. Due to the fact that this is a benefit being offered by the carrier, most of them announce their dividend programs in a clear and concise manner. Dividends are usually based upon

By Jeff Grady In these tough economic times, insurance consumers are searching for ways to reduce costs and save money. It’s no different for physicians, many of whom may be looking to shop their professional liability insurance. When consumers shop around, carriers must compete for their business; that’s good for consumers. That advantage may be

By Tom Murphy of Danna-Gracey Even before he ever took office it was clear that Governor Rick Scott was serious about changing Florida’s legislative and regulatory landscape. One of his campaign pledges included reducing workers’ compensation costs by 35%. He recently renewed this pledge to the Florida Council of 100 shortly after taking office. This

Most insurance companies offer multiple credits, ranging from discounts for claims-free history and practicing part time to discounts for society membership, and many others.  Never assume your credits are correct and always ask how your bottom-line premium was calculated and if there are any more credits to apply to lessen your rate.

By Bill Gompers  RACaphobia is defined as an intense and persistent fear of an RAC Audit.  As we have all become aware, RAC is an acronym that stands for Recovery Audit Contractor.  These contractors are charged with the responsibility of implementing the Centers for Medicare & Medicaid Services’ (CMS) program to mitigate overpayments to providers.