The Insurance Advisory Earns Highest Allowable QLMP Credit from WCRIBMA
- Published: Tuesday, 11 October 2016 18:12
Most employers in the Massachusetts workers’ compensation insurance assigned risk pool are eligible for a policy credit when they enroll in a Qualified Loss Management Program (QLMP). But the percentage of this credit varies widely depending on the individual provider’s track record over the prior 7 years, anywhere from 4% to 15%.
The Insurance Advisory is pleased to announce that we have earned the maximum 15% credit from The Workers’ Compensation Rating and Inspection Bureau for the current rating year (04/01/2016 to 2017). For over 20 years, The Insurance Advisory has been effectively helping employers to reduce their workers’ compensation costs and, in many cases, to ultimately qualify for coverage in the voluntary market.
For more information about the program, please click on the ‘QLMP’ tab above.