Monthly Archives: July 2017

Accounting Firms

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Accountants handle clients’ financial records. Their services are provided to both individuals and businesses. With the diversity in the work that accountants do, and the fact they are dealing with sensitive financial information, the level of risk in this industry is unique. Bodily-injury claims are not very high, but the… Read more »

Interpreting the Loss Ratio

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The loss ratio is a quick and easy way for an insurer to determine the profitability of a workers compensation insurance policy.  It is calculated simply by dividing the incurred losses by the total earned premium.  Therefore, a company with a very low loss ratio would be considered a very… Read more »