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How Pennsylvania Workers Compensation Rates REALLY Work

1.)   PA Workers Comp Bureau puts out a Base rate on each class of job called a “Lost Cost/LC” Example: The Electrical Wiring class in PA is class #661, the PA State Lost Cost rate is $3.43 per $100 of payroll 2.)  Then each carrier files with the state a “Lost Cost Multiplier/LCM” for […]

The REAL Dangers of Using Your Personal Auto in Business

In the course of our week we review many coverage contracts that business owners rely on to defend their assets against outside raiding parties. Picture a fortress with strong contract walls to protect your assets from some onetime event that could plunder those assets that just took you a lifetime to build. If you have […]

Don’t let Insufficient Limits Bankrupt your Business

  The law prevents jurors from knowing your insurance limits. With that in mind, how high does the Powerball Jackpot have to get before people play?  Most people’s answer is well over $100 MILLION DOLLARS. This is the same way juries think when awarding damages in liability cases. Moral of the story: it pays to […]