The Stakes: A landscape contractor with 120 employees had just been acquired. The new owners expected some transition costs, but they didn’t expect their Workers’ Comp Experience Mod to inexplicably spike, driving premiums through the roof right after the purchase.
The Investigation: The carrier’s system had automatically linked the old owner’s claim history to the new entity—a standard procedure, but one that requires careful verification. The Advisor dug into the Rating Bureau’s combinability rules and ownership transfer data.
The Breakthrough: The Advisor found that the ownership change was structured in a way that legally allowed for a “clean slate” on the Mod, but the paperwork hadn’t reflected that nuance. It wasn’t malice; it was a data disconnect between the legal structure and the insurance filing.
The Result: The Advisor corrected the record with the Bureau. The Mod was recalculated, triggering a massive $104,000 refund to the new owners.