A large Information Technology Contractor in Northern New Jersey with 132 employees and revenues of $32 million doing work in both New Jersey and New York City had seen premium increases of over $300k.
A large fire suppression installation company in the Boston area with 55 employees and revenues of $18 million was seeing high premiums after numerous workers' comp claims.
Knight-Dik noticed that one of its clients, a A janitorial company in Worcester, Massachusetts frequently had small claims and because its employees work independently, there were no witnesses to any of these incidents.
The company was experiencing high insurance premiums due to an extremely high MOD in addition to seasonal cash flow issues and high workers’ comp audits.
A large catering company in the Boston-area with 28 employees and revenues of $6.5 million was experiencing high frequency on workers’ compensation claims less than $300.
