WC premium audit: Is overtime in or out?

Posted on March 9, 2012 by lbeahmadmin

When looking at payroll for purposes of calculating workers’ compensation (WC) premium, overtime should not be included. Under Rule 2, Premium Basis and Payroll Allocation, the National Council for Compensation Insurance (NCCI) manual specifies that the extra pay for overtime … Continue reading →

Why do I have numerous requests from my lender for a certificate of insurance?

Posted on January 16, 2012 by lbeahmadmin

Frequently Asked Questions Q: Why do I have numerous requests from my lender for a certificate of insurance? A: The lenders are regulated by the State and Federal Governments. They require proof that your mortgage is protected by insurance. … Continue reading →