PAAS® Web Seminars | Session Descriptions

WORKERS' COMPENSATION SESSIONS

WC Policy Review (WC-1) – one-hour session

A review of:

  • parts of the workers' compensation policy
  • workers' compensation laws
  • types of workers' compensation laws
  • insurance requirements

WC Classification Terminology (WC-2) – two-hour session

A review of the definitions and proper application of:

  • basic classifications
  • standard exception classifications
  • general inclusion operations
  • general exclusion operations
  • governing classification
  • principal business rule
  • classification wording and applications

WC Classification Assignments (WC-3) – two-hour session

The basic concepts required to classify a risk, including:

  • object of the classification system
  • classifying separate legal entities
  • business not described by a manual classification
  • classes limited to separate businesses
  • business described by a standard exception classification
  • construction or erection risks
  • subcontractors
  • farm operations
  • repair operations
  • recycling operations
  • miscellaneous employees rule
  • interchange of labor rules
  • changes or corrections in classifications rule

WC Basis of Premium (WC-4) – two-hour session

An in-depth analysis of:

  • payroll inclusions and exclusions
  • bonuses
  • commissions
  • substitutions for money
  • housing
  • rental value of housing or apartment
  • payroll limitation – officers, sole proprietors, and others
  • overtime wages

WC Executive Officers (WC-5) – one-hour session

An examination of the manual rules to determine:

  • who qualifies as an executive officer
  • officers’ remuneration determination for premium calculation
  • proper classification of each officer
  • executive officers of multiple entities

WC Sole Proprietors, Partners, and Others (WC-6) – one-hour session

Issues concerning sole proprietors, partners, and others, including:

  • coverage status
  • payroll determination
  • classification procedures
  • treatment of nonsalaried employees and domestic workers

WC Subcontractors (WC-7) – one-hour session

Issues surrounding the use of subcontractors, including a review of:

  • certificates of insurance
  • basis of premium
  • exposure determination
  • classification procedures for insured and uninsured subcontractors

WC Maritime (WC-8) – one-hour session

Issues surrounding maritime and the effect on business operations performed on or near navigable waterways of the United States, with explanations of:

  • Jones Act (Admiralty)
  • USL&HW Act
  • FELA (Federal Employers Liability Act – Interstate Railroads)

WC Rating Factors (WC-9) – one-hour session

Guidance on application of:

  • loss constants
  • expense constants
  • anniversary rating date calculations
  • extraterritorial operations

GENERAL LIABILITY SESSIONS

GL Policy Review (GL-1) – one-hour session

An overview of:

  • the types of liability insurance
  • standard and nonstandard forms
  • contents of the Commercial Package Policy
  • coverages and endorsements in the Commercial General Liability Policy
  • the ISO Commercial Lines Manual

GL Basis of Premium (GL-2) – one-hour session

An analysis of the various types of rating bases:

  • admissions
  • area
  • each
  • gross sales
  • payroll
  • total cost
  • units

with information on inclusions and exclusions

GL Classification Procedures (GL-3) – one-hour session

The general concepts of ISO’s CLM Rules 25 and 26:

  • classification assignment
  • general inclusions and exclusions

GL Manufacturing/Processing and Mercantile Risks (GL-4) – two-hour session

An examination of the procedures for classifying risks under ISO’s CLM Rules 27 (manufacturing/processing) and 29 (mercantile):

  • definition of named insureds
  • classifying by final product
  • multiple operations
  • special inclusions and exclusions
  • basis of premium
  • wholesale value
  • classification assignment procedures
  • definition of dealer/distributor and rating territory

GL Contracting and Servicing Risks (GL-5) – two-hour session

An analysis of ISO’s CLM Rule 28 (contracting and servicing risks):

  • classification assignment
  • special classification exclusions
  • basis of premium
  • rating territory
  • contractor – subcontracted operation classifications
  • assignment procedures for adequately and inadequately insured subcontractors

GL Building/Premises and Miscellaneous Risks (GL-6) – one-hour session

The rating components outlined in ISO’s CLM Rules 31 (buildings/premises) and 32 (miscellaneous) used to classify a risk rated on a unit or area basis:

  • rules
  • classification procedures
  • basis of premium

COMMERCIAL AUTOMOBILE SESSIONS

Automobile Dealerships/Garage Liability (CA-1) – one-hour session

Guidance with the classifications and rating basis for risks involved in the operation of automobile dealerships and garage liability, including a review of:

  • classifications
  • audit procedures and verification
  • premium development
  • miscellaneous rating issues

MISCELLANEOUS SESSIONS

Writing the Description of Operations – one-hour session

A review of the essential elements necessary to write a thorough description of operations:

  • techniques for before and after the interview
  • compiling the data
  • observing the obvious
  • policy guidelines by line of business
  • what and how much to write
  • audit documentation

Understanding Legal Entities – one-hour session

An analysis of the various kinds of legal entities and their effect on policy premium:

  • sole proprietorships
  • partnerships
  • corporations
  • limited liability companies
  • unincorporated associations

Pitfalls of Cross-Referencing Workers' Compensation to General Liability – one-hour session

An examination of the pitfalls of automatically cross-referencing various types of risks from workers' compensation to general liability classification assignment

Contractor Executive Supervisor – one-hour session

A discussion of the proper use of code 5606, “Contractor – Project Manager, Construction Executive, Construction Manager, or Superintendent,” and related issues for workers' compensation and general liability

Companion Classifications – one-hour session

A discussion of the companion classifications required in auditing certain workers' compensation risks. Includes:

  • reasons for companion classifications
  • which risks require companion classifications
  • what distinguishes professional and nonprofessional employees

Building the Intelligent House – one-hour session

An examination of the workers' compensation and general liability classifications for manufacturers and installers of devices such as:

  • climate control systems
  • home entertainment systems that control stereos, televisions, computers, telephones, intercom systems, nanny cams, and lights
  • windows that change at night to prevent others from looking in
  • natural and mechanical ventilation — new on the market for green buildings
  • solar panels

Register today!

Each session is limited to 15 participants, so there will be plenty of time for Q&A. We offer each course several times a year.

For more information . . .

. . . about PAAS web seminars, call Sally Nesmith at 479-365-4076, or send e-mail to snesmith@verisk.com