Legal Issues With Experience Modifiers

Found a very interesting article about legal issues surrounding experience modification factors. Reviewing experience modifiers (and finding ways to get them lowered by correcting errors in the calculations) has become an increasing part of our consulting workload here at AIM. Particularly with the implementation of the new NCCI formula for experience mods, and the increasing prevalence of clients (particular governmental entities) using modifiers as a criterion for project bids, more and more companies are asking us to double-check their mod calculations, and to fix any errors we find.

Such errors, sad to say, are more common than generally understood.