Today's Shock Audit email

...is from an Illinois one man roofing company that paid a couple of thousand dollars per year Workers Comp premium for the past few years has gotten a Shock Audit for over $200,000 covering three years. Insurer is apparently coming up with some estimate of payroll that based on cash withdrawals used to pay dumping fees. Insurer is treating this as if it these withdrawals were for labor, paid under the table. Policyholder says this is not so. Insurance company is being, shall we say, less than cooperative in reducing the audit billing.

So we're going to take a look and see how much, if any, of this audit billing the insurance company is actually entitled to. Stay tuned.