The Workers’ Compensation Premium Audit: More than 75% are Incorrect - How You Can Avoid Being Overcharged

Instructor: Kevin Ring
Product ID: 704448
  • Duration: 60 Min
The webinar will cover what employers need to know about the workers’ compensation premium audit. Experience shows that more than 75 percent of premium audits are incorrect, most often to the detriment of the employer. At the end of the webinar, attendees will be armed with the knowledge they need to ensure that they pay only what exactly they owe for their workers’ compensation and not a penny more.

recorded version

1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section
Last Recorded Date: Oct-2017

Training CD / USB Drive

One CD/USB is for usage in one location only.
(For multiple locations contact Customer Care)
CD/USB and Ref. material will be shipped within 15 business days

Customer Care

Fax: +1-650-362-2367


Read Frequently Asked Questions

Why Should You Attend:

The premium audit determines the final premium of your workers’ comp policy. More than 75% are incorrect and most often the employer winds up being overcharged. These overcharges are largely due to the fact that employers are not properly educated about how to keep their records to be sure the auditor has the information they need.

This session will cover the rules of the premium audit and how to make sure your business is not overcharged.

Areas Covered in the Webinar:

  • How to determine if your business is properly classified
  • What money do you give your employees that does NOT count for workers’ compensation, even if you DO have to pay taxes on it
  • How to deal with uninsured subcontractors to be sure you’re not overcharged
  • What the auditor can and can not do when they want to change your classification on the audit
  • How to determine who goes into what class codes that are on your policy
  • How to prepare for the audit so that the premium auditor is out of your hair as quickly as possible

Who Will Benefit:

  • President
  • Vice President
  • Manager
  • Supervisor
  • HR Professionals
  • Payroll Professionals
  • Accountant
Instructor Profile:
Kevin Ring

Kevin Ring
Founder, Institute of Benefits and Wellness Professionals

A licensed P&C agent, Kevin Ring has an affinity for making the technical simple, be it insurance or computers. He is especially adept at unraveling ex-mods and audits and classification clarifications.

His plain speak approach is the key whether he is presenting at a Certified WorkComp Advisor Institute, giving workshops for employers, or presenting teleclasses for insurance agents. His technical workers’ comp skills have helped Certified WorkComp Advisors through sticky situations (including analyzing a 68 page mod sheet) and he’s constantly working with advisors to deepen their knowledge of the Institute process.

Mr. Ring has analyzed more than 500 experience mod worksheets, finding and fixing errors for CWCAs and their clients. Because of his experience working with advisors and analyzing mods, he designed and directed the development of ModIMPACT, IWCP’s mod analysis tool which helps you better understand the mod, how it impacts premium costs and how to keep it under control. It is a quick, simple and powerful way to analyze a mod and communicate the results.

We are registered with and adhere to the Statement on Standards for Continuing Professional Education programs of the National Registry of CPE Sponsors. Our registration number is 109066. Please check with the governing body of your license and state for specific CPE requirements. Grievances may be forwarded to the company at 650 620 3961. Grievances may also be forwarded to the National Registry of CPE Sponsors-NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417, 615-880-4200,, e-mail

Field of Study Minutes CPE
Specialized Knowledge and Applications 60 1.2
Total Duration - 60 Min Total Credits - 1.2

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Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

If you have any concern about the content of the webinar and not satisfied please contact us at below email or by call mentioning your feedback for resolution of the matter.

We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email call +1-888-717-2436 (Toll Free).

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