UNDERWRITING GUIDELINES
UNDERWRITING GUIDELINES Workers Compensation Underwriting Exclusions 1. Obligations or liability arising under the Jones Act. 2. Obligations or liability arising under USL and H coverage. 3. Commercial Airline flight Crews 4. Professional Sports Teams written as such except administrative personnel who do not travel with the team. Excluded personnel include players, coaches, trainers and all other personnel who regularly travel with the team to away events. 5. Loss or injury occasioned by acts of war, war-like acts, war, invasion, hostilities, acts of foreign enemies of any kind, civil war, rebellion, insurrection, military or usurped power, or martial law or confiscation by order of any government or public authority. 6. Assumed Reinsurance. 7. All liability of an Employer arising by contract, operation of law, or otherwise, from its participation or membership, whether voluntary or involuntary, in any insolvency fund. "Insolvency Fund" includes any guaranty fund, insolvency fund, plan, pool, association, fund or other arrangement, howsoever denominated, established or governed, which provides for any assessment of or payment or assumption by the Employer of part or all of any claim, debt, charge, fee, or other obligation of an insurer, or its successors or assigns, which has been declared by any competent authority to be insolvent, or which is otherwise deemed unable to meet any claim, debt, charge, fee or other obligation in whole or in part. 8. Losses arising directly or indirectly out of nuclear incident. 9. Railroads, except scenic railways, and access lines and industrial aid owner operations when written as an incidental part of an insured’s overall operations. 10. Work and navigation of any commercial vessel. Additional Requirements 1. Minimum of ,000 in estimated annual payroll unless pre-approved by underwriting. 42 | Page
2. Average annual payroll per employee should not be less than ,000. 3. All NCCI hazard code 3 and 4 require pre-approval of underwriting 4. All NCCI hazard code 1 and 2 are approved 5. On stand alone minimum premium policies, a completed ACORD application is required. 6. Temporary Staffing agencies are excluded unless pre-approved by underwriting. 7. PEO cannot lease or acquire another PEO unless pre-approved by underwriting. 8. Labor interchange agreements between two or more PEOs are excluded. 9. Three year loss run documentation or no loss letter acceptable to the underwriter is required. 10. General contractors that utilize subcontracting of 50% or more require underwriting preapproval. 11. All new businesses require previous work history documentation of the owner or principle operators, acceptable to the underwriter. 12. Any class codes added after the initial application has been processed must be approved by the underwriter before being added to the client’s payroll. 13. Any bar, lounge, or restaurant must have at least 50% of food sales relative to alcohol sales to be accepted. 14. Need height or underground digging depth by number of feet for those clients in which it is applicable. (i.e.: framers, painters, roofers, etc.) 15. The Workers’ Comp Questionnaire (page 2 of new client application) will need further clarification in the comment section for any questionable answers relative to the client. 16. All businesses with 2 years or less experience will require an approval by our management committee. Class code restrictions CLASS CODES 43 | Page
