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Park County work‑comp costs rise after e-mod increases to 1.12; payroll growth also cited

3858016 · May 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Presenters said Park County’s workers’ compensation experience modification factor rose from about 0.92 to 1.12, raising premium cost; staff recommended focusing on safety measures and scheduled a county safety day.

An insurance presenter told Park County commissioners that the county’s workers’ compensation experience modification factor (e-mod) rose to 1.12 for the 2025–26 policy, up from roughly 0.92 in prior years, and that payroll growth drove additional premium increases.

The presenter (agency representative) explained how e-mods are calculated: they are a three‑year rolling average of loss experience compared with a national peer pool…

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