I had actually drafted an 1800 word report explaining many interesting things we recently discovered through meetings with the State Fund Auditing and Underwriting Management. Numerous members have approached WSTA over the last year concerning this worker’ comp audits where they were being told that they owed State Fund in some cases hundreds of thousands of dollars because State Fund was now applying some new underwriting guidelines and utilizing a 25%-rule to calculate unpaid premium for contracted motor carrier owner-operators that they utilized.
We felt as an organization which managed a comp group with State Fund for over 20 years, a responsibility to get involved with this process. We were asked by State Fund not to publically say more than this until they are done with all their internal research and providing information to us based on our requests from previous meetings. We were told that all of this information and their “new audit standards” would be ready by the end of September, therefore I was compelled to not say more than this until October.