Who gets a review?

The FSRs regularly review the list of direct policies in their assigned territory, concentrating on the policies that are scheduled for renewal in the next few months. It is impossible and probably unnecessary for the FSR to visit every policyholder in his or her area, so the FSR will review the list and work with the underwriter, claims examiner, and risk management consultant assigned to each policy to select policies for on-site visits over the next few months.

The selection process begins with a review of the activities on the policy over the last year. Several things are considered that may prompt a visit:

• Fluctuating payroll
• Changes in business operations
• Location additions or deletions
• Increasing or decreasing losses
• Significant changes in the experience modification factor
• Claims issues
• The addition of policy endorsements
• Significant rate changes
• Multiple or consistent payroll report or premium issues

We also will provide a review at the request of a policyholder.

Idaho State Insurance Fund
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