Hard to Place Workers’ Comp Program

Nuts & Bolts:
Lighthouse LLC is now providing workers’ compensation programs for the Professional Employer Organization industry and employers with under $100,000 in premium. Lighthouse will provide workers’ comp to its PEO clients and appointed agents in three different manners: master policies, multiple coordinated policies and on a traditional stand-alone basis. It will also administer a “pay as you go” format that will allow PEO or payroll companies to bill and remit their clients’ workers’ comp premiums on a real-time basis. To help support this directive, it purchased specialty software that will allow its partners to quote business online, as well as enable the PEO to run a multitude of profitability reports down to the employee level.

Dollars:
Deductibles range on a case-by-case basis. Limits up to $1million/$1million/$1million; premiums starting at $10,000.

Carrier:
Potomac Ins. Company rated “B+,” admitted.

States Available:
Alabama, California, Florida, Georgia and South Carolina.

Contact:
Michael Bass or Rick Kirsch, (866) 481-9363, www.risktransferinc.com.