Power Producers Podcast

NCCI State of the Union with Kevin Ring

Listen Later

In this episode of The Power Producers Podcast, David Carothers interviews Kevin Ring, Lead analyst at the Institute of WorkComp Professionals. Kevin discusses the major updates from the National Council on Compensation Insurance (NCCI) and the complexities of Workers' Comp.


Episode Highlights:

  • Kevin explains that the National Council on Compensation Insurance (NCCI) is updating the experience mod, and talks about the two major changes that are coming. (3:53)
  • Kevin mentions that the values used on an experience mod are determined by the effective date of the mod and can impact the calculation of claims and the cap. (8:57)
  • Kevin discusses the use of experience mods in workers' compensation insurance premiums. (26:03)
  • Kevin suggests that staying dispassionate and accepting changes in the insurance industry, such as lower rates and increased interest in Workers' Comp, is important for success. (37:05)
  • Kevin discusses the importance of finding accurate and up-to-date information about class codes, claim situations, and state laws. (48:41)


    • Tweetable Quotes:

    • “Just be careful where you get your information from. If you're using the internet, both because it could be out of date and it might not be accurate.” - Kevin Ring
    • “Certainly happy to chat with anyone about a Worker's Comp question they have and to see if what we do at the institute might be a good fit for the agency that you're trying to grow.” - Kevin Ring


      • Resources Mentioned:

      • Kevin Ring LinkedIn
      • Institute of WorkComp Professionals
      • David Carothers LinkedIn
      • Kyle Houck LinkedIn
      • Florida Risk Partners
      • The Extra 2 Minutes
        • ...more
        View all episodesView all episodes
        Download on the App Store
        Power Producers PodcastBy David Carothers
        • 4.9
        • 4.9
        • 4.9
        • 4.9
        • 4.9

        4.9

        116 ratings

        More shows like Power Producers Podcast

        View all
        The Ben Shapiro Show by The Daily Wire

        The Ben Shapiro Show

        154,118 Listeners

        Agency Nation Radio by Agency Nation - Insurance Marketing and Technology Strategists

        Agency Nation Radio

        48 Listeners

        THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

        THE ED MYLETT SHOW

        13,988 Listeners

        The Game with Alex Hormozi by Alex Hormozi

        The Game with Alex Hormozi

        4,467 Listeners

        Unstoppable Profit Podcast Hosted by Mike Stromsoe by Mike Stromsoe

        Unstoppable Profit Podcast Hosted by Mike Stromsoe

        12 Listeners

        The Insurance Guys Podcast by Scott Howell & Bradley Flowers

        The Insurance Guys Podcast

        201 Listeners

        The Ridiculously Amazing Insurance Podcast by Agency Performance Partners

        The Ridiculously Amazing Insurance Podcast

        19 Listeners

        All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

        All-In with Chamath, Jason, Sacks & Friedberg

        10,273 Listeners

        Insurance Town by Heath Shearon

        Insurance Town

        53 Listeners

        The Tucker Carlson Show by Tucker Carlson Network

        The Tucker Carlson Show

        17,026 Listeners

        The Max Revenue Show by Max Revenue

        The Max Revenue Show

        20 Listeners

        Business Refocused by Lindsay Sexton & Carey Wallace

        Business Refocused

        47 Listeners

        The Scratch Agency Podcast by The Scratch Agency Podcast

        The Scratch Agency Podcast

        21 Listeners

        The Insurance Perspectives Podcast by HawkSoft

        The Insurance Perspectives Podcast

        3 Listeners

        The Jefferson Fisher Podcast by Civility Media

        The Jefferson Fisher Podcast

        8,466 Listeners