TO PROVIDE THE ASSOCIATION MEMBERS WITH WORKERS' COMPENSATION INSURANCE PREMIUM, LOSS, AND OTHER INFORMATION.
Geographies
Not indicated
Dates
Jan 1, 2020 – Dec 31, 2020
Source
990
No causes provided
No populations provided
–
$2M
Data Collection and Workers' Compensation Support
CAOM SUPPORTED THEIR DATA COLLECTION RESPONSIBILITIES THROUGH THEIR UNIT STATISTICAL REPORTING AND FINANCIAL DATA CALL INITIATIVES. RECENTLY, CAOM INSTITUTED A NEW INDEMNITY DATA CALL IN ORDER TO OBTAIN DETAILED POLICY AND CLAIM INFORMATION ON INDEMNITY CLAIMS THAT WILL FACILITATE ESTIMATING THE IMPACT OF FUTURE LEGISLATIVE CHANGES. IN ADDITION TO THE DATA COLLECTION, CAOM CONTINUES PROMULGATING EXPERIENCE MODIFICATION FACTORS FOR THE INDUSTRY. FINALLY, CAOM SERVES AS THE PLAN ADMINISTRATOR FOR THE MICHIGAN WORKERS' COMPENSATION PLACEMENT FACILITY WHICH PROVIDES WORKERS' COMPENSATION COVERAGE FOR BUSINESS UNABLE TO PROCURE INSURANCE THROUGH THE VOLUNTARY MARKET