NCCI Update on Endorsement, Definitions, and Data Subcommittees
The updates below are provided by the NCCI and its subcommittees representing PEO/Temp Staffing ventures such as 1) new PEO alternate co-employment endorsement, 2) PEO vs Temp Staffing definitions, and 3) POC/data reporting. All related documents to this update are posted below the highlights and can downloaded to your computer or mobile device.
Endorsement Sub-Committee
PEO CO Alternate Co-Employment Endorsement very well received
Additional research to be done by subcommittee to identify states where co-employment may be named something else and/or is not applicable to identify state exceptions that may be needed for the endorsement
No interest at this time in additional paper endorsements for adding and deleting clients
The subcommittee would like to continue on to:
Poll carriers on their use of the industry endorsements
Look into the interest in modernizing the forms with today’s language, and report back to the committee accordingly
Definitions Sub-Committee
It was discussed that both ASA and NAPEO are in agreement with the definitions provided; including sign-off from their respective Boards
The similarities and differences were discussed between PEOs and staffing firms
Recommendations on enhancing the definitions are requested for review by the sub-committee
POC/Data Sub-Committee
Findings were well received and accepted by the committee
NAPEO expressed interest in working on an article for their magazine and possibly a webinar to work with clients to get carriers the information that they need that can ultimately be passed on to the state regulatory agencies through proof of coverage
PEO Data - POC Subcommittee Update 07-23-14PEO Definition Final for NCCINCCI - Definitions NCCI PEO Endorsement Subcommittee NCCI PEO Specific Endorsments-State Grid NCOIL PEOPEO CO Alternate Co-Employment Endorsement 5-19-14Staffing Service Definition
Join the Conversation on Linkedin | About PEO Compass
The PEO Compass was founded by Paul Hughes in 2012. The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better. All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.
To contact a PEO expert, please visit Libertate Insurance Services, LLC and RiskMD.
Join the Conversation on Linkedin | About PEO Compass
The PEO Compass was founded by Paul Hughes in 2012. The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better. All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.
To contact a PEO expert, please visit Libertate Insurance Services, LLC and RiskMD.