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Event Details


    Date: February 16, 2017, 11:15am – 1:00pm
    Dennis J. Powers, AIC, ARM, SCLA, CPCU, Vice President, Lamb, Little & Co.
    Elgin Community College, University & Business Center, 1700 Spartan Drive - Building E, Elgin, Illinois 60123
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    Presented by: Dennis J. Powers, AIC, ARM, SCLA, CPCU, Vice President, Lamb, Little & Co.

    Do you ever wonder why your Workers Compensation premiums are so high? Understanding the financial impact that Workers Compensation has on an employer can be a very daunting task. How do they calculate my premiums? What is the impact of my experience rating? How do I correctly report claims? Am I better off paying the small claims out of pocket so my premiums don't escalate?

    This session will detail the basic fundamentals for employers to better understand their Workers' Compensation and what the driving factors are that increase or decrease the overall cost. In addition, it will further describe how to employ aggressive claims management and proper accident investigation techniques so that you are spending less on your annual insurance premiums and contributing more to your bottom line.

    In this session you will 

    • Understand your experience rating and how it can lower or raise your premiums
    • Discuss "Freeze those facts" - a toolkit to investigating accidents and fighting insurance fraud
    • Learn how to correctly report claims - if you're doing it wrong it could be costing you $$$$$$

    About the Presenter:

    Dennis J. Powers, AIC, ARM, SCLA, CPCU

    For over 22 years Mr. Powers has been in the insurance industry beginning his career as a private investigator specializing in investigating fraudulent insurance claims against employers. He then spent over 10 years prior to becoming an insurance agent working as a multi-line claims adjuster with a primary focus on workers compensation claims. He is currently an insurance agent working with small to middle market businesses. He is a graduate of Western Illinois with a degree in Criminal Justice. In addition, he has attained his Associate in Risk Management (ARM), Associate in Claims (AIC) and is a Senior Claims Law Associate (SCLA) and Chartered Property Casualty Underwriter (CPCU) program. He is currently working on his Certified Insurance Counselor(CIC) designation. He has specialized in the design, marketing and implementation of a client oriented insurance program. He also provides an expertise in applying the appropriate resources to help his clients contain cost by managing their exposure to risk. His clients include manufacturers, social service agencies, distributors, contractors, and other companies. Mr. Powers has been with Lamb, Little & Co. since March 2009.