Search found 10 matches

by Rob Comeau
Mon Nov 23, 2009 4:01 pm
Forum: Opinions
Topic: Guaranteed cost program versus self-insured group
Replies: 19
Views: 17723

Re: Guaranteed cost program versus self-insured group

Shagster,

Thanks for nice endorsement amigo!

Rob
by Rob Comeau
Mon Nov 23, 2009 3:59 pm
Forum: Opinions
Topic: Guaranteed cost program versus self-insured group
Replies: 19
Views: 17723

Re: Guaranteed cost program versus self-insured group

Chris G, You are correct that a lot of PEO's will load the full employer tax burden plus the comp plus the fees and maintain that price for the duration of the year thus causing a heavy overage on the back end for fees. BBSI works differently however . We do have a constant rate throughout the durat...
by Rob Comeau
Thu Nov 12, 2009 3:26 pm
Forum: Opinions
Topic: Guaranteed cost program versus self-insured group
Replies: 19
Views: 17723

Re: Guaranteed cost program versus self-insured group

Our website is http://www.barrettbusiness.com. If you'd like additional information I'm happy to send you a PowerPoint as well. We were founded in Oregon and are amongst the 3 largest employers in the State.
by Rob Comeau
Fri Nov 06, 2009 12:36 pm
Forum: Opinions
Topic: Guaranteed cost program versus self-insured group
Replies: 19
Views: 17723

Re: Guaranteed cost program versus self-insured group

Hey gents, Thanks for your responses and feedback. We reserve our claims adequately and as an organization would rather not grow then grow our book with bad business. The underwriting and hands on cost control metrics that we extend to our clientele ensure a healthy book of business. If you ever wan...
by Rob Comeau
Tue Nov 03, 2009 4:08 pm
Forum: Opinions
Topic: Guaranteed cost program versus self-insured group
Replies: 19
Views: 17723

Re: Guaranteed cost program versus self-insured group

I understand the skepticism with all the poorly run PEO’s in the past and present marketplace but you would be mistaken lumping an organization like BBSI into that bucket. Our financials are public record as we are a publicly traded organization. Go to http://www.barrettbusiness.com and click on inv...
by Rob Comeau
Mon Oct 26, 2009 10:34 am
Forum: Opinions
Topic: Guaranteed cost program versus self-insured group
Replies: 19
Views: 17723

Re: Guaranteed cost program versus self-insured group

We are a Self-Insured PEO, though not to be associated with some of the BS PEO's out there. Our target market is medium risk blue collar virticles such as: construction, mfg, wholesale trade, trasportation and some AG. Our normal clients have a rating though we have written accounts without dependin...
by Rob Comeau
Tue Oct 20, 2009 3:32 pm
Forum: Opinions
Topic: Guaranteed cost program versus self-insured group
Replies: 19
Views: 17723

Guaranteed cost program versus self-insured group

Guaranteed cost program versus self-insured group There are two types of most commonly used insurance programs in the market: The guaranteed cost program and the self-insured group. The following are the benefits and pitfalls to both and below that is an illustration of how the BBSI model encompass...
by Rob Comeau
Mon Jul 13, 2009 3:54 pm
Forum: Opinions
Topic: California Workers' Comp Market
Replies: 0
Views: 3469

California Workers' Comp Market

The following information is based on the actuarial results compiled from the WCIRB and will illustrate market trends and cost effective solutions. Reasons that factor into the volatility of the California Workers’ Comp Marketplace FROM 2005 TO 2008 THE FOLLOWING HAS TAKEN PLACE WRITTEN PREMIUM HAS ...
by Rob Comeau
Tue Jul 29, 2008 3:15 pm
Forum: Opinions
Topic: Short Rate Penalties
Replies: 1
Views: 2365

Short Rate Penalties

Does anyone know the short rate penalty structure for Applied Underwriters? I have an account that wants to leave but would like to calculate the penalty assessed prior to the move.
by Rob Comeau
Wed Jul 09, 2008 11:00 am
Forum: Hard-to-Place Accounts
Topic: BBSI PEO
Replies: 4
Views: 8125

Re: BBSI PEO

Barrett Business Services or (BBSI) is a Self-Insured Professional Employers Organization that has been in business since 1951, is publicly traded on the nasdaq under the symbol BBSI and does roughly $1.3BB in revenues annually. BBSI is Self-Insured up to $5MM per occurance, with excess insurance fr...