Workers’ Compensation in 2023—Rates May be Down But Risks are Escalating
Total Credits: 2 including 2 CE Credit
- Average Rating:
- 257
- Categories:
- Commercial Lines | MLIS Designation Update Qualified
- Faculty:
- Frank Pennachio
- Course Levels:
- Intermediate
- Duration:
- 2 Hours
- License:
- Expires 30 day(s) after program date.
Description
Workers’ Compensation insurance rates have declined by 41.2 percent over the past five years. Although this is good news for employers, the rate decreases have caused many, both agents and employers, to be lulled into complacency. As a result, significant risks, far greater than the cost of premiums, are not being addressed. In this session, Frank Pennachio will discuss the current state of the workers' compensation market in Florida, How the “can I get you a quote” approach is even more flawed and ineffective during a rate declining market, and what agents can do to differentiate from the competition and capture market share.
Course Materials
| IMPORTANT_CE Credit Instructions_Read Before Webcast_Updated (752.6 KB) | Available after Purchase | ||
| Workers’ Compensation in 2023_Slides (39.04 MB) | Available after Purchase | ||
| Workers Compensation in 2023 Rates May Be Down But Risks are Escalating_Outline (0.01 MB) | Available after Purchase | ||
Faculty
Frank Pennachio Related Seminars and Products
Principal
Oceanus Partners, Resource Pro Company
Frank Pennachio has more than 30 years of experience in the insurance industry as an agency owner and producer. In 2009, he sold his agency and co-founded Oceanus Partners with Susan Toussaint. Today, he is a full-time trainer and consultant to independent insurance agents, insurance carriers, agent associations, and technology companies with “agent as customer.” Recognized as a thought leader in the industry, Frank regularly speaks at conferences and his articles are published by national and regional trade publications.
Dates
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Tue, Jul 15, 2025 - 12:00 PM to 1:43 PM CDT
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Wed, Jul 30, 2025 - 2:00 PM to 3:43 PM CDT
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Mon, Aug 11, 2025 - 8:00 AM to 9:43 AM CDT
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Tue, Aug 26, 2025 - 10:00 AM to 11:43 AM CDT
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Thu, Sep 11, 2025 - 12:00 PM to 1:43 PM CDT
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Fri, Sep 26, 2025 - 2:00 PM to 3:43 PM CDT
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Fri, Oct 03, 2025 - 8:00 AM to 9:43 AM CDT
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Tue, Oct 28, 2025 - 10:00 AM to 11:43 AM CDT
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Tue, Nov 11, 2025 - 12:00 PM to 1:43 PM CST
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Mon, Nov 17, 2025 - 2:00 PM to 3:43 PM CST
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Wed, Dec 10, 2025 - 8:00 AM to 9:43 AM CST
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Mon, Dec 29, 2025 - 10:00 AM to 11:43 AM CST
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