By Glenda Moyle, Premium Accounting Manager

Wow, can you believe another year has gone by. And what that means is its final audit time again for our January renewals. When we issued your policy, you gave us estimated payrolls by class codes on which we were to base your premium. The final audit will give us actual payrolls, by class codes, to see if you owe us more premium or we owe you a refund of premium. About half of our policyholde

rs will be going through their final audit in the next couple of weeks. If you haven’t already been contacted by our audit company, The Aprise Group, you will be shortly.

Your renewal packet consisted of all of your renewal documents as well as a sheet titled, “Guidelines for Your Premium Audit.” Please use that document as well as the information in the list of inclusions and exclusions on the back side of the newsletter when preparing for your upcoming audit.

For over 30 years I have been helping you with this process and I continue to be ready to answer your questions.