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Agent Agenda

Minnesota paid leave laws and workers’ compensation benefits

Employers may wonder how these statutes intersect with workers’ compensation benefits.

Federal and state OSHA fines: 2024

There are several state OSHA fines to be aware of, in addition to federal standards.

Communicate premium increases due to endorsements

Billing changes due to endorsements can catch policyholders off guard. When agents receive a notice of an endorsement, they can help ease the concerns of policyholders by alerting them right away.

Independent contractors: New DOL rule

A new U.S. Department of Labor (DOL) rule regarding who qualifies as an independent contractor took effect in the spring of 2024.

SFM promotional videos now available

Promotional videos about SFM are available on YouTube.

Driving safety webinar recording available

The recording of SFM’s recent webinar on safe driving and the implications for workers’ compensation is now available for agents and clients.

Upcoming e-mods available in SAM

You can find a wealth of information on current policies in SFM Agency Manager (SAM), including the upcoming e-mod for policies that are renewing soon.

SFM Foundation golf events raise $160,000

2024 golf events in Minnesota and Iowa raised more than $160,000. In total, more than 260 golfers came out for the events, and sponsors continued to help bolster the fundraising effort.

SFM attending industry events – summer and fall 2024

SFM is attending several industry events during the summer and fall of 2024.

Underwriter accomplishments – 2024 midyear update

Here’s a look at the latest updates and milestones for SFM’s underwriting staff over the past few months of 2024.

2023 Results: Customer service focus drives another strong year

SFM recorded yet another excellent year in 2023, continuing its strong performance across all core metrics, from policyholder retention to new business and total written premium.

SFM resource catalog upgrades

SFM has made several enhancements to its resource catalog to create a better user experience for policyholders and agents.

SFM continues to improve SAM system

SFM recently made additional enhancements to its SFM Agency Manager (SAM) system to streamline the process for agents and make SAM more user friendly.

SFM prioritizes in-house premium audits

While agents often hear frustrations from clients when it comes to dealing with third-party vendors for premium audits, SFM continues to conduct nearly all audits in-house.

Injured worker portal – easy access to claim information

Remind policyholders to tell injured workers to register for our Claim Connection portal so they can track the progress of their claim.

SFM underwriter accomplishments

A look at the latest updates and milestones for SFM’s underwriting staff over the past few months.

SFM attending spring 2024 industry events

SFM is planning to participate in several 2024 industry events in the coming months.

Letter from the President: Following a tough act

Key takeaways and highlights from 2023 at SFM from President & CEO Terry Miller.

SFM continues growth outside of Minnesota

SFM is diversifying and expanding its footprint in the realm of workers’ compensation insurance.

Webinar recordings: foundations of hiring and onboarding, more educational videos

SFM recently hosted another educational webinar for our policyholders and agents on hiring and onboarding, which is available to view on our website.

Featured resources for agents and policyholders

SFM’s online resource catalog offers a wide range of educational resources designed to help policyholders prevent injuries, manage their claim activity and learn more about workers’ compensation.

SAM security enhancements coming soon

SFM is introducing multi-factor authentication and new password requirements.

SFM enhances MyPayroll premium audit system

SFM is making upgrades to its online MyPayroll system with new features and a streamlined process to make it even easier for policyholders to complete their annual premium audit.

SFM underwriter accomplishments

Updates and milestones for SFM’s underwriting staff in the last quarter of 2023.

SFM attending upcoming 2024 industry events

SFM is attending several 2024 industry events.

Reminder: SFM offers pay-as-you-go option

SFM’s pay-as-you-go wage reporting system allows policyholders to make premium payments that match with payroll throughout the year.

Workers’ compensation rates continue to decrease

As rates for other lines of insurance climb, workers’ compensation rates are steadily decreasing. The explanation for this positive trend is simple – workers’ compensation claim frequency has declined for all but two of the past 20 years, according to NCCI.

SFM’s 2023 mid-year results: Strong premium development, competitive pricing, continued claim challenges

The first half of 2023 is in the books, and it’s already been a remarkable year for SFM in a number of ways. New and renewal premium results have been outstanding, customer retention continues to be very strong and claim activity is trending in the right direction as the year unfolds.

Multi-factor authentication coming to CompOnline

To enhance security, SFM is introducing multi-factor authentication and longer password requirements for CompOnline users starting January 5, 2024.

SFM to host educational webinar for policyholders on hiring and training new employees

Join us on November 15 as we discuss best practices for hiring and training new employees. Learn how establishing good fundamentals can increase employee safety and help your business succeed in the long run.

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