January 16, 2024
Featured resources for agents and policyholdersSFM’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.
January 16, 2024
SAM security enhancements coming soonSFM is introducing multi-factor authentication and new password requirements.
January 16, 2024
SFM enhances MyPayroll premium audit systemSFM 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.
January 16, 2024
SFM underwriter accomplishmentsUpdates and milestones for SFM’s underwriting staff in the last quarter of 2023.
January 16, 2024
SFM attending upcoming 2024 industry eventsSFM is attending several 2024 industry events.
January 16, 2024
Reminder: SFM offers pay-as-you-go optionSFM’s pay-as-you-go wage reporting system allows policyholders to make premium payments that match with payroll throughout the year.
January 16, 2024
Workers’ compensation rates continue to decreaseAs 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.
January 4, 2024
Get to know an SFM employee: Meet a member of our in-house legal teamPeter Lindquist has been part of the legal team at SFM since 2018. He has been a practicing attorney for several years. We asked Lindquist to share a little bit about his background and role.
January 4, 2024
Why watching prescriptions closely is so importantSFM works hard to make sure injured workers’ medications are managed well, and as part of that effort, SFM partners with pharmacy benefits manager, myMatrixx.
November 9, 2023
New CompOnline administrator guide availableSFM has released a new version of CompOnline. The improvements enhance security, provide more permissions to the administrator and streamline our behind-the-scenes processes allowing us to serve you even better.
October 4, 2023
SFM’s 2023 mid-year results: Strong premium development, competitive pricing, continued claim challengesThe 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.
October 4, 2023
Multi-factor authentication coming to CompOnlineTo enhance security, SFM is introducing multi-factor authentication and longer password requirements for CompOnline users starting January 5, 2024.
October 4, 2023
SFM to host educational webinar for policyholders on hiring and training new employeesJoin 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.
October 4, 2023
Sign up for alerts in SAMDid you know you can get email alerts to help you keep up with your clients’ claim developments? Learn about the various alerts you can get through SFM Agency Manager (SAM).
October 4, 2023
Featured resources for agents and policyholdersSFM’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.
October 4, 2023
SFM underwriter accomplishmentsHere’s a look at the promotions, awards, retirements, and other milestones of SFM underwriters so far in 2023.
October 4, 2023
SFM Foundation to host two fall fundraising eventsThis fall brings two opportunities to support the SFM Foundation with events in Minnesota and Iowa with the Minnesota Fall Fundraising Event on November 9 and new Iowa Bowling for Scholarships event on November 2.
September 26, 2023
MN work comp law change regarding notice of non-emergency surgeryMinnesota workers’ compensation law changed recently to allow an employee to notify their employer directly of a request for non-emergency surgery. Once notice has been given, the employer or insurer has seven days to give a response to the request.
September 25, 2023
Hiring practices: Thorough processes can prevent injuries and problem claimsFollowing a thorough hiring process is one important way you can prevent problem workers’ compensation claims, along with other challenges. Choosing the right employee for a role is rarely easy, but there are steps you can include in your process to help you more confidently make hiring decisions.
September 25, 2023
Pre-task planning: Prepare and be aware for successful injury preventionTaking time for pre-task planning allows employees to focus on recognizing hazards and putting controls in place to prevent incidents from occurring.
September 25, 2023
Get to know an SFM employee: Meet a member of our in-house bill review teamKirsten Peterson has been a Medical Support Representative at SFM for two years, and in the workers’ compensation industry for 15 years. Kirsten is part of SFM’s in-house bill review team. We asked Peterson to share a little bit about her background and her role.
September 25, 2023
Companion moving to electronic deliverySFM’s Companion magazine for policyholders will be delivered via email only starting with the January 2024 edition.
July 24, 2023
Recreational marijuana: How Minnesota’s new law may impact work comp and workplace policiesOn May 30, 2023, Gov. Tim Walz signed the state’s recreational marijuana bill, making Minnesota the 23rd state in the U.S. to legalize recreational marijuana for adult use. The new law contains several provisions that affect employers doing business in Minnesota, addressing changes to medical marijuana, use of off-duty lawful consumable products, drug testing in the workplace, as well as implementation of workplace policies.
July 11, 2023
SFM expands market presence throughout its territorySFM increased written premium and market share in every one of its core states in 2022, and results so far this year show continued momentum. Premium for the first quarter of 2023 came in well ahead of projections, up 12% from the same period the prior year.
July 11, 2023
It starts with the interview: Tips for your clients to reduce new hire injuriesDid you know that agents can play a role in their clients’ good hiring and safety training practices? Claims statistics show that new employees are more susceptible to injury. Those work comp claims come with a cost.
July 11, 2023
SFM’s top class codesSFM writes business in more than 400 class codes. The following lists of our top 20 new business class codes by policy count and premium will give you an idea of where we’re seeing the most success.
July 11, 2023
Play back our recent webinar on return-to-work best practices and view our library of educational videosSFM recently hosted another educational webinar for our policyholders and agents titled “The Fundamentals of a Return-to-Work Program” and it’s still available for you to view.
July 11, 2023
Featured resources for agents and policyholdersSFM’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.
July 11, 2023
SFM attending upcoming 2023 industry eventsSFM is planning to participate in several insurance industry events in the coming months.
June 29, 2023
SFM Foundation awards 16 new scholarships, holds 2023 golf fundraisers15 years after the SFM Foundation began their mission to help make college affordable for students affected by work injuries, they’ve granted 232 scholarships totaling $3.7 million, including $502,000 awarded to 16 new recipients announced in May. The 2023 Minnesota golf event raised $125,000 and the Iowa event raised $45,000 for the scholarship program.
