Who Assigns Work Comp Class Codes?
• Class codes can be initially assigned or modified by several different sources. The typical group of folks who have something to say about work comp classification assignment are listed below: • Insurance Agent – Workers compensation class codes can be initially assigned by an insurance agent who provides workers compensation insurance to the employer in question. The agent will typically ask qualifying questions of the employer to try and determine exactly what operations the employer’s business performs. Then try and determine the correct class code to make application to the insurance company for coverage. • The Insurance Company Underwriter – After an agent submits the workers compensation application to the insurance company it will be reviewed by the underwriter who may agree with the agent in his classification of the exposure or who may change the class code to another that they feel more appropriate. • The Insurance Company Auditor – After the policy period for the workers c
