As I posted last time, the reserve review timing has nothing to do with your policy renewal date. Do not waste your time with reserve reviews at your policy renewal, as your E-Mod has already been calculated with figures from six months before the end of the policy.

The way that most state insurance systems promulgate an E-Mod is to use the reserves that were on the files as of 6/30/2008 for your 1/1/2009 policy renewal date. I cannot say that I agree with the way this has been structured, but it is the system that is in place.

The best time to start looking at reserves is in 3/2009 for your 1/1/2010. The file reserves that are in place for your files on 06/30/09 will be the ones used for your policy renewal next year.

If your policy does not renew on 1/1, then just add six months onto the policy renewal date. This is better known as the Unistat date. All carriers that have had Workers Comp claims with your company are required to file your reserve amounts by this date.

Next up - How soon can you receive your E-mod before the next policy renewal date?