Securing workers’ compensation coverage for businesses operating in multiple states can be a daunting challenge for insurance agents. Each state has its own unique regulations, classification codes, and compliance requirements, making it difficult to secure seamless coverage under a single policy. For high-mod clients — businesses with a history of frequent or severe claims — this challenge becomes even more pronounced, as many standard carriers hesitate to take on the increased risk.
At Landmark Wholesale, we specialize in helping agents place coverage for complex, multi-state exposures. Through a combination of exclusive market access, expert underwriting, and proactive claims management, we simplify the process, allowing agents to support their clients more effectively while reducing administrative burdens.
The Challenges of Multi-State Workers’ Comp
Workers’ compensation laws vary from state to state, and businesses with operations in multiple jurisdictions must navigate these differences carefully. What is considered an accepted industry standard in one state may not apply in another. This inconsistency creates coverage gaps, compliance risks, and added complexities for agents trying to secure the right policy for their clients.
Another major hurdle is classification codes and experience modification (e-mod) calculations. Each state has its own way of assessing risk and determining premiums, and businesses that operate in multiple states may be subject to different classification codes for similar job roles. This situation can lead to discrepancies in premiums, unexpected cost increases, and difficulties in managing claims.
For high-mod clients, these challenges are even more significant. Businesses with elevated risk profiles may struggle to find a carrier willing to offer competitive pricing, or they may face policy rejections altogether. Without a strategic approach, securing comprehensive coverage can become nearly impossible.
Why Traditional Markets Fall Short
Standard insurance markets often lack the flexibility to accommodate multi-state exposures, leaving agents to piece together separate policies for each jurisdiction. This fragmented approach is not only inefficient but also increases the risk of coverage gaps and compliance issues.
Additionally, most traditional carriers are hesitant to insure high-risk businesses, particularly those with a history of frequent claims. High-mod clients often find themselves facing excessive premiums, restrictive policy terms, or outright denials. Agents working with these businesses must look beyond conventional insurance markets to find viable solutions that protect their clients without inflating costs.
How Landmark Simplifies Multi-State Placements
Landmark Wholesale specializes in workers’ comp solutions designed specifically for businesses with complex, multi-state exposures. By leveraging our nationwide network of carriers and alternative risk programs, we offer agents access to coverage options that traditional markets simply can’t provide.
Nationwide Access to Exclusive Markets
Our extensive industry relationships allow us to place coverage for businesses in high-risk sectors such as staffing, healthcare, transportation, and construction. Unlike standard markets, we work with AM Best A-rated carriers that understand the nuances of multi-state workers’ comp and can accommodate challenging risks.
Coverage Consolidation
Rather than juggling multiple policies across different states, we help agents consolidate coverage under a more streamlined solution. This reduces administrative inefficiencies, minimizes the risk of policy gaps, and ensures consistent compliance with state-specific requirements.
Tech-Driven Risk and Claims Management
Managing workers’ comp claims across multiple states requires real-time oversight and strategic intervention. Our tech-enabled platform provides agents and their clients with instant access to claims data, allowing for faster decision-making and more efficient claim resolutions. Additionally, our proactive claims advocacy team works directly with insurers to reduce claim severity, control costs, and improve loss outcomes.
Compliance Support and Risk Mitigation
State-specific regulations can be overwhelming, especially for businesses operating in multiple jurisdictions. Landmark provides expert guidance on compliance matters, helping businesses navigate complex state laws, manage audits, and implement risk-reduction strategies that improve their overall claims history.
Partner With Landmark for Multi-State Solutions
Securing workers’ comp for multi-state exposures doesn’t have to be complicated. With Landmark Wholesale, agents gain access to tailored coverage solutions, expert consultation, and ongoing claims management support. Whether your client operates in two states or 20, our solutions help ensure seamless coverage, regulatory compliance, and cost-effective risk management.
Submit a risk for evaluation today, or schedule a consultation to learn how Landmark can simplify multi-state workers’ comp placements. Contact Landmark Wholesale to get started.
About Landmark Wholesale
Landmark is a nationally licensed facility for tough-to-place risk with a focus on securing alternate workers’ comp solutions. From PEOs to specialty programs, we offer access to coverage solutions other wholesalers can’t. Our recent placements include complex risks in staffing, transportation, and construction sectors — demonstrating our ability to secure coverage where others fail. Partner with Landmark Wholesale to find solutions for your toughest accounts and expand your market reach.
