Farmers Insurance Enables Pay-as-You-Go Option for Work Comp Insureds

Farmers Insurance has joined the tide of insurers offering pay-as-you-go systems for workers' compensation policies. The systems allow insureds to pay their premiums in real time based on payroll. The Hartford and Travelers are among the companies that have enabled this method of payment. Farmers introduced the "RealTime Billing" option in 25 states: Alabama, Arizona, Arkansas, Colorado, Connecticut, Georgia, Illinois, Indiana, Iowa, Kansas, Maryland, Michigan, Minnesota, Missouri, Nebraska, New Jersey, New Mexico, New York, Oklahoma, Pennsylvania, South Dakota, Tennessee,...