If a large employer has a current workers compensation policy with an experience modification factor above 1.00, which of the following is the most accurate statement?

The employer has recently modified its products and services

The employer has experienced a reduction in total payroll during the last year

The employer has had better- than-expected claims experience during the last few years

The employer has had worse-than-expected claims experience during the last few years

Answer: The employer has had worse-than-expected claims experience during the last few years