Discontinued — last reported Q1 '22
Peo — Maximum Individual Claims Liability Workers Compensation Insurance
Paychex Peo — Maximum Individual Claims Liability Workers Compensation Insurance remained flat by 0.0% to $250.00K in Q1 2022 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $250.00K to $250.00K. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A higher maximum liability indicates greater exposure to individual catastrophic claims, whereas a lower maximum indicates more robust risk transfer through reinsurance or insurance policies.
Detailed definition
This metric defines the upper bound or cap on financial liability for a single workers' compensation insurance claim wit...
Peer comparison
Comparable to per-occurrence retention levels or self-insured retention limits found in the risk management disclosures of peer PEOs and insurance firms.
payx_segment_peo_maximum_individual_claims_liability_workers_compensation_insuranceHistorical Data
| FY'21 | FY'22 | |
|---|---|---|
| Value | $1.00M | $1.00M |
| YoY Change | — | +0.0% |
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Frequently Asked Questions
- What is Paychex's peo — maximum individual claims liability workers compensation insurance?
- Paychex (PAYX) reported peo — maximum individual claims liability workers compensation insurance of $250.00K in Q1 2022.
- How has Paychex's peo — maximum individual claims liability workers compensation insurance changed year-over-year?
- Paychex's peo — maximum individual claims liability workers compensation insurance decreased by 0.0% year-over-year, from $250.00K to $250.00K.
- What does peo — maximum individual claims liability workers compensation insurance mean?
- The maximum amount the company is liable for on a single workers' compensation claim before insurance coverage limits are reached.