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30 <br /> NGD <br /> E <br /> Sara)HIM P/MiNI RAU NCY <br /> January 2,2026 <br /> To Whom It May Concern, <br /> Effective 9/1/2025,8MSolar LLC was assigned an experience modifier of 1.22 by the North Carolina Rate Bureau. <br /> As you might be aware,the experience mod is promulgated based on a formula that captures both payroll and <br /> loss data for the purpose of providing an indication of how the business has performed over a three-year period. <br /> I am writing to confirm that 8MSolar LLC, a valued client of Hood Hargett,remains fully committed to <br /> maintaining the highest standards of workplace safety. Despite the current Workers Compensation Experience <br /> Modification Rate(EMR)that is higher than 1.00,they continue to prioritize and implement rigorous safety <br /> protocols designed to ensure the wellbeing of their employees. <br /> 8MSolar has only had one Workers Compensation claim in the last four years. The question arises-with such a <br /> low injury rate,why is the Experience Modification a 1.22? <br /> The answer is that the majority of their installations are subcontracted and therefore they have low payroll <br /> amounts for their employees who oversee the installations. The low payroll figures lead to lower expected losses <br /> regarding claims. In 2023,an employee sustained an injury that led to a claim costing$31,804. It was a fluke <br /> incident but since it was higher than expected,it caused their E-mod to spike. <br /> It is worth noting that their experience modification has been 1.00 or lower since I have advised them over nearly <br /> five years. In 2024-2025,the factor was.90. <br /> 8MSolar's safety practices are aligned with industry's best practices and they invest considerable resources in <br /> ongoing safety training,equipment maintenance,and risk mitigation strategies. We trust that you will agree that <br /> 8MSolar has an exemplary safety record and the recent change in mod will not be an obstacle to your <br /> organization working with this best-in-class contractor. <br /> Sincerely, <br /> rv"T <br /> Alex Haynes <br /> Commercial Insurance Advisor <br /> 704-602-9533 <br /> alex@hoodhargett.com <br />