Quote of the day
“My order with regard to the average advisory pure premium rate reflects an early warning of growing costs in the workers’ compensation system that may need further study to inform possible actions by the State Legislature and Governor,”
– Insurance Commissioner Ricardo Lara on his decision to approve an 8.7% rate increase.
Billions In Potential Savings From SIBTF Reforms
New analysis shows that California employers are on the hook for billions more in Subsequent Injuries Benefits Trust Fund costs than previously thought. Where are the new costs coming from, and what can be done to eliminate much of this liability?
Workers’ Comp Experience Deteriorates
How big of an underwriting loss did the workers’ comp industry take last year? What were the driving factors?
Alleged Cappers Referred Over 13,000 Cases
Criminal charges were against two applicants’ attorneys and a couple accused of capping. How did the scheme work?
Appeals Court Rejects CIC’s Arguments Again
What did the First District Court of Appeal have to say about Applied Underwriters’ arguments against the state’s rehabilitation plan for California Insurance Company? How far does the Commissioner’s authority go in conservation proceedings?
Private Self-Insureds’ 2024 Experience
How much did private self-insured employers pay last year to provide medical care and lost time payments to their injured workers? How do the costs compare to the insured market?
Appeals Court IDs Possible Exception To Privette Doctrine
Did a building owner go too far in telling a contractor how a job should be done and expose themselves to a negligence lawsuit? The Second District addressed the issue in a recent opinion.
Commissioner Approves Anti-Fraud Funding Split Among DAs
Who is getting the millions of dollars that California employers put up each year to fight workers’ comp fraud? How are the individual awards changing?
280 Classes Face Major Rate Increase
There are 20 different workers’ comp classifications facing at least a 28% increase in rates this fall. What are the covered operations, and who is being hit the hardest by the rate increases?