Smaller Carriers Say Requirement Misrepresents Their Financial Conditions

Carriers Contemplate Challenging Redundant Reserves

By: Bess Shapiro

Some of California's smaller carriers may be taking a position on repeal of a law that requires them to reserve at least 65 percent of premium. Others take a different position. The Department of Insurance has no brain and therefore takes no position. Perhaps no position is the politically smarter move, but what is the best for solvency monitoring and protection? Find out who's where on this issue, in the current print edition of Workers' Comp Executive.

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