Flash Report: Golden Eagle Out of Workers Comp

By: Workers' Comp Executive - The journal of record for the workers' comp community in California.

Finalizing four years of waning involvement in the California workers compensation market, Golden Eagle Insurance Co. has decided to pull the plug.In a June 5 memo to agents obtained by the Executive, Golden Eagle President Frank Kotarba wrote that the insurer just could not turn a profit in the California workers compensation business. Despite shrinking its workers comp book, reducing exposure and increasing prices, Golden Eagle has been unable to climb into the black. Through the firs

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