The 2020 workers’ comp assessments are out. California employers will be paying more to fund the workers’ comp system. How much more? Get the details here.
The 2020 pure premium rate decision is in and it is good news for California employers. What’s the final rate and why did the California Department of Insurance go deeper than the industry wanted? Get the details here.
The CDI Conservation and Liquidation office is permitting Applied Underwriters’’ California insurance Company to continue to write new and renewal business. Find out about it here….
The purported sale/merger/redomestication of California Insurance Company is becoming surreal. Did CDI seize the carrier? Does the carrier even exist? Get the latest by clicking here.
Applied Underwriters’ California Insurance Company is now operating under a court-ordered conservatorship according to the California Department of Insurance. Click here for the latest in this developing story.
Like all things Applied, clarity is at best opaque and perhaps obscure. And the present situation is no different. Was there a sale or not? Was there a merger or not? As the 1940s radio program The Shadow’s tagline used to say: “Who knows what evil lurks within the hearts of men?” Get what we know so far here ….
The Saga Applied Underwriters’ – Veracity or Verbosity…
Is Applied’s CIC Admitted in California or not? It’s has stopped quoting new and renewal business. Are existing in-force policies in force or not? These and other questions are answered in this edition of the Saga Applied Underwriters’ – Veracity or Verbosity – Click here for an amazing read …
More Applied Underwriters Confusion. The California Department says it may have lost its certificate of authority its polices may not be legal. What a mess. Read it here.
Did Applied Underwriters and Berkshire Hathaway defy California regulators in moving forward with the change in ownership? We’ve got the official statement from the Department in this developing story. Get the details here.
The delayed sale of Applied Underwriters is finally complete. What conditions did the regulators impose? Get the details here.
A fight breaks out between the California Insurance Department Judges and the Lara Administration. CDI officials are ramping up pressure on its independent administrative law judges hearing an Applied Underwriters’ cases. The judges aren’t caving. Read about it here.
Applied Underwriters missed a key deadline in its plan to break off from Berkshire Hathaway and millions of dollars are now at risk. What’s the latest in the controversial deal?
The pending sale of Applied Underwriters has former insureds and current litigants concerned. What protections are they seeking from the California Department of Insurance? Get the details here.
Calls are emerging for a criminal investigation of California’s insurance commissioner and the insurance industry executives linked to political contributions. The scandal is also expanding to other politicians. Get the latest by clicking here.
California’s labor marketplace is changing and experts predict a litigious future for the state’s employers. Who will be the initial targets? Get the story here.
New facts shire a bright light on embattled California Insurance Commissioner Ricardo Lara’s troubles. As more details emerge the question arises about how long he will be able to continue in office. Click here for the newest revelations…
A major PEO and staffing company head is facing new federal charges for failing to remit payroll taxes to the IRS. Who is in the hot seat and how much is allegedly owed? Get the story here.
Flash: Compline to provide 2020 X-Mods Daily – Plus Lower Rating Thresholds, Classification Changes & More
What are the changes that could be affecting your workers' comp policy next year? Oh yea, and Compline has the 2020 X-Mods. Get the story here.
After a five-year hiatus, State Fund is again going to pay a dividend to its insured. How much, who is eligible and when will you see the money? We’ve got the details. Click here.
In what is becoming a pattern of continuing crookery there is yet another story in the Ricardo Lara chronicles of corruption. He directed Funds to a Charity when he was CEO. Click here for the details …
Ricardo Lara Spanked by Administrative Law Judges in another Applied Underwriters’ case. Get the dope (and some enlightenment)
The Bureau’s members just finished voting on the 2020 pure premium rate filing. What are rates going to do in 2020? Get the details here.
Insurance Commissioner Ricardo Lara’s troubles from the Applied Underwriters’ mess are growing. A important new legal front is opening up. Get the latest by clicking here.
A California Department of Insurance administrative law judge just said no to embattled Commissioner Ricardo Lara. It is in another Applied Underwriters case. And the decision by the ALJ may be very telling concerning recent moves by the Commissioner. Get the story here.
Troubling revelations continue to emerge from the Lara campaign contribution scandal involving contributions from individuals linked to Applied Underwriters. It also mdeans more trouble for former EquityComp participants. Get the story here.
Everyone knows that California Insurance Commissioner Ricardo Lara took money into his 2020 campaign from individuals related to Applied Underwriters. The evidence in the timeline of events strongly suggests that he took official actions after receiving Applied Underwriters’ money. Click here for the details…
Applied Underwriters’ has been sold. Find out to whom and read why some people think it was done.
Berkshire Hathaway plans to offload a key workers' comp subsidiary. What’s the latest in the sale of Applied Underwriters?
Insurance carrier representatives shot down a call for a mid-year workers' comp rate filing. What could the change have been? Get the details here.
In exclusive interviews and written communications with Workers’ Comp Executive former DIR Director Christine Baker responds directly to the State Auditor’s recent critical report. Baker, in her own inimitable fashion goes directly to the relevant points. This story can’t be found anywhere else – and we include links to the full text of the Auditors report, Baker’s full and unedited statement to the Executive and even an email she sent to California’s labor and management leaders. Read it and learn what the behind-the-scenes back story really is.
New Jersey’s Insurance Commissioner is taking on Applied Underwriters over its unfiled and unapproved reinsurance participation agreements. What are the potential penalties and when might they take effect? Get the details here.
Has Warren Buffett tired of the shenanigans at his troubled Applied Underwriters subsidiary? The unit has been making headlines for all the wrong reasons and a new report says a split is coming. Click here.
The Department of Industrial Relations’ top labor law enforcer is shining a spotlight on an illegal workers' comp program. A MEWA that purports to be an alternative to actual insurance isn’t. Employers are facing potential stop orders and fines. Get the details here.
State Compensation Insurance Fund and the California Department of Insurance have reached a settlement in a dispute that potentially affected thousands of State Fund policyholders. What’s changing in the decision and how will it affect other disputes? Get the story here.
Principals of the MEWA have been indicted, and sales have been stopped. It took years, some cases by the California Department, and finally a federal indictment. Click here for the story.
The verdict is in and the Ninth Circuit backed the little guy in a fight brought by Applied Underwriters and its parent Berkshire Hathaway. Get the full details by clicking here.
Court decisions against Applied Underwriters EquityComp Program and its unfiled and unapproved EquityComp reinsurance participation agreement are stacking up. Employers are beginning to see money results and out of long-term debts. Which court just ruled against the Berkshire Hathaway subsidiary and why? Get the details here.
A major player in California workers' comp markets is now a privately held company. Get the final details here.
California’s 2019 workers' comp assessment rates are out. Get the details here.
The 2019 rate decision is in and it is good news for California employers. How deep is Insurance Commissioner Dave Jones’ final pure premium rate cut? Get the details here.