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.