News Digest 1/10/2008

By: Rick Waldinger

Quote of the day

"The challenge for businesses is to make sure they access this market and find the best value for their premium dollar. That includes both price and service. Now is not the time to ignore loss control, good claims management practices, and solid return-to-work programs just because premiums are rapidly declining."

Mark Webb, vice president of governmental affairs at Employers Direct Insurance Co comments on the continuing decrease in insurer rates

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Publius LXVII: Confirm or Deny
Carrie Nevans, acting Administrative Director of the Division of Workers’ Compensation, is up for confirmation. Publius discusses that confirmation and her tenure so far. Find out if we’re for it, or ag’in, it by clicking right here.
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Think California’s State Fund Has Problems? Others Do, Too
Not only State Fund of California has problems. Workers’ Comp Executive examines two other state funds that are embroiled in scandals of epic proportions.
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Mary Hartman? The Really Big Legal Issues!
The New Year bodes interesting for workers’ comp cases. Will the applicants succeed in increasing their income? Will the outcome increase employers’ costs? Will uncertainly reign? What about a stable and predicable market? What exactly is the issue that has attorneys gearing up for some barnburner cases? Find out on the next installment of Mary Hartman Mary Hartman – or in our industry – in the Workers Comp Executive. Premium subscribers can find out by clicking here or read it in the current print edition.
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Competition and Price Cutting
Brokers tell Workers Comp Executive who’s writing what and—shall we say—for how little? Premium subscribers can read about the state of the competitive market by clicking here.
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Top 10 Stories of 2007
Read all about the hottest workers’ comp events in California in 2007 and get updates on all the stories in this retrospective into last year. You’ll remember most of them, click here to read them.
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New 24-Hour Study Has Logical Flaws
The new study by the Commission on Health and Safety and Workers’ Compensation on the benefits of 24-hour care—melding workers’ comp and health coverage in a single package—asserts that it would make both forms of coverage more affordable. But flawed data may discredit this report. Premium subscribers can get all of the details by clicking here or in the current print edition of Workers’ Comp Executive.
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Third-Quarter 2007 National Workers’ Comp Results
In this issue we publish the third quarter national workers’ comp results of carriers that also write business in California. This comprehensive list shows the premiums written and year-to-date loss percentages for all carriers with any significant amounts of workers’ comp business. Click here.
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