News Digest 11/21/2007

By: Rick Waldinger

Quote of the day

"FTCR has done many good things for California and Californians. But when what appears to be a personal beef impugns the Insurance Commissioner's integrity, who promised and has delivered an open administration, then a line has been crossed. The sooner FTCR steps back from that line, the better for all Californians."

J. Dale Debber, publisher, Workers' Comp Executive, in an editorial about the consumer group Foundation for Taxpayer & Consumer Rights

Go to the full story in the Workers' Comp Executive

Note to our subscribers: The Workers’ Comp Executive News Digest will resume publication Monday, Nov. 26, 2007, in observance of the Thanksgiving holiday.

Dale Debber Asks If State Fund Has Control of Contractor Pure Premium
Providence Publications has done a study and concluded that State Fund writes 73% of all insured contractors in California. It therefore could be in a position to control the calculations leading to pure premium, X-Mods and might possibly lead to predatory pricing. Find out what the data says, what could be done to create a more transparent state fund and what Debber thinks the Department, Legislature and policyholders should be able to know. This is clear content so all you have to do is click here …..
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Pundits Ponder AME/QME Divide
Are all medical evaluators created equal? What is the difference between a QME and an AME? Are there different requirements to become one or the other? What about fees? Does one get to charge more than the other? If any of this makes a difference to you or your clients (or if claims affect you or your job), you can find out – if you’re a premium subscriber – by clicking right here. Others can read about it in the print edition of Workers’ Comp Executive
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SCIF Group Directly Solicits Employers to Move Out
There is certainly political intrigue, but is there any dirty dealing as one of SCIF’s largest (and discontinued) Group Administrators starts moving its groups out of State Fund to the private market? You decide as you read this whodunit in the latest print edition of Workers’ Comp Executive. Who’s mad and who’s not? Premium subscribers can find out by clicking right here right now. Others will have to forego the experience or get it in the print edition.
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Publius LXVII. Spreading the—Risk
Will the owners of the workers’ comp system please stand up and be counted as being for the small employer? Don’t know who owns the system? Publius explains. And it’s an indictment of sorts of the big guys versus the little guys. An insightful and thought-provoking piece by Publius offers ideas for public discourse. It is original and clear content, so click here to read it.
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Contractors Find More Willing Carriers
We know State Fund is losing contractors, but who writes them now and why? Find the trends in the numbers and why carriers are so interested. How long will it last? Premium subscribers can find out all this and more, including which carriers want what, by clicking here. All print subscribers are automatically premium subscribers, so subscribe to one, get both.
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Answers from the Workers’ Comp Task Force
The Workers’ Compensation Task Force of the California Department of Insurance is charged with investigating State Compensation Insurance Fund, the Workers’ Compensation Insurance Rating Bureau’s ratemaking methodology and more. In this issue, Workers’ Comp Executive interviews the panel’s chairman for an update on its progress. And yes, we got some actual answers. Read them by clicking here or see them in the current print edition of Workers’ Comp Executive.
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What’s in Store Next Year at the Capitol?
Legislative insiders sound off on what the industry can expect in workers’ comp legislation and political wrangling during the 2008 election year. Global warming may not be as hot as the upcoming legislative session. Find out what our “who’s who” list thinks in the current print edition of Workers’ Comp Executive. Premium subscribers can click here, but of course you already knew that.
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Harvey vs. Bill: Can’t We All Just Get Along?
In this balanced editorial, publisher Dale Debber comments on the recent dustup between Harvey Rosenfeld’s Foundation for Taxpayer & Consumer Rights and Insurance Commissioner Steve Poizner. It is clear content; enjoy the read by clicking here.
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Constitution State Rates to Rise 3.4 Percent
Workers’ comp rates will rise by an average of 3.4 percent in 2008 for Connecticut employers that buy policies in the regular market, and businesses in the “assigned risk pool,” which will see smaller increases. The climb is slightly bit steeper than in recent years and reflects a broad array of rate increases and some decreases. By Diane Levick, Hartford Courant

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