Quote of the day
"It's more of a pricing analysis and its projection on RBC. The question is do we do a full-blown analysis on an annual basis or a quarterly basis."
Doug Barker, chief of the Department's rate filing bureau, on whether the California Department of Insurance should conduct a quarterly pricing analysis on carriers.
Department Weights Industry Comments on Deductible Proposal
The California Department of Insurance says it feels the industry’s pain in regard to its proposed regulation on deductible policies, but does that extend to redrafting the reg? Find out what the industry vented in a recent public hearing and what the Department’s plans are in the current print edition of Workers’ Comp Executive.
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Roofer with No Employees Set On Reversing Onerous Law
Roofer Scott Hieb pays $527 to fulfill a legislative workers’ comp requirement. State Fund was behind this bill, and State Fund one of its groups benefit from premium without exposure, and from fees and dues. Is this proof of the group scandals at State Fund? Read the whole story in the current print edition of Workers’ Comp Executive.
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Fraud Commission Wants SIU Audits Made Public
Will making CDI audits of carriers Fraud Units public encourage the carriers to move towards improving? Who is cooperative and who is not? Read the whole story in this week’s print edition of Workers’ Comp Executive.
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List of Workers’ Comp Carriers Filing Rate Changes
There was quite a range of rate filings by workers’ comp carriers in California for 2007. Get the list in the current print edition of Workers’ Comp Executive.
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Will Sheet Metal Contractors Catch a Break?
Roofing is one of the hardest risks to insure, but sheet metal contractors say they can do it safer. Does California Insurance Commissioner Garamendi agree? What about the Bureau? Who wants to do what to whom, in the OAL, in the courts, in the Bureau, in the Department, and everywhere else? Here is where to read it: in the current print edition of Workers’ Comp Executive.
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Publius: Forward-Looking Statement
Publius sets forth principles for measuring the governance of State Compensation Insurance Fund. Publius is done with the usual wit and style. Read it now by clicking here…
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2006 Review: California Appellate Court Decisions in Workers’ Compensation Cases
Judge Doug Moore outlines the conflicts and decisions in a couple of recent Appellate Court cases. Read his outline and analysis in the current print edition of Workers’ Comp Executive.
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Fremont Officers Respond to Department Suit
Officers of now-defunct Fremont Indemnity Insurance Company have asked the court to find that the California Department of Insurance lawsuit against them is time-barred. Reinsurance games aside, where is this suit going? Find out in the current print edition of Workers’ Comp Executive.
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Will Monthly Solvency Monitoring Prevent Forest Fires?
Concerned about more carrier forest fires in the workers’ comp market, the California Department is considering some new action. Find out what it’s considering and what carriers think, in the current print edition of Workers’ Comp Executive.
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Restaurant Workers’ Comp Group Declares $7.1 Million Dividend
The California Restaurant Mutual Benefit Corporation announces that it will return a dividend of $7.1 million to its members for the 2005 program year. Workers’ Comp Executive
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CIAW Director Decries ‘Conflicts of Interest’
The director of Californians Injured at Work says injured workers will get the shaft from the state’s “dysfunctional” workers’ compensation system, as long as officials have their hands out to the insurance industry. By Sam Gold via Vacaville Reporter
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