Quote of the day
"Despite the legislative intent this bill does nothing to mitigate the effects of the current schedule. What's more the way this benefit is designed, injured workers who get injured in 2007 get less than injured workers injured in 2008. This bill does absolutely nothing."
California Coalition of Workers' Compensation grassroots organizer Scott Lipton on the effects of SB 815, a bill on permanent disability
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Letter to the Editor
The Executive endeavors to publish as many letters as possible from its readers. Space considerations frequently restrict our best intentions. But we are trying something new and hope you’ll let us know what you think. These letters published in our print edition also appear in our Internet version in our daily news digest and on the Web.
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The Good, the Bad and the Ugly
He signed some and he’ll sign more. He’ll also veto a few. Get the rundown on what’s headed to Governor Schwarzenegger’s desk and where the California workers’ comp industry stands legislation-wise now that we’re at the end of this two-year session. It’s all in the current print edition of Workers’ Comp Executive.
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Growing Skilled Workers’ Comp People in the Golden State
The dearth of talent in underwriting and claims is causing some California workers’ comp carriers to raid their competitors. But there are other ways. Get the skinny on where all the talent has gone and what some carriers are doing to recapture good people, in the current print edition of Workers’ Comp Executive.
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Preferred Employers Big into Small Business
Appetites are growing for some California workers’ comp carriers, but for the tried-and-true, insurers such as Preferred Employers Insurance Company are sticking with old formulas. Not only do they work, they’re also profitable. Get the skinny on what Preferred is up to, in the current print edition of Workers’ Comp Executive
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XLIV. Sacking Sacramento
Publius lays it out and it turns out to be a filet of the last days of the California legislative session. For those who can read between the lines the story is one of …. Well see for yourself. Workers’ Comp Executive has made it free content – all you have to do is click here.
EIG Mutual Holding Company to Go Public
The California workers’ comp market might have just gotten juicer, at least for one California-domiciled carrier. With a strong Nevada-based parent to stand behind it, Employers Compensation Insurance Company is likely to win big from a recently announced stock deal. How many shares? What are they worth? Who benefits? What’s likely to happen to the money raised and what are the risks? Get all the details in the current print edition of Workers’ Comp Executive.
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The 2005-2006 Session That Was: Grueling Yet Reasonably Painless
Promises kept and battles won, the California workers’ comp industry is just happy the 2005-2006 session wasn’t worse. The late-night sessions, the intrigue, and a surprising ally for Perata, all made for an interesting, if not mercurial end-of-session. Get all the 11th-hour details, including what the governor is expected to sign and what employers and the industry hope he vetoes, in the current print edition of Workers’ Comp Executive.
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Smackdown: Union Roofers v. Sheet Metal Workers
Getting battered financially in an increasingly tricky and hard-to-insure industry, roofers say they’re taking it on the chin from sheet metal workers. A battle royal tells the tale and includes many California workers’ comp teams. Who are the players and what’s the score? You don’t want to miss this one. Get all the details in the current print edition of Workers’ Comp Executive
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SCIF Asks Board to Increase Commissions
State Compensation Insurance Fund management is asking its board to increase commissions on its workers’ comp group business, but in so doing has it created conflicts of interest on its board? Is the timing a Machiavellian scheme to increase support for the candidacy of its interim president to help him win the permanent position? Is State Fund failing to release statements of economic interest? Find out in the current print edition of Workers’ Comp Executive
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Canadian Standards Association Announces New Safety Rules
Figures from the Association of Workers’ Compensation Boards of Canada show job-related deaths over the past decade have been steadily increasing. As a result, the Canadian Standards Association’s new workplace safety rules broadly target company practices, as opposed to those of workers and equipment. Canadian Press via CBC
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