California Workers’ Comp Highly Profitable

California’s workers’ comp insurance industry remained highly profitable in 2019, returning a pre-tax underwriting profit of 18% for the second straight year. The profitability percentage is also pre-investment income putting … Read More »

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Self Insurance Rules Final

The Department of Industrial Relations’ Office of Self-Insurance Plans finally wrapped up rulemaking on one of the last pieces of the Baker SB 863 workers’ comp reforms. The Office of … Read More »

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Court Decision Limits CIGA’s Losses

The California Insurance Guarantee Association projects that it will be nearly $160 million in the red on the deposit from the failed Lumbermens Mutual Casualty Company. But there is also … Read More »

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WORKERS’ COMP RATES CUT FOR JULY

California Insurance Commissioner Dave Jones adopted the industry’s recommendation for a 5% cut in the state’s workers’ comp advisory pure premium rates for policies incepting or renewing on or after … Read More »