The California Department of Insurance took testimony from the Workers’ Compensation Insurance Rating Bureau about why it believes California’s advisory pure premium rates should increase by 0.9% and from the actuary representing employers and organized labor about why the rates should drop by an average of 3.5%. The hearing was not without controversy. “This annual …
Former Assemblyman Ricardo Lara was back in the Building in his position as California’s Insurance Commissioner to advocate for a pay raise for the fraud investigators employed by the California Department of Insurance. The Commissioner is sponsoring AB 2872 to give the sworn peace officers pay parity with their counterparts at the state’s Department of …
The Assembly Insurance Committee will hear a bill to give rank-and-file sworn peace officers at the California Department of Insurance a pay raise. The bill would bring the CDI officers’ salaries in line with their counterparts at the state’s Department of Justice. The pay discrepancy between two state government units for the same job has …
The San Mateo Superior Court judge handling the conservation of Applied Underwriters California Insurance Company issued a stinging rebuke of Applied Underwriters’ California Insurance Company for flaunting its indifference to …
The California Department of Insurance Enforcement Branch has decided against rolling back the suspected workers’ comp fraud referral standard. Special investigations units (SIUs) are required to complete fraud investigations before making a report to the Department. The agency considered returning to the prior standard, which required referrals within 60 days of the carrier having a …
The California Department of Insurance is not yet ready to say how it plans to change – if at all – the regulations governing reporting of suspected fraud cases by the special investigations units (SIUs) at workers’ comp carriers and self-insured employers. The Department is still mulling over the mixed bag of comments it received …
Insurance Commissioner Ricardo Lara is asking the California Fraud Assessment Commission to approve a change to the formula that splits employers’ assessment dollars between local District Attorneys and the Department’s anti-fraud unit. The proposal would redirect millions of dollars from the DAs to the Department of Insurance. The DAs are pushing back against the effort. …
The California Department of Insurance’s Fraud Assessment Commission voted 3-2 to increase the workers’ comp fraud assessment on California employers by 5% next year to $89,985,405. The two commissioners who voted against the proposal wanted an increase closer to the 16% that the District Attorneys requested and would have boosted the total bill to nearly …