It seems like an eon ago, when then-Insurance Commissioner and now-Lieutenant Governor John Garamendi went to war with State Compensation Insurance Fund (SCIF). This celebrity death match was ultimately resolved …
It was only a matter of time. The insurance commissioner, having served up his sugarplum vision of how workers’ comp insurers should be able to reap a wonderful rate of …
So many readers have communicated with us asking if or where our coverage of the Commissioner’s Audit of SCIF was or what we would be doing that we feel obligated to let our readers know. Workers’ Comp Executive is actively working on its coverage but does not want to ride on the same bandwagon – …
Florida Insurance Chief Rejects NCCI Filing Florida Insurance Commissioner Kevin McCarty disapproves the most recent workers’ compensation rate filing by the National Council on Compensation Insurance, which had requested a …
The rates are in, and this year most workers’ compensation insurance carriers chose to stick close to Insurance Commissioner Steve Poizner’s recommendation for a 14.2 percent decrease in the pure premium rate. For those who strayed from the commissioner’s counsel, most opted for a smaller decrease.
Minutes ago in a news conference California Insurance Commissioner Steve Poizner announced four major initiatives to reform the workers comp system, and ordered a 14.2% pure premium decrease. The Workers’ Compensation Insurance Rating Bureau called only for an 11.3% decrease. The Commissioner said that carrier loss ratios are averaging 37%. As one of his reform …
Iowa Commissioner’s Nomination Loses Steam in State Senate The nomination of the current interim commissioner of the Iowa Division of Workers’ Compensation as full commissioner is stalled in the state …
Moving quickly to fill the seat left vacant on the Workers’ Compensation Appeals Board after the departure of Merle Rabine last month, California Gov. Schwarzenegger announced the appointment of a long-time workers’ comp defense attorney as commissioner. The appointment of San Francisco native Alfonso Moresi, 60, should please employers, insurers and the defense bar. His …