Presumption Estimates Slashed for Workers’ Comp

Gov. Gavin Newsom’s decision to issue a limited-term workers’ comp presumption for claims related to Coronavirus has California’s rating agency planning to drastically cuts its cost estimate for the presumption to just one-tenth its previous best estimate. The Workers’ Compensation Insurance Rating Bureau’s initial set of cost estimates ranged from $2.2 billion to $33.6 billion … Read More »

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Insurance Regulators Prep For Changing Workforce

State insurance regulators from around the nation are set to discuss and potentially adopt a new report that examines workers’ comp policy amid the nation’s evolving workforce. The discussion will be part of the upcoming spring meetings of the National Association of Insurance Commissioners. The discussion by the NAIC’s Workers’ Compensation Task Force though, will … Read More »

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New Utilization Review Regulations

Several hundred workers’ comp professionals braved exposure to the COVID 19 coronavirus pandemic to attend the Division of Workers’ Compensation’s annual educational forum in Oakland. At the conference, they heard that the Division is putting the final touches on a new regulatory package to update California’s utilization review regulations and will soon begin the formal … Read More »

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