Workers’ Comp Filing Proposed Changes

The industry-backed committee charged with updating California’s workers’ comp classifications and the rules for calculating premium approved a number of changes. The changes include increasing the state’s dual wage thresholds and updating the minimum and maximum payroll limits for 16 different classifications. The most important change, however, might be the sunsetting of two Covid-19 rules. … Read More »

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Workers’ Comp Resource Bill Moves In Senate

California employers and brokers will have easier access to information about the workers’ comp carriers providing their coverage  according to a bill’s author, if a bill moving through the legislature becomes law. Obtaining Gov. Jerry Brown’s signature, however, may prove elusive as administration officials testified in opposition to the bill for being a redundant and unnecessary … Read More »

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$1.6 Million Causes Kerfuffle—Commissioners Discuss, Debate, Finally Decide

California’s district attorneys may lose $1.6 million in workers’ comp fraud-fighting funds. The money has been assessed and paid by employers. Despite that, budget decisions by the Department of Finance that do not involve higher taxes are stopping distribution of the funds. The $1.6 million amounts to 5% of the $31.8 million collected by the … Read More »

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WCIRB Moves to Increase Dual-Wage Threshold

Controversy will strike like lightning when the Workers’ Compensation Insurance Rating Bureau (WCIRB) makes its pure premium rate recommendation to Insurance Commissioner Steve Poizner next month. WCIRB, a private company designated by the California Department of Insurance to do public work, is likely to call for a $1 increase in the wage threshold across the … Read More »

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State Fund Sale: Government in Disarray

The Legislative Analyst’s Office (LAO) is dropping from its revenue projections $1 billion from the sale of some of the assets of State Compensation Insurance Fund. The proposal, which passed as part of the budget in July, was roundly criticized by the industry and employers. LAO cites the “expected inability” of the state to make … Read More »

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Poizner vs. Gov: Suit May Face Some Obstacles

Insurance Commissioner Steve Poizner is getting plaudits from the industry for filing a lawsuit challenging the constitutionality of the governor’s plan to sell $1 billion in State Compensation Insurance Fund assets. In his 18-page lawsuit, the commissioner accuses the governor of usurping both the complete system of workers’ comp and the insurance commissioner’s authority. Industry … Read More »

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Poizner Files to Halt SCIF Sale

Insurance commissioner Steve Poizner announced moments ago a lawsuit to stop the sale of State Fund assets by the governor’s office and Dept of Finance. The asset sale was authorized by AB X4 12 as part of the budget enactment. The suit, to be filed Friday in Sacramento Superior court will ask for an injunction … Read More »

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The $1Billion Lie – Sell SCIF Plan In Budget

Exclusive As part of the ongoing California state budget negotiations the ‘Big 5’ agreed over the weekend that the bill directing the Department of Finance to sell parts of State Compensation Insurance Fund is – repeat – is going into the budget.  Highly placed sources near the budget negotiations told Workers Comp Executive that the … Read More »

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