News Digest 6/5/2007
Reform Treating Some Better Than Others The disparity between workers’ compensation insurance premiums and payouts to injured workers has resulted in record profits to insurers, and the situation has drawn …
Tagged in: Insurance
News Digest 6/1/2007
CDI, Central Valley Prosecutors Announce Charges in Fraud Probes More than 60 suspects in five Central Valley counties face charges of insurance fraud in connection with joint workers’ compensation and …
News Digest 5/31/2007
In North Dakota, WSI Boss Has First Day in Court Sandy Blunt, executive director of North Dakota’s workers’ comp agency Workforce Safety and Insurance, makes his first court appearance on …
CDI, Central Valley Prosecutors Announce Charges In Fraud Probes
More than 60 suspects in five California counties face charges of insurance fraud in connection with the state Department of Insurance’s investigation into workers’ compensation and auto insurance fraud, according to a CDI press release. Insurance Commissioner Steve Poizner, Fresno County District Attorney Elizabeth A. Egan, Kern County District Attorney Ed Jagels, Kings County District …
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News Digest 5/30/2007
Major Central Valley Insurance Fraud Case Set to Begin Modesto chiropractor Wilmer Origel is scheduled to stand trial in June on charges of defrauding insurers and workers’ compensation out of …
Poizner Announces Rate Decrease & Reforms
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 …
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LVII To PD Or Not To PD
That is the question in 2007. Or is it? Interest shown by employers and labor in this issue just a few months ago seems to have waned considerably, at least …
News Digest 5/21/2007
State Fund’s Oakland Office Moving to Pleasant New Digs State Compensation Insurance Fund’s Oakland District Office is relocating to Pleasanton, and will be known as Bay Area Policy Services. Effective …