The Senate Banking, Finance and Insurance Committee today passed an Assembly bill with amendments that strip State Compensation Insurance Fund of its enhanced investment authority and give the governor greater leeway to remove the State Fund president. Jim Tudor, acting president of the quasi-governmental insurer, told the committee today that SCIF would respond to the …
The California State Compensation Insurance Fund has announced that it will extend credit to policyholders who have suffered a financial loss or business disruption caused by the recent severe heat wave. The agency is offering the program to employers through a series of newspaper announcements and mailings to all policyholders. State Fund says it will …
Injured Workers Claim Harassment from Fraud Investigators In recent years, workers’ compensation insurance administrators have mounted aggressive campaigns to cut costs by uncovering fraudulent claims. The downside to this action …
Employers Insurance Group has announced a new agreement with Blue Cross of California through which qualifying California employers can package workers’ compensation and health insurance. The agreement expands the Integrated MediComp Program to allow employers with up to 250 employees to receive a single bill for an entire coverage package of medical, workers’ compensation, dental …
Employers Insurance Group, Blue Cross Announce Collaboration Employers Insurance Group has announced a new agreement with Blue Cross of California through which qualifying California companies can package workers’ compensation insurance …
The Texas Department of Insurance, Division of Workers’ Compensation has released statistics showing that the state recorded a 12.5 percent increase in work-related fatalities in 2005. A total of 495 fatal occupational injuries occurred last year, compared to 440 in 2004. The victims were overwhelmingly male: women accounted for slightly over 5 percent of the …
State Fund Receives More Than Half a Mil in Restitution from Marin Roofer The California State Compensation Insurance Fund has announced that it has received $566,480 in restitution from a …
The California State Compensation Insurance Fund has announced that it has received $566,480 in restitution from a San Rafael roofing company owner convicted of workers’ compensation fraud. According to the agency, Kenneth Scott Cooper, 51 made full restitution to State Fund after pleading guilty on November 1, 2005 to three felony charges including workers’ comp …