Tagged in: reports

Lasting Savings From Reforms Dwindling

In the upcoming fourth—and likely last iteration—of a series of reports on the lasting impacts of California’s recent workers’ comp reforms, the California Workers’ Compensation Institute (CWCI) and the Workers’ Compensation Insurance Rating Bureau are expected to report a significant increase in the average medical payment per claim for injuries that occurred in 2006. “Something … Read More »

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Slight Correction To Rate Flash

In our previous Flash Reports, we indicated that the cost increase associated with AB 338 (Coto), which will increase the number of weeks injured workers are able to collect temporary disability, would be 3 percent of total system costs. That was incorrect. According the bureau, this bill will only result in a small increase in … Read More »

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CRM Holdings Updates Acquisition News

CRM Holdings, Ltd. reports that the California Department of Insurance has approved its acquisition of Embarcadero Insurance Holdings, Inc. and its subsidiary, Majestic Insurance Co., a writer of workers’ compensation insurance for large and medium-size businesses, and that CRM will be proceeding with the impending close of the $45 million transaction. CRM made the announcement … Read More »

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News Digest 9/26/2006

Nuke Test Site Safety Records Destroyed, Former Clerk Says A former clerk who spent 25 years cataloging toxic materials reports, personnel rosters, safety meeting minutes and accident logs at the … Read More »

Hartford Credits Generics For Pushing Down Claim Costs

In the most recent Top 25 Drugs in Workers’ Compensation annual survey, Hartford Financial Services Group reports that overall pharmaceutical costs for its workers’ compensation clients decreased last year in part due to greater availability of generic substitutes for popular and expensive name-brand drugs. This was the first year since the inception of the annual … Read More »

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