State Compensation Insurance Fund says it is continuing to lose business in California’s competitive workers’ comp market. Its premiums through the first half of the year are down by 15.4%. Company officials told the carrier’s board of directors yesterday that the soft market is is to blame in spite of a 10% rate cut that …
The State Compensation Insurance Fund is asking a state court to block the California Department of Insurance from using the settlement agreement reached in the A-Brite case against it. State Fund says the department violated the clear intent of the settlement and that the underlying decision should now be vacated. State Fund has filed a …
Despite increasing payrolls, early estimates of the 2019 California workers’ comp market are indicating another drop in written premium to about $15.7 billion total for the year. The $1.3 billion drop would mark the second year of decreases after seven years of annual increases in written premium. The estimate, by the Workers’ Compensation Insurance Rating …
One of the few remaining questions from the SB 863 Baker workers’ comp reforms – how to define a catastrophic injury – has now been answered. Well, at least for the moment. The Workers’ Compensation Appeals Board says in a new en banc decision that determining whether an injury is “catastrophic” is a fact-driven process …
The State Compensation Insurance Fund’s board of directors will hear this week that the carrier’s net earned premiums are down nearly 20% through the first quarter of 2019 while losses are down just over 21%. The decline in premium follows a 10% rate cut that took effect Jan. 1st, and a drop off in additional …
State Compensation Insurance Fund and Sessions Payroll Management have a contentious history, and that’s not about to change any time soon. The companies are engaged in ongoing litigation and are now back at it. Now it’s before the California Department of Insurance’s administrative hearing bureau for another fight over SCIF’s tiered rating system. State Fund’s …
The State Compensation Insurance Fund has no duty to defend an insured in three civil lawsuits because the lawsuits stem from the employer’s willful acts, according to the Ninth District Court of Appeal. Cybernet Entertainment, a producer of pornographic films and a SCIF insured, sought to compel State Fund to defend it under Part 2 …