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DWC Audit Penalties, Unpaid Compensation Down In 2006

Two claims-adjusting locations in California—self-insured, self-administered Alameda County Schools Insurance Group in Dublin and the Irvine office of third-party administrator Complink Inc.—racked up a combined $255,000 in penalties during the 2006 Division of Workers’ Compensation audits. The 2006 audit report, finally released last week, shows that both the number of penalties and the amounts owed … Read More »

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Self-Insured Administrators Work With Regulator To Craft More Perfect Rule

Administrators of self-insured workers’ comp groups are trying to deter the California Office of Self-Insured Plans (OSIP) from pushing for a controversial cap of 30 percent on claims-adjusting and administrative costs. OSIP is in the midst of drafting new regulations and has a short list of planned changes, some of which don’t sit well with … Read More »

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Reforms, New Laws, Keep Self-Insureds Stable And Healthy

After climbing steadily since 2003, the aggregate indemnity portfolio of California’s self-insured employers seems to have leveled off in the second half of this year, according to data from the Office of Self-Insurance Plans (OSIP). Industry experts say this is due both to the workers’ comp reforms of 2004 and new reserving regulations for self … Read More »

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News Digest 10/5/2006

Utilization Review May Control Off-Label Drugs Pharmacy is difficult to control and the use off-label drugs is no exception. Find out why and what some carriers and self-insured employers are … Read More »

News Digest 10/5/2006(2)

Utilization Review May Control Off-Label Drugs Pharmacy is difficult to control and the use off-label drugs is no exception. Find out why and what some carriers and self-insured employers are … Read More »

CRM To Acquire Embarcadero For Estimated $45 Million

CRM Holdings, Ltd., a provider of fee-based management and other services for workers’ compensation self-insured groups in New York and California, yesterday announced it has entered into a definitive agreement to acquire privately-held, San Francisco-based workers’ compensation insurer Embarcadero Insurance Holdings, Inc., for Embarcadero’s book value on the closing date of the transaction. CRM estimates … Read More »

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News Digest 6/29/2006

Self-Insured Groups Work to Lessen Their Tax Burden Self-insured groups (SIGs) eager to reduce employers’ tax burden and the confidence level in their ability to pay claims are close enough … Read More »

Self-Insured Groups Work to Eliminate Tax Burden

Employers participating in self-insured groups (SIGs) in the California workers’ comp market are unable to deduct reserve amounts contributed to SIGs as they would standard workers’ comp premiums and, worse yet, SIGs pay an 8.84 percent tax on those reserves. SIGs are working on a legislative solution that would reduce the amount of their tax … Read More »

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