The California Senate and Assembly rubberstamped the vast majority of the workers’ comp bills introduced this year and sent them on to the other house before last week’s deadline for bills to clear their house of origin. The measures include proposals to expand existing workers’ comp presumptions for first responders and create new ones for …
The California workers’ comp industry projected a 2024 accident year combined ratio of 123—an increase of 10 points from the prior year and the highest annual combined ratio since before the SB 863 reforms. The year-end data from the Workers’ Compensation Insurance Rating Bureau also shows that written premium fell last year while average charged …
The California Department of Insurance will hold a virtual public hearing on June 10th at 1:00 p.m. to review the Workers’ Compensation Insurance Rating Bureau’s request for an 11.2% increase in the state’s advisory pure premium rates. The Department will also hear the alternative proposal for the smaller 8% increase recommended by the actuary representing …
In an interesting case, a nonprofit theater company is balking at paying a minimum workers’ comp premium charge for two executives who helped run the operations on an unpaid, volunteer basis. The workers’ comp carrier counters that the charge is required under Workers’ Compensation Insurance Rating Bureau rules and maintains that the company got the …
Workers’ compensation does not cover the injuries a farmworker sustained in a car crash during his 60-mile commute from work because the “going and coming rule” exception applies. Here’s the key: The Third District Court of Appeal says it makes no difference that the worker was riding in a vanpool because the employer did not …
The San Bernardino County District Attorney filed felony complaints against a call center operator that recruited workers’ comp claimants and then sold them to a pair of applicant’s attorneys in alleged violation of Labor Code section 3215. The attorneys allegedly paid over $550,000 for 1,118 clients over two years. Charged are attorneys Antony Gluck and …
The workers’ comp industry continued its decade-long run of profitability in California and nationwide. Results extracted from a new National Association of Insurance Commissioners report show carriers nationwide reported a profit on their insurance transactions of 23.5%, while the results for California carriers were even better at 27.6% (see chart). Profit on insurance transactions is …
A bill to create the first private sector workers’ comp presumption for heat-related illnesses suffered by farmworkers cleared its first hurdle despite opposition from the employer community. AB 1336, by Assemblyman Dawn Addis (D-San Luis Obispo), is a redo of a bill that reached Gov. Gavin Newsom’s desk last year but was vetoed for being …