Lawsuit Over MEWA’s Fake Coverage
A Fresno area restaurant is suing the illegal American Labor Alliance and its founder Marcus Asay for selling bogus workers’ comp coverage. The trial is scheduled for the fall and …
Tagged in: X-Mod
Six Felony Convictions In Premium Fraud Case
The owner of a paving company pleaded guilty to six felonies and agreed to pay over $1.4 million in restitution to two workers’ comp carriers as part of a deal to end a workers’ comp fraud case. Maurosan Milhomem, the owner of Viking Pavers, Inc., copped to the charges related to workers’ compensation insurance premium …
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Commissioner Approves Coronavirus Rule Changes
Insurance Commissioner Ricardo Lara is giving the go-ahead to a unique set of changes to the state’s classification and experience rating rules to provide workers’ comp premium relief to California employers. The Commissioner approved the regulatory filing by the Workers’ Compensation Insurance Rating Bureau that allows for three crucial changes: Employees shifted to work-from-home status …
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Chinese Coronavirus: New Rules For X-Mods, Premium, & Ratemaking
The Workers’ Compensation Insurance Rating Bureau is backing special rules to limit the impact of the Chinese coronavirus (COVID-19) pandemic on employers’ X-Mods and allow steps to lessen workers’ comp premiums, but not before a critical committee amended the proposal. Members of the Classification & Rating Committee insisted on changes to expand the proposal while …
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Chinese Coronavirus Impacts American Workers’ Comp Claims
The ongoing Coronavirus, or COVID-19, pandemic is creating many problems for the workers’ comp industry that are likely to impact claims both in the short and long-term adversely. Delayed care, extended time on temporary disability, and a limited ability to return injured employees to work are all expected to drive up claims costs for employers. …
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State Fund Gives Policyholders $50M In COVID-19 Relief
The State Compensation Insurance Fund is not waiting for a compensability finding to aid policyholders and essential workers impacted by the COVID-19 pandemic. The carrier has created two funds, one to help policyholders buy necessary safety-related equipment and another to help their workers with medical bills or lost wages if they become ill with COVID-19 …
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Contractor Seeks to Avoid Added Premium
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Brokers Seeing Bonus Commissions
California’s workers’ comp carriers are on an impressive run of profitability with five straight years of combined ratios well below 100 in spite of continued rate decreases. The overall soft market, however, has carriers competing for premium. Brokers report numerous bonus opportunities for delivering new accounts in the competitive workers’ comp market. Workers’ Comp Executive …
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