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California Self-Insured Group Applauds Workers’ Comp Classification Changes
Apr 12 2024 // The California Restaurant Mutual Benefit Corp. is applauding upcoming changes in workers’ compensation classifications for California’s restaurant and hospitality sectors, The changes were announced by the...
The Rise of Self-Insurance: Navigating Risk in a Changing Insurance Landscape
Dec 22 2023 // In an era of heightened climate risks and evolving insurance dynamics, the traditional insurance model faces a conundrum. Insurers find themselves grappling with the aftermath of more frequent and severe storms, and...
California Workers’ Comp Public Self-Insured Claim Volume, Total Paid and Incurred Losses Fall
Dec 14 2023 // Initial data on fiscal year 2022/23 public self-insured claims experience in the California workers’ compensation system show that public self-insured’s total claim volume, spurred by a sharp drop in indemnity...
Carshare Restart: Hochul Signs Bill Allowing Out-of-State RRGs to Cover Nonprofits
Sep 21 2023 // New York Gov. Kathy Hochul has signed legislation that should make it easier for nonprofit groups to find auto insurance coverage through risk retention groups. Assembly Bill 5718 and its companion Senate bill allows...
Coal Producers Forced to Self-Insure as They Are Cut Adrift by Insurers
Aug 31 2023 // Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil...
Data on California Private Self-Insureds’ 2022 Workers’ Comp Claim Experience
Jun 20 2023 // California workers’ compensation private self-insured claim frequency rose 6% last year as both medical-only and indemnity claim volume increased, but a new report suggests that many of the claims may have been...
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