CIGA News

California Comp Insurers Won’t See Insurance Guarantee Assessment, a First in 20 Years

California worker’s compensation insurers and their customers are getting a bit of a break this year. The California Insurance Guarantee Association won’t be collecting its annual assessment on 2019 workers’ comp policies. It’s the first time CIGA won’t collect the …

Court Rules Failed California Workers’ Comp Insurer Can’t Use Special Funds for Administrative Expenses

The Appellate Court of Illinois has issued a decision supporting California Insurance Commissioner Dave Jones and the California Insurance Guarantee Association’s position that Lumbermens California workers’ compensation deposits can’t be used to reimburse overhead and administrative expenses incurred in connection …

Festa Named CIGA Board Chair

RENO, Nev.-based EMPLOYERS Senior Vice President and Chief Claims Officer Stephen V. Festa has been named chairman of the board of governors of the California Insurance Guarantee Association, a body that pays the claims of insolvent property and casualty insurance …