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Report: Fewer Claims but Higher Losses for California Workers’ Comp Private Self-Insureds
Jul 9 2024 // Private self-insured claim volume in the California workers’ compensation system fell 9.5% in 2023, the biggest year-to-year decline in private self-insured claim frequency in more than 15 years. However,...
To Insure or Self-Insure? The Question Homeowners Must Answer
Jul 8 2024 // No matter where you live, there’s a good chance the weather’s getting wilder. In just the past few weeks, tornadoes have wreaked havoc on Midwest and Southern states, and large swaths of southern Florida were...
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...
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