California’s State Compensation Insurance Fund will begin issuing $100 million worth of dividend payments to eligible policyholders in early July, the state’s largest workers’ compensation insurer announced on Tuesday. The dividend be paid on the 2012 policy year, and eligible …
Montana State Fund’s board of directors announced a six percent rate decrease for 2014. The decrease is effective July 1 this year. Since 2007 State Fund has lowered average rates to Montana businesses by 34.5 percent, according to the organization. …
California’s State Compensation Fund’s annual report for 2012 was released online Tuesday, and it reflects an increase in net income for California’s largest workers’ comp insurer. The report comes as State Fund approaches the three-year mark of a restructuring plan …
Editor’s Note: This is the fourth in a series of articles to look at California’s workers’ compensation reform law, which takes effect Jan. 1, 2013. Insurance carriers, along with the many stakeholders who are watching and waiting as California’s workers’ …
When a Southern California family was convicted of workers’ compensation insurance premium fraud, it wasn’t due to sophisticated software, a supercomputer or even high-tech surveillance techniques. It was the result of good old-fashioned detective work, according to Maryann Lazernik, who …
If all goes well, workers’ compensation reform in California may yield even greater savings than originally believed. That is according to State Fund President and CEO Tom Rowe, who gave the keynote speech on Friday at the opening of the …
Editor’s Note: This is the second in a series of articles to look at California’s workers’ compensation reform law in detail and what must be done to implement that law by Jan. 1, 2013. California’s State Compensation Insurance Fund board …
Reaction to a decision by State Compensation Insurance Fund to restructure its broker distribution model has ranged from guardedly optimistic to visceral the day following the announcment. Under the new deal announced on Tuesday premium thresholds are being established to …
California’s State Compensation Insurance Fund will now require most of the roughly 5,000 brokers and agents the entity deals with to go through one of two wholesalers. An estimated 3,500 agents and brokers will be impacted. With the new deal, …
California’s State Compensation Insurance Fund has changed its broker distribution model, requiring most of the roughly 5,000 brokers and agents the entity deals with to go through one of two wholesalers. The change, which is effective Jan. 1, 2013, establishes …
