What does a second spike in COVID cases mean for Worker's Compensation? As of November 10, 2020, there have now been 50,592 COVID-19 related workers compensation claims reported in California this year - including 282 deaths. As the COVID-19 numbers across California continue to rise, with many of the states’ largest counties re-entering
Globally, rates are on the rise. It may be time for you to consider alternative risk financing. Rising insurance rates is currently an international problem. Across all lines - regardless of efforts to minimize risk - risk managers are still seeing price hikes and restrictions in terms of the coverages they are offered.
Insurance Adjuster and Chiropractor both arrested for over $1.6 Million in undeserved payouts. Unfortunately, we see this all the time. An insurance adjuster and a chiropractor in California were just arrested for over $1.6 million paid out in undeserved insurance payments and both are now facing felony charges. Usually, the mention of "Work
CA Work Comp continues to navigate its response to COVID-19. California continues to focus on the health and well-being of its residents and workers, going beyond the precautions of almost every other state, to ensure the safety and wellbeing of it's population. Senate Bill 1159 (signed September 17th) makes effective a presumption that
Unlocking Big Growth in Small Commercial Insurance COVID-19 has negatively impacted many businesses and industries over the course of the past 7 months. Despite the unusual times that we are all learning to adapt to, there is one industry that has experienced undeniably huge growth: the small commercial insurance sector. This sector includes
January 1, 2021: Pure Premium Rate Filing - Set to Increase for the First Time in Years! Based on their recent posting of the attached article, the WCIRB is proposing to INCREASE the pure premium rates effective January 1, 2021. To put this into context: Pure Premium Filing rates have decreased every subsequent year