Workers' Comp Executive

12/02/2024

Flash: 2025 Workers’ Comp Assessments

The new assessments for funding the Division of Industrial Relations are out for workers’ comp policies, and the total is up again. How much more do they say they need to run the system? What will employers be paying?

The new assessments for funding the Division of Industrial Relations are out for workers’ comp policies, and the total is up again. How much more do they say they need to run the system? What will employers be paying?

10/15/2024

Flash: Workers’ Comp TTD/PTD Benefits Increase
California’s average weekly wage increased, so workers’ comp benefits paid by employers are also increasing. How big is the increase, and when will it take effect? Find out right here right now.

California's average weekly wage increased, so workers' comp benefits paid by employers are also increasing. How big is the increase, and when will it take effect? Find out right here right now.

08/05/2024

Flash: Flash: California Employers Owe Billions
A new analysis of the Subsequent Injuries Benefits Trust Fund program shows that California employers owe billions to injured workers who have pre-existing disabilities. How many billions of dollars have regulators added to California’s beleaguered employers costs?

California employers owe a shocking $7.9 billion for claims from the Subsequent Injuries Benefits Trust Fund (SIBTF) program, and the total liabilities are expected to grow rapidly unless reforms are … Read More »

07/15/2024

Flash: Commissioner Rejects Call For Workers’ Comp Rate Hike
The September 1, 2024, workers’ comp rate decision is in, and employers dodged another Bureau attempt to hike rates. How much were the rates cut? Find out by clicking here…

The September 1, 2024, workers' comp rate decision is in, and employers dodged another Bureau attempt to hike rates. How much were the rates cut? Find out by clicking here…

06/11/2024

Flash: WCAB Issues En Banc On Rebutting Combined Values Chart

In a just issued en banc decision, The Workers’ Compensation Appeals Board endorsed two approaches to rebutting the Combined Values Chart in the Permanent Disabilities Rating Schedule. Get the full story here.

In a just issued en banc decision, The Workers' Compensation Appeals Board endorsed two approaches to rebutting the Combined Values Chart in the Permanent Disabilities Rating Schedule. Get the full story here.

04/17/2024

Flash: Bureau Files for Workers’ Comp Rate Increase
While California’s workers’ comp market remains highly competitive, the Workers’ Compensation Insurance Rating Bureau is back with another request for a rate increase. How much are they asking for this time? Here’s the story
https://www.wcexec.com/flash-report/bureau-files-for-workers-comp-rate-increase/

04/08/2024

Flash: Court Approves California Department’s Rehabilitation Plan
The long-awaited decision in the California Insurance Company rehabilitation plan is out. But will the saga continue?

“The Commissioner’s Application and Application for Order Approving Rehabilitation plan is GRANTED and the Rehabilitation Plan is adopted as amended,” San Mateo Superior Court Judge Susan Greenberg wrote in her final … Read More »

03/08/2024

Flash: “Scathing” Court Order about Applied Underwriters / CIC / Equity Comp

The EquityComp debacle continues with the Court in change of rehab issuing a “scathing” decision concerning Applied Underwriters and California Insurance Company. Here’s the latest in the four-year-old conservation proceeding?

The EquityComp debacle continues with the Court in change of rehab issuing a "scathing" decision concerning Applied Underwriters and California Insurance Company. Here’s the latest in the four-year-old conservation proceeding?