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Schwarzenegger Signs AB 701, Horse Racing Comp Bill
05/17/2004
On Friday California Governor Arnold Schwarzenegger signed into law AB 701 by Assemblymember Jerome Horton D-Inglewood providing the state's horse racing industry with requested relief to high workers' compensation premiums in an effort to make the industry competitive with other states
Category: News
Exercise Riders Suffer Majority of Horse - Racing Injuries in Golden State
01/07/2015
Exercise riders account for more than half the workers' compensation claims originating in California's horse- racing industry according to a report by thoroughbredracing.com.
Brad McKinzie vice president of operations at Finish Line Self-Insurance Group said about 64 of the approximately
Category: News
Bill Would Preserve Horse - Racing Subsidy
02/28/2014
A Senate bill amended earlier this month would restore statutes allowing certain California horse- racing associations that conduct races to deduct a percentage of the total amount handled in exotic parimutuel pools for the purposes of defraying costs of workers' compensation insurance.
Sen. Roger
Category: News
Labor Code Section 3201.81
12/18/2020
In the horse racing industry the organization certified by the California Horse Racing Board to represent the majority of licensed jockeys pursuant to subdivision b of Section 19612.9 of the Business and Professions Code is the labor organization authorized to negotiate the collective
Category: Labor codes
Racing Horse Owners Will Pay More Per Start to Cover WC Insurance Gap
06/17/2020
A workers compensation insurance carrier that covers California jockeys and other horse racing employees is increasing its per-start fee to ensure coverage at the states thoroughbred race tracks.
The carrier Post Time Self Insurance is increasing the fee from 120 to 149 as of July 1
Category: News
Horse Racing Comp Costs Increasing 10% to Cover Funding Shortfall
12/21/2020
Per-start fees will increase 10 to cover a funding shortfall for the program that provides workers compensation coverage to the states horse racing industry Thoroughbred Owners of California announced Friday.
The unfortunate reduction in live racing together with statewide increases in
Category: News
Bolton & Co. Names John Unick EVP of Equine Unit
04/09/2014
Bolton & Company has named John Unick as an executive vice president and managing director of the equine and special risk division of the Pasadena-based employee-owned insurance broker.
Bolton a horse- racing enthusiast has developed captives self-insured groups and other solutions to insure
Category: News
Horse Racing Industry Faces Rising Comp Costs
07/31/2012
Workers compensation rates for Californias horse racing industry increased 25 effective July 1 but a 40 subsidy from the Thoroughbred Business League will result in owners only paying 16.67 more for coverage.
The jockey mount insurance premium increased to 175 from 140 per mount. The
Category: News
CA Horse Racing May Get Urgency Relief Bill
01/09/2004
Assembly Bill 900 Jerome Horton D-Inglewood may pass as an urgency measure January 12 allowing California horse race-track owners an increase in the take-out on exotic wagers by a half of a percentage point earmarked to offset workers' compensation costs.
California horse owners and track
Category: News
CA Horse Racing Still Hammered by Comp Costs
10/30/2003
The horse racing industry thought it had its workers' compensation problems wrapped up when it struck a deal with AIG for coverage late last year but it looks like problems still exist and trainers continue to move out of state threatening several racetracks and the vitality of the industry in
Category: News
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