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A Summary of SB 899
04/16/2004
The California Legislature will hold a Floor Vote today in the Senate and Assembly to decide whether to send SB 899 Poochigian R-Fresno to Governor Schwarzenegger for signature. An in depth legal analysis of the bill will be published later in WorkCompCentral but here is the thumbnail
Category: News
No One Appears Happy with Reform Bill ; Vote Today
04/16/2004
perfect bill" Assembly Speaker Fabian Nunez D-Los Angeles told AP. "What it is is an attempt to reach a compromise on a workers compensation system that's broken a system that doesn't serve injured workers very well and a system that is costing a great deal of money with premiums increasingly on the
Category: News
Parties Grandstand as Rate Regulation Impedes Reform
03/24/2004
California Governor Arnold Schwarzenegger has been adamant that a reform bill pass this week before the Legislature adjourns for Spring vacation which has the various stakeholder interest groups in full swing.
The California Injured Workers Coalition an independent group of injured workers not
Category: News
Alarcon Blasts Gov's Plan; Garamendi's Proposal on Tues
02/09/2004
be able to clear partisan hurdles to get a bill to the Governor's desk in March.
Alarcon D-Sun Valley said that fees paid to brokers selling State Fund policies "bug the hell out of me." Why Alarcon asked rhetorically is SCIF paying commissions when they are a carrier of last resort have no
Category: News
Exclusive CA Special Session Legislative Summary
12/11/2003
Since the start of the 4th Extraordinary Session on November 17th some 22 bills have been introduced in the Assembly and Senate dealing with workers' compensation. The key players are Maldonado Vargas Richman Poochigian Johnson and Alarcon. Here is a brief review of what is pending in Special
Category: News
Coalition Takes on Schwarzenneger Bill Side by Side
12/05/2003
The Independent Business Coalition which has filed a voter referendum seeking workers' compensation reform for the November 2004 ballot says that the pending Schwarzenegger bill carried in the Assembly as ABX4 1 by Assemblyman Abel Maldonado R-Santa Maria and in the Senate as SBX4 3 by Charles
Category: News
WCIRB: Premiums are $10B So Far; Claims $47K Each
11/21/2003
and expense ratios and estimated ultimate losses per indemnity claim.
Estimates of ultimate losses and ultimate loss severities have also been updated to reflect the estimated impact of Assembly Bill 227 and Senate Bill 228 on unpaid medical losses.
Key findings of the report include
Category: News
CA Work Comp Reform Getting More Remote
09/09/2003
would settle for a 5 billion savings package stating that anything deeper would further imperil the system and threaten injured worker benefits. Sen. Chuck Poochigian R-Fresno however was holding out for bill language that would come closer to achieving his goal of 11 billion in savings.
Another
Category: News
Special Interests Watering Down CA Reform
09/08/2003
is now estimated at costing 29 billion per year and though it is widely anticipated that the Conference Committee will issue a bill today for the Legislature to vote on there seems to be quite a bit of softening in the Committee's stance as special interest groups make their voices heard.
The cap
Category: News
WCIRB Approves 12% Increase in Pure Premium Rates
07/25/2003
.
Included in the 12 increase is a 5 provision to reflect the cost of Assembly Bill No. 749 on 2004 policies and a 1.8 provision to reflect the expected long-term average cost of losses arising from earthquakes.
The WCIRB anticipates submitting a rate filing with the California Department of
Category: News
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