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Judge Declares CMS Reimbursement Demands 'Unlawful'
05/08/2017
this practice after CMS sent it reimbursement demands totaling 308401.
Californias Insurance Code requires that CIGA pay claims that are supposed to be covered by carriers that have gone insolvent. CIGA argued that its statutory obligation required it to reimburse CMS for only the treatment costs
Category: News
Guaranty Associations Assimilating CastlePoint Claims
04/07/2017
format processing the files still wont be an easy task as CIGA receives 1500 to 1600 workers comp claims from CastlePoint National Insurance Co. said Wayne Wilson CIGAs executive director.
Getting everything moved electronically takes time Wilson said.
But CIGA is making progress and has
Category: News
Bill Would Require Public Hearing to Review CHSWC Studies
02/17/2017
contracts CHSWC seeks to enter into starting Jan. 1 2018.
Senate Bill 430 by the Senate Committee on Insurance would allow CIGA to reinsure with or transfer liabilities to a California admitted reinsurer to limit or eliminate adverse development to stabilize or limit the need for assessments or
Category: News
CIGA Board, Committees Meeting in San Francisco
02/01/2017
The board of governors as well as audit and finance committees for the California Insurance Guarantee Association are meeting next week in San Franci
Category: News
CIGA's Liability to CMS Doesn't Encompass All Treatment Provided
01/10/2017
California Insurance Guarantee Association.
CIGA is a statutorily created association of state-regulated insurance companies that administers claims against insolvent carriers. The association claimed CMS has had a long-standing policy of demanding reimbursement for medical bills that it paid even though
Category: News
Supreme Court OKs Provisional Removal and Reinstatement of Parties in Asbestos Cases
12/14/2016
Connecticut Insurance Guaranty Association assumed Reliance's obligations.
In June 2011 CIGA filed a motion to have the claims dismissed and a workers' compensation commissioner granted the motion. The commissioner added CIGA as a defendant again in 2014.
The Workers Compensation Review Board upheld
Category: News
CIGA Board Reviewing Budget at November Meeting
10/31/2016
The board of governors for the California Insurance Guarantee Association will review a fiscal year update financial statements and cash flow projec
Category: News
Large-Deductible Recommendations Clear a Hurdle
09/20/2016
Guarantee Association or CIGA said he hadnt read the large-deductible report. But he said CIGA is seeing many claims on large-deductible policies in recent liquidations.
Most of them that show up on our doorstep have large-deductible policies Wilson said although he said it wasnt clear if those
Category: News
More Comp Bills on Brown's Desk After Legislature Adjourns
09/06/2016
doctors submit bills within 12 months from the date of service for services provided on or after Jan. 1.
The governor on Aug. 17 signed AB 2710 by Cooley allowing CIGA to take legal action against employers to collect deductibles owed to an insolvent carrier. The bill also requires carriers to
Category: News
Gov. Signs Bill Modifying CIGA Assessment, Collection Requirements
08/19/2016
Assemblyman Ken Cooley D-Rancho Cordova which amends Insurance Code Section 1063.2 to give CIGA the new recovery right. The new law grants CIGA the right to pursue unpaid reimbursements owed by an employer pursuant to a workers compensation insurance policy with a deductible if the employer was obligated
Category: News
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