CAAA Says Insurance Company Backs Up Truck to Bank, Runs Over Injured Workers’ Rights

April 30, 2004

  • April 30, 2004 at 3:42 am
    Enrique Sanchez says:
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    Perhaps someone could help me understand rate regulation…
    My understanding is this – About 60 percent of employers are now covered by the State Fund, another 20 percent are in JPA’s or some sort of self-funded pools, leaving us with 20 percent of employers/organizations not covered by State Fund or self-funded.

    There are over 260 insurers licensed to write Comp in California. Out of that number, less than a dozen are doing actually writing coverage. (here’s where my confusion comes in) Based on these assumptions – Rate regulation would effect 20 percent of employers/organizations and we would be regulating a handful of Insurers. Is this good “Bang for the Buck” legislation?

    Thanks for any help that you folks can provide.

    ES

  • April 30, 2004 at 6:45 am
    LG says:
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    Insurers give more to Politicians, then injured workers. Try exercising your concerns at the ballot box.

  • May 3, 2004 at 3:19 am
    Enrique Sanchez says:
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    LG,

    Thank you for your response. I’m curious how your comment pertains to my post, if at all.

    Regards,

    ES



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