CRM Achieves $50 Million Mark in Calif. Premiums

April 4, 2005

Compensation Risk Managers of California LLC (CRM) announced its written premiums in California have surpassed the $50 million mark.

A national, full service program manager and administrator for approved, self-funded workers’ compensation insurance programs, CRM began offering coverage in California in September 2003.

“Naturally, we are very proud of earning such extraordinary acceptance here in California,” stated Chet Walczyk, COO of CRM California LLC. “Reaching this remarkable milestone so quickly attests to the value of our offerings and the strength of the relationships we have built with our partners and affiliated agents,” he added.

CRM began offering services in California to help alleviate the shortage of affordable workers’ compensation insurance for workers in several particularly cost-sensitive sectors of the California workforce.

The California Department of Industrial Relations regulates the programs through which CRM serves these workforces: the Healthcare Industry Self Insurance Program of California (HISIP); Contractors Access Program of California (CAP); the Plastic Manufacturers Self Insurance Program (PMSIP); the Preferred Auto Dealers Self Insurance Program (PADSIP); and the Western Independent Bankers Self Insurance Group (WIBSIG), the first federally approved program of its kind in California.

With regional offices in Irvine, CRM maintains a fully staffed loss-control department with certified safety professionals that offer support to program members. CRM also offers group self-funded workers’ compensation programs for most major industry sectors through eight distinct trusts in New York state.

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