Employers Direct Insurance Company on Thursday announced the results from their first regularly scheduled financial examination and field claims examination from the California Department of Insurance (CDI).
According to the CDI, the financial condition, business practices, operating procedures, and claims handling of Employers Direct are in excellent condition. The results from the first regulatory scheduled financial examination came back with “no exceptions” and the results from the field claims report came back with “no criticisms of insurer practices.”
“This is an extraordinary accomplishment for any insurance carrier, but almost unheard of for a first examination of a new carrier. These clean bills of health findings from the California Department of Insurance are a reflection of the excellence of our business systems, quality of our management team and dependability of our claims handling,” stated James Little, chairman & CEO of Employers Direct Insurance Company. “We are committed to serving California employers with ethical and dependable insurance services backed by rock solid financial strength.”
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