Committee Passes Bill Requiring CDI to Post Carrier Info Online

By Greg Jones, Western Bureau ChiefSACRAMENTO, Calif. – The Senate Appropriations Committee on Monday passed a bill that would require the California Department of Insurance to publish on its website various financial information about workers' compensation carriers, as well as the state's comp industry.The committee voted 5-0, with two members absent, to pass Senate Bill 36, despite objections from the administration that the bill would increase the department’s workload in 2013 and 2014 beyond what can be handled by existing staff. Assemblyman Ben Hueso, D-San Diego, said...