The California Assembly Appropriations Committee sent to its suspense file a bill that aims to reduce premium fraud by allowing insurers and the Employment Development Department to compare wage data.
SB 536, by Sen. Bob Archuletta, D-Pico Rivera, would allow carriers to submit wage records and employee counts and require EDD to identify discrepancies in the submitted information as compared to information maintained by the department.
EDD would also be required to report any discrepancies to the submitting carrier.
The bill would also allow EDD to provide carriers with detailed payro...
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