Judge to Hear Suit Vital to Self-Insured Firms

Self-insured employers protecting themselves from expensive workers' comp claims with excess insurance policies should tune in on Jan. 11 when a Los Angeles County Superior Court judge will hear a case with major financial ramifications for employers.The suit was filed in December 2006 by the parent company of Albertson’s grocery stores against CNA and other insurers that, the complaint claims, have recently changed the rules about when the excess policies kick in -- drastically reducing the value of the coverage and increasing the employers’ exposure to large claims. The case,...