Notice: Passwords are now case-sensitive
Forgot your password? Register a new account

Connections

Groups

Community Requests

Oct 30 - Nov 1 Comp Laude® Awards and Gala Manchester Grand Hyatt San Diego
Register Now!

DoI Moves to Protect Carrier Solvency

Wednesday, December 22, 1999 | 74 | 0 | min read

From WorkComp Executive 12/22/99:The California Department of Insurance is moving to protest the solvency of carriers by negotiating and working with certain carriers, according to Tim Taylor, deputy insurance commissioner. The department has required some carriers to take the full 18.4% rate hike which had been recommended by the WCIRB earlier this year and to slash merit rating debits and credits to plus or minus 25%. SCIF's rate filing was approved as filed. It is actively quoting and writing January business. App counts and orders are up. It is the specialty carriers that have been affe...

Purchase this story for only $9.16!Add to Cart


For access to all of our articles, check out our subscription options.

Comments

Be the first to comment.

Related Articles