Superior National Demos Cal. WC Illnesse

Published 3/15/00 by IMMS: The seizure of Superior National Insurance Group by California insurance regulators early this month has been a wake-up call for the Golden State's troubled Workers Compensation system, according to industry sources. The solvency problems of the state's largest private Workers Comp carrier will trigger a campaign by the Department of Insurance for reforms 'to provide a stable and competitive marketplace to ensure insurer solvency,' said spokesperson Scott Edelen. On March 6, after two state superior courts gave the state control of the company, its top executi...