Who will pay the claims for school districts that were part of a joint powers authority previously insured by now defunct Fremont Insurance Co.? That is the question being lobed about as California school districts, during one of the worst fiscal crisis they have faced in recent years, will now have to deal with millions of accrued liabilities for workers' compensation claims that were supposed to have been covered by Fremont.54 school districts, 5 community colleges and 3 offices of education paid about $16 million in 1997 and 1998 to transfer large amounts of long tailed claims to a joint po...
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