Circus at CA Committee: "Folks Won't Be Happy"

While California Insurance Commissioner led a press conference with large California employers to highlight what has become numbingly repetitive, the Conference Committee on Workers' Compensation heard testimony from State Compensation Fund representatives admitting that its surplus may be strained, and injured workers who say that it's insurance company stalling that makes claims more expensive.State Fund representatives denied again that it is in trouble, but admitted its $1.45 billion surplus is strained due to the significant growth of insolvencies since 1999. Bruce Lockwood, a heavy equi...