Garamendi: Fremont Liquidated; SCIF Trouble; More

California Insurance Commissioner John Garamendi on Friday told about 300 attorneys at the California Workers' Compensation Defense Attorneys Association Annual Conference in Coronado, California, that while they won't go out of business in 5 years, it will be a rocky road.Reiterating that California's work comp system is in "serious trouble" and is causing the California economy significant problems, Garamendi advised the crowd that the day before he put the 28th workers' compensation insurance company into liquidation with an order against Fremont Insurance Co.It is not news that SCIF is in ...