Experience rating modification codes, or "x-mods" as they are known to underwriters and agents, may be in jeopardy of being statistically irrelevant if the Conservation and Liquidation Office (CLO) of the State of California extends a decision concerning Sable Insurance Co. to other conserved workers' compensation carriers.According to reports, The Workers' Compensation Insurance Rating Bureau of California (WCIRB) received a communication from the CLO that Sable, a division of Reliance National Insurance Group which was seized by the Pennsylvania Department of Insurance last year, is so low ...
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