A.M. Best, in their BestWire publication, interviewed new California Insurance Commissioner, John Garamendi, at the recent National Association of Insurance Commissioners' Winter National Meeting in San Diego. The difficult workers' compensation system is one of Garmendi's top priorities. Garamendi says that the entire industry is "upside down", from work comp, to homeowners, to auto insurance and reinsurance. But aside from the troubled work comp market, Garamendi wants to institute universal health coverage, a program in which everybody is covered. His thought is not to institute a single pa...
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