Commercial Lines

Most employers consider the renewal date of their workers' comp policy to be the most important annual date for their policy. Unfortunately, employers have been misinformed by the insurance community and this is not the most important annual date.

This is the third and final installment in a three-part series of articles on the ten questions all prospective captive owners should ask themselves (or, that their financial representatives should ask them) to help in the captive formation decision making process.

This is the second installment in a three-part series of articles on the ten questions all prospective captive owners should ask themselves (or, that their financial representatives should ask them) to help in the captive formation decision making process.

Ten questions all prospective captive owners should ask themselves (or, that their financial representatives should ask them) to help in the captive formation decision making process.

Using legitimate Workers' Comp-specific rating systems to provide objective evidence for selection and for weeding out the less effective or even fraudulent providers is positive progress. Basing provider selection decisions on objective data is imperative.

Despite increased media and judicial attention paid to workplace retaliation over the last decade, and the growing recognition that California employers may be held liable for abusive behavior by their leaders, both public sector and private industry organizations are still coping with retaliation charges on a regular basis.

Earlier this year, Assembly Insurance Committee Chair Jose Solorio (D-Santa Ana) introduced Assembly Bill 1454, which would allow audiologists under certain conditions to be qualified medical evaluators (QMEs), but the constant theme from the Governor's Office has been that he did not want to deal with this volatile issue on a piecemeal basis.

Most workers' compensation claims are legitimate. But unfortunately, there are those who will be drawn to commit fraud. Insurers must remain vigilant, protect their honest customers, and use effective tools to fight against workers compensation insurance fraud in a weak economy.|Most workers' compensation claims are legitimate. But unfortunately, there are those who will be drawn to commit fraud. Insurers must remain vigilant, protect their honest customers, and use effective tools to fight against workers compensation insurance fraud in a weak economy.