News Digest 1/24/2008

By: Rick Waldinger

Quote of the day

"We have no requirements for actuarial reports, and we're bearing the brunt of the credit risk. At this point we're using every imaginable tool to monitor credit risk."

Jeff Pettegrew, California Self Insurers' Security Fund

Go to the full story in Workers Comp Executive

Employers Direct Launches New Benefits Brokerage This Month
Plenary Insurance Services is now in business. Find out about Employers Direct’s foray into benefits brokering. Can it find efficiencies where so many others have failed? Workers’ Comp Executive
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California’s Self-Insured Fund Seeks Audit Authority
A number of self-insured employers may be heading for the financial cliffs and the California Self Insurers’ Security Fund is afraid of unfunded workers’ comp debts it could be saddled with. What’s a security fund to do? Find out here in Workers’ Comp Executive.
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Self-Insured Groups Take New Stab at Tax Bill
Self-insured groups have been saddled with a significant tax tab, though they are nonprofit mutual corporations. They failed last year in getting a bill passed to remedy the problem. What’s their approach this year? Read on. Workers’ Comp Executive
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West Virginia’s Bumpy Ride to Privatization
This is a story of a state-run workers’ comp carrier that had driven itself into near extinction, but find out what the state did to turn West Virginia’s monopolistic state fund around. Workers’ Comp Executive
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104-Week TD Limit Constitutionality in Question
A California court of appeal has ruled on an oft-attempted argument – that the 104-week limit on temporary disability benefits is unconstitutional. Read this week’s Workers’ Comp Executive to find out what happened.
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Aussie Lawyers Battle Expansion of Federal Workers’ Comp Plan
An Australia plaintiffs’ lawyers association contends that any expansion of the federal government’s workers compensation scheme, Comcare, poses an “unacceptable risk” to workers and small business. Sydney Morning Herald
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