Welcome to 2024 and the 34th year of Workers’ Comp Executive. Before covering the new year’s events, here is our annual review of the most prominent workers’ comp stories from the previous twelve months. After two years of COVID-19 dominating much of the news cycle, 2023 returned to the more traditional themes, but some leftover …
Welcome to 2023. Workers’ Comp Executive starts each new year with a look back at the biggest stories affecting the California workers’ comp industry from the prior twelve months. In many ways, the biggest stories of 2022 were a continuation of themes from previous years. Covid-19 and its legal consequences remained an issue. So to …
The Department of Industrial Relations’ annual assessments on California employers is now over $1.5 billion – a $191 million or 13.9% increase from the assessments for 2022. The assessments, together, …
Workers’ Comp Executive is pleased to announce that veteran journalist Todd Karpovich is now spearheading the curation and production of the rebranded and redesigned national daily digest, now renamed Workers’ Comp Advisor. Adding to Providence Publications’ professional staff, Todd brings a wealth of experience to Workers’ Comp Advisor as a reporter, editor, and published book …
The California Department of Insurance continues to review the insurance industry’s request for a 2.7% workers’ comp rate hike. Documents obtained by Workers’ Comp Executive indicate that an important area of focus is the Workers’ Compensation Insurance Rating Bureau’s indemnity claim frequency projection. The difference between the Bureau’s projection and one developed by an independent …
The Workers’ Compensation Insurance Rating Bureau says its experience rating model can effectively rate employers with expected annual losses as low as $500 but is considering a go-slow approach that would lower the rating threshold in stages. The WCIRB is looking at adding 10,000 of the 300,000 employers that it believes can be effectively rated …
Workers’ Comp Executive launches each new year with the publication of a list of the “Top Stories” from the prior 12 months. Some years are more newsworthy than others, but we certainly had some doozies during what was our 30th year covering the California workers’ comp industry. Beset by the COVID-19 pandemic, Governor Newsom followed …
The State Compensation Insurance Fund developed and launched an online tool to help its smaller policyholders – especially those with high X-Mods – to create an effective injury and illness prevention plan (IIPP). State Fund is making the program available to any California employer for free even if they are not a State Fund policyholder. …