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Coal Producers Forced to Self-Insure as They Are Cut Adrift by Insurers
Aug 31 2023 // Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil...
Data on California Private Self-Insureds’ 2022 Workers’ Comp Claim Experience
Jun 20 2023 // California workers’ compensation private self-insured claim frequency rose 6% last year as both medical-only and indemnity claim volume increased, but a new report suggests that many of the claims may have been...
New Risk Retention Group Requirements in Question as Fla. Session Winds Down
May 2 2023 // Risk retention groups may not be the sexiest of insurance topics, but they have gained new attention this week after the Florida House of Representatives approved a bill that would require strong financial ratings for the...
Kentucky Governor Signs Bill: Guaranty Fund Won’t Pay Claims from Self-Insurers
Mar 23 2023 // Kentucky’s governor this week signed into law a bill that seeks to make one thing perfectly clear: The Kentucky Insurance Guaranty Association will not pay claims from defunct self-insurers that are not members of...
Report: California Workers’ Comp Public Self-Insured Claim Volume Rose in FY 2021/22
Dec 9 2022 // California’s public self-insured workforce rose less than 1% in the 12 months ending June 30, but the total number of public self-insured work injuries and illness claims reported to the state jumped 35%, as the...
California Private Self-Insured Claim Frequency Hit 14-Year High in 2021
Jul 26 2022 // Workers’ compensation claim frequency among California’s private self-insured employers last year hit the highest level since 2007 as both medical-only and indemnity claim volume rose, according to a California...
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