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California Receives $6.3 Million in Workers' Comp Fraud Case

West News • June 10, 2008
California Insurance Commissioner Steve Poizner announced Cover All, Inc., a 15-year old flooring and carpet installation company headquartered Chatsworth, pled no contest to one count of ...

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Subject: Who's cheating who?

Posted On: June 16, 2008, 10:14 am CDT
Posted By: Mark
Comment:
I completely agree that cheaters should be caught and punished for their behavior and that even an outrageous work comp rate per $100 of payroll is NEVER justification for payroll fraud.

Having said that - did anyone catch the apparent rate this company was being charged....over $28 per hundred - California is known as one of the most expensive - if not the most expensive state - with which to do business.

It's impossible to know if this is the actual rate and if there was possibly some experience that factored into the apparent high rate....either way - high rates can be the only motivation needed for some operators to skirt the rules. I'm not saying it makes it right - just offering a different perspective.
Subject Posted By Posted On
RE: a $550k workers compensation fraud lastbat
Jul 22, 2008, 11:27 am
a $550k workers compensation fraud Montana Slim
Jul 22, 2008, 11:23 am
Who's cheating who? Mark
Jun 16, 2008, 10:14 am
RE: RE: Restitution is too low Just Me
Jun 11, 2008, 2:46 pm
Restitution is too low Fred Revello
Jun 11, 2008, 2:09 pm
RE: Restitution is too low JP
Jun 11, 2008, 1:12 pm
RE: RE: Restitution is too low Fraud Investigator
Jun 11, 2008, 12:58 pm
RE: RE: Restitution is too low Premium Auditor
Jun 11, 2008, 12:49 pm
RE: Restitution is too low Bucky Badger Fan
Jun 11, 2008, 12:36 pm
RE: Restitution is too low Wonder if they will collect
Jun 11, 2008, 10:44 am
Restitution is too low lastbat
Jun 11, 2008, 10:14 am
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