California Office of Self-Insurance Plans News

DIR: California’s Alternative Security Program Frees $7.5B for Businesses

Department of Industrial Relations Director Christine Baker has approved the implementation of the 2014/15 Alternative Security Program, which DIR says frees $7.54 billion in working capital and provides self-insured California businesses greater financial flexibility. The ASP, operated by the California …

Report: Increasing Workers’ Comp Losses For California Public Self-Insureds

A analysis of more than 10 years’ worth of data shows for the fifth consecutive year increases in the average loss per claim, led by escalating medical losses, pushed up total workers’ compensation costs for cities, counties and other public …