OSIP News

DIR: California’s Alternative Security Program Frees $7.7 Billion

Christine Baker, director of the Department of Industrial Relations, on Wednesday approved the implementation of the 2013/14 Alternative Security Program, which Baker said frees up $7.7 billion in capital that provides self-insured businesses in the state “greater financial flexibility.” According …

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 …