Gov. Arnold Schwarzenegger has displayed strong leadership in addressing workers’ compensation issues by calling the California Legislature into special session to enact further cost-saving reforms to the state’s workers’ compensation system, according to the Association of California Insurance Companies. Reforms approved by the Legislature and signed into law earlier this year represent important first steps in revitalizing California’s beleaguered workers’ compensation system, according to ACIC President Sam Sorich. Among the specific issues ACIC would like to see addressed in the special legislative session are: permanent partial disability benefits, legal costs and administrative costs.
Was this article valuable?
Here are more articles you may enjoy.
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry 
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group 
Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports 
Catastrophe Bond Investors Told to Brace for Jamaica Payout From This Issue
