“Fremont left Alaska employers and employees “holding the bag” with liability
for claims worth approximately $60 million.”
Fremont was a California based workers
compensation insurer. It was writing about 27 percent of the workers’
compensation insurance policies in Alaska by the year 2000.
Fremont was heavily involved in California’s workers’ compensation
price wars.
These price wars occurred after California deregulated its insurance market in 1995. Insurers like Fremont cut prices and
scrambled for market share.
The result was that 41 workers’ compensation carriers in California went insolvent or quit doing business in the state to avoid insolvency. Fremont joined the group of failed insurers when it was declared insolvent in July, 2003. Fremont
left Alaska employers and employees “holding the bag” with liability
for claims worth approximately $60 million.
I’m a permanently injured worker who was abandoned by them as they didn’t pay the tuition they promised for my voc rehab and left me community college debts in collection now. I never took any settlement offered. I can’t afford the college debt and shouldn’t have to pay the collection agency since they were the responsible party.
permanently disabled ..injured in 1999 got temp disability for 1 year and then no payment received after until 2014 ……..imagine how i survived…couldnt feed my family…just because of that my marriage fell and went through hell…who cares about the injured people as long as their home is full……..may god bless them …..karma will come back to them.
I am currently left to represent myself due to the complex nature of all the ongoing failures of the state and parties connected to fremont and the responsible party the insurance commissioner all parties connected to my proven injury claim are all being paid by the state of california. I am expected to represent myself with no income at all. I cant even file anything due to the inability to pay for the copies to all parties necessesary to file anything my rights are not being protected and the judge is ignoring all the issues i have told him.he has admitted to exparte communications and has spoken to me exparte also
Fremont only cost California $1.64 Billion Dollars
page 8/23
http://www.caclo.org/perl/index.pl?document_id=b4baea13abb7bce3e54b035b2111bda3
In California:
Fremont Indemnity Estate
Statement of Assets and Liabilities
As of December 31, 2008
Net Assets (Deficiency) $(1,642,180,980)
=========================
In Alaska:
http://www.legis.state.ak.us/basis/get_jrn_page.asp?session=23&bill=HB403&jrn=2415&hse=H
01-28-2004 House Journal 2416
“Fremont left Alaska employers and employees “holding the bag” with liability
for claims worth approximately $60 million.”
Fremont was a California based workers
compensation insurer. It was writing about 27 percent of the workers’
compensation insurance policies in Alaska by the year 2000.
Fremont was heavily involved in California’s workers’ compensation
price wars.
These price wars occurred after California deregulated its insurance market in 1995. Insurers like Fremont cut prices and
scrambled for market share.
The result was that 41 workers’ compensation carriers in California went insolvent or quit doing business in the state to avoid insolvency. Fremont joined the group of failed insurers when it was declared insolvent in July, 2003. Fremont
left Alaska employers and employees “holding the bag” with liability
for claims worth approximately $60 million.
Sincerely yours,
/s/
Frank H. Murkowski
Governor” [of Alaska]
As of December 31, 2014
Fremont’s assets were found to be deficient by $2.331 Billion dollars.
Net Assets (Deficiency) $ (2,331,518,955)
http://www.caclo.org/perl/index.pl?document_id=dc0763c5e227557f8bc638ae513572f4
I’m a permanently injured worker who was abandoned by them as they didn’t pay the tuition they promised for my voc rehab and left me community college debts in collection now. I never took any settlement offered. I can’t afford the college debt and shouldn’t have to pay the collection agency since they were the responsible party.
permanently disabled ..injured in 1999 got temp disability for 1 year and then no payment received after until 2014 ……..imagine how i survived…couldnt feed my family…just because of that my marriage fell and went through hell…who cares about the injured people as long as their home is full……..may god bless them …..karma will come back to them.
I know the answer will not be given but money is filled in their pockets.They promise but never fullfilled.
I am currently left to represent myself due to the complex nature of all the ongoing failures of the state and parties connected to fremont and the responsible party the insurance commissioner all parties connected to my proven injury claim are all being paid by the state of california. I am expected to represent myself with no income at all. I cant even file anything due to the inability to pay for the copies to all parties necessesary to file anything my rights are not being protected and the judge is ignoring all the issues i have told him.he has admitted to exparte communications and has spoken to me exparte also