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Vermont Takes Over Medical Liability Insurer CARE RRG Facing $35.4M Judgment
Apr 28 2025 // A Vermont Superior Court has approved a state takeover and rehabilitation plan for a medical professional liability insurer for 1,300 physicians that the state says is in hazardous financial condition as a result of a...
California Workers’ Comp Public Self-Insured Losses Rise Despite Claim Volume Decline
Jan 17 2025 // Increases in average medical payments and average indemnity payments drove public self-insureds’ total paid losses up last year even though the number of claims fell, a new report shows. The California Workers’...
Report: Fewer Claims but Higher Losses for California Workers’ Comp Private Self-Insureds
Jul 9 2024 // Private self-insured claim volume in the California workers’ compensation system fell 9.5% in 2023, the biggest year-to-year decline in private self-insured claim frequency in more than 15 years. However,...
To Insure or Self-Insure? The Question Homeowners Must Answer
Jul 8 2024 // No matter where you live, there’s a good chance the weather’s getting wilder. In just the past few weeks, tornadoes have wreaked havoc on Midwest and Southern states, and large swaths of southern Florida were...
California Self-Insured Group Applauds Workers’ Comp Classification Changes
Apr 12 2024 // The California Restaurant Mutual Benefit Corp. is applauding upcoming changes in workers’ compensation classifications for California’s restaurant and hospitality sectors, The changes were announced by the...
The Rise of Self-Insurance: Navigating Risk in a Changing Insurance Landscape
Dec 22 2023 // In an era of heightened climate risks and evolving insurance dynamics, the traditional insurance model faces a conundrum. Insurers find themselves grappling with the aftermath of more frequent and severe storms, and...
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