California News

TEXAS COMP COSTS STILL HIGH:

Workers’ compensation costs per claim in Texas increased at double-digit rates for the third consecutive year, according to a new...

2003 CAT LOSSES TOTAL $12.8B:

U.S. property/casualty insurers paid $12.8 billion to homeowners and businesses for insured property losses from 21 catastrophic events last year,...

Fitch Assigns RLI Corp.

Fitch Ratings assigned a “BBB” long-term rating to RLI Corp. (RLI) and a “BBB” rating to RLI’s 5.95 percent senior...

Zenith National Unveils Q4 Numbers

California-based Zenith National Insurance Corp. reported net income of $20.8 million for the fourth quarter of 2003 compared to a...

Workers Aren’t the Only Comp Cheats

Within the insurance industry—and even outside it—workers’ compensation fraud is typically associated with malingering employees who fake an injury in...