News Flash: Workers’ Compensation Insurers Face Mounting Losses; Employers May Be Hit With Higher Premiums
Some California workers’ comp insurers have been placed on a financial watch list by the California Department of Insurance because rating agencies have raised questions about the insurers’ financial stability. According to the California Workers’ Compensation Institute, for each $1 in premiums taken in during 1999, workers’ comp insurers paid out about $1.51 for claims […]