May 27, 2004 |
Woodland Hills-based Zenith National Insurance Corp. said Wednesday that it would cut premiums on its workers' compensation policies by 10% this year, reflecting expected savings from the recent overhaul of the state's system for treating injured workers. The rate cuts, just submitted to the state Department of Insurance, are "a measured and gradualistic response" to the overhaul bill signed by Gov. Arnold Schwarzenegger on April 19, Zenith President Stanley Zax said in a statement.
September 29, 2006 |
Insurance Commissioner John Garamendi said Thursday that he expected to recommend that insurance companies cut workers' compensation premiums by an additional 6.3% in January. The proposed cut would be the latest in a series of premium reductions after a 2004 legislative overhaul that stripped billions of dollars from the cost of the state's program for helping injured workers.
August 28, 2005
Before anyone gets carried away over "Stronger Rules Sought on Association Health Plans" (Aug. 17), let me advise them to consult with the people at the epicenter of the healthcare crisis and not some self-appointed consumer group in Santa Monica. The healthcare crisis in America begins with Main Street small businesses. Only 41% of firms with between one and nine employees offer health benefits, compared with 99% of large firms that do, according to studies by the NFIB Research Foundation and the Kaiser Family Foundation.
August 22, 2006 |
More than 1 million Californians who earn the minimum wage will get a nearly 20% pay increase over the next year and a half, thanks to an agreement announced Monday between Gov. Arnold Schwarzenegger and Democratic leaders in the Legislature. The hike, the first since early 2004, will lift the state minimum wage to $8 an hour from $6.75. Workers will get a 75-cent increase Jan. 1 and an additional 50 cents on Jan. 1, 2008.
December 17, 2002 |
For the first time in seven years, most businesses in California will pay more in unemployment insurance premiums in 2003 as the state's weak economy has put a strain on the employer-funded program that offers benefits to jobless workers.
August 20, 2004 |
The state Senate on Thursday approved a two-step hike in the hourly minimum wage that would boost it to $7.75, the highest in the nation. The bill, which passed on a party-line vote in the Democratic-controlled Senate, is expected to win an easy final tally in the Assembly before going to Gov. Arnold Schwarzenegger next week. A Schwarzenegger spokeswoman said he hadn't taken a position on the measure. Business lobbyists said they were counting on the governor to kill the increase.