CALIFORNIA | LOCAL
July 23, 1998 |
A 39-year-old man has pleaded guilty to charges of workers' compensation insurance fraud and perjury in connection with an alleged conspiracy between his employer and an Encino-based chiropractor. Wilbur D. Mace of Northridge changed his plea from not guilty to guilty Tuesday. He faces up to five years in state prison and is scheduled to be sentenced Sept. 14 in Ventura County Superior Court.
December 5, 2003 |
Checkmate Staffing Inc. agreed to pay more than $5 million in workers' compensation premiums to settle a suit filed by the State Compensation Insurance Fund, a source close to the case said. But the Orange-based temporary staffing firm remains the subject of a criminal investigation of possible workers' comp fraud. In early November, investigators from the state's Insurance Department and other agencies raided Checkmate's 22 offices in California, taking boxes of files and computer records.
September 17, 2005 |
California insurers are earning excessive profits on workers' compensation policies and should be sharing the benefits of two years' worth of state-mandated cost cutting with employers, state Insurance Commissioner John Garamendi said Friday. "There's been virtually a complete collapse in the cost of workers' compensation claims," Garamendi said after holding a rate hearing in San Francisco.
October 16, 1995 |
The cost of caring for employees hurt on the job in California--a politically charged issue that led to major workers' compensation reforms in 1993--has begun to rise significantly again after declining dramatically for two years, state officials reported. The California Department of Insurance released an analysis projecting that costs for workers' compensation coverage will be up 11.3% for all of 1995.
August 29, 2007 |
sacramento -- The troubled state-backed workers' compensation insurance company sent a status report to lawmakers Tuesday, stressing its "significant progress in getting the organization back on track." But the 10-page report from Jeanne Cain, chairwoman of the San Francisco-based State Compensation Insurance Fund, was silent when it came to detailing a criminal probe into what Department of Insurance officials say may involve more then $1 billion in misappropriated state funds.
November 16, 2006 |
Two directors of the State Compensation Insurance Fund have resigned amid concerns about possible conflicts of interest, the board chairwoman said Wednesday. The resignations followed questions about whether the men should be fund directors at the same time that their insurance firms were collecting millions of dollars in fees from the fund. "The potential of a conflict of interest is a problem," said Chairwoman Jeanne Cain, a top official at the California Chamber of Commerce.
August 2, 2004
California employers dragged down by the spiraling cost of workers' compensation insurance were expecting some relief by now. Tough negotiations between the governor and Legislature last spring produced reforms aimed at pushing down costs without harming legitimate care for injured workers. The only debate afterward was how fast and how far rates would tumble.
December 2, 1993 |
In a move predicted to save the state's employers as much as $1 billion, Insurance Commissioner John Garamendi on Wednesday slashed by 12.7% the base rate for workers' compensation coverage--the biggest reduction of its kind ever in California. Although they welcomed the announcement as a sign of improvement in the state's business climate, some insurers and business associations expressed skepticism about how much premiums actually will drop.