Overview of California Workers’ Compensation System
At the 2015 WCIRB Annual Conference, Dave Bellusci, WCIRB Chief Actuary, presented an overview of California’s workers’ compensation system from the WCIRB perspective. 2014 was the fifth consecutive year of double-digit premium growth in California. This has been driven both by increased rates and economic growth. California currently compromises 27.1% of the nationwide workers’ compensation […]
Insights from an Innovative Self Insurer
At the 2015 WCIRB Annual Conference, Bill Zachry, Group Vice President of Risk Management from Safeway, Inc., presented a session highlighting their approach to self-insurance. Safeway’s program is costing about 40% of what their industry peers’ programs cost. They focus on providing quality care to injured workers who will deliver superior outcomes. Their managed care […]
California WC System: A Regulator’s Perspective
At the 2015 WCIRB Annual Conference, California Insurance Commissioner Dave Jones discussed the state of California’s workers’ compensation system from his position as the regulator of all insurance issues in the state. California is the nation’s largest insurance market and would be the sixth largest insurance market in the world if it was an independent […]