Calif. Comp Guaranteed By Legislature

NU Online News Service, Aug. 22, 2:53 p.m. EST?California Gov. Gray Davis is expected to sign a recently approved measure continuing an assessment used to pay claims against insolvent workers' compensation insurers, according to a representative of a carrier group.

The bill "has a lot of bipartisan support," said Nicole Mahrt, a representative for the Washington-based American Insurance Association.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.