Declarations
Workers’ Comp Insurer Needs Change
“Given SCIF’s size, its fiscal health is integral to ensuring a healthy and competitive workers’ compensation marketplace.”
—California Insurance Commissioner Steve Poizner, commenting on recommendations to improve the State Compensation Insurance Fund. The recommendations were made in a report recently released by the Department of Insurance that stemmed from the DOI’s decision to audit the workers’ comp insurer following concerns over unethical practices.
Allstate’s New Advocacy Efforts
“Allstate is taking a different direction and will now be insourcing at the state and federal level all of its advocacy functions.”
—Property Casualty Insurers Association of America President and CEO David Sampson commenting on Allstate Insurance’s notice that it intends to drop its association membership in December 2008.
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