On August 10, 2010, the Office of Administrative Law approved several changes that affect California employers effective October 8, 2010: Updated Posting Notices (DWC-7) must be used. Notification of Rights Materials Regarding the insurance carrier MPN must be posted. MPN Implementation Notices are revised, as are options on how to distribute. New Hire Pamphlets,
At Van Beurden Insurance Services, Inc., we like to think we have been able to combine the best of both worlds: the resources of a large company with the commitment and family tradition of a smaller firm. Our philosophy is that happy, experienced, and dedicated employees provide optimum
For years, business owners have complained about the same things regarding Workers' Compensation Insurance: Large Deposits High Rates Policy Audits Difficult Payment Plans Aren't these the things that bother you the most about Work Comp? These can be especially bothersome for smaller businesses, who never seem to see the same aggressive offers from Insurance Companies. These
Employers with fully insured health plans are realizing they can "safely" custom design a medical plan for the needs of their workers and save as much as 40% on the over all cost. As a result, the choice to self fund a health insurance plan is becoming more popular for employers with
The Workers' Compensation Insurance Rating Bureau of California (WCIRB) issued a statistical report on August 26, 2010 that shows the average cost of an indemnity claim reached $60,253 in 2009 -- of which $19,682 was spent on indemnity and $40,571 was spent on medical costs. In comparison, the 2005 average cost
Hit the link to see a recent column by Fresno Bee writer Dan Walters. I think if you read my previous blog and then read this article, it will clearly illustrate the situation that the Work Comp system is in here in California. Political pandering has muddled the real market
We recently received correspondence from Travelers Insurance stating a customer contacted them praising one of their Claim Professionals. “Thank you so much for your professionalism and prompt response to my communications. It has been a pleasure working with you to solve the issues surrounding this traumatic event. For that reason, I have recommended you
It is unfortunate that the Commissioner of Insurance (Poizner) has repeatedly ignored previous suggestion of rate increases as it would hurt his chances of being Governor, but since he has ignored the warnings of the Workers Compensation Insurance Rating Bureau (WCIRB) (which is an apolitical, quasi-governmental actuarial department) it has
Introducing a brilliant three-step Workers' Comp premium payment strategy that can save you money: Van Beurden Insurance is currently placing Workers' Compensation accounts in The Hartford XactPay® system. It's the fastest growing payment format in the industry. More than 60% of all employers currently use some form of "instant" pay
Our assistance as Work Comp Advisors has just resulted in major savings by one of our clients. What originated as a $79,422.70 additional final audit billing has been successfully protested and reversed resulting in a $4,317.30 premium return. This is a total difference of $83,740 and took three weeks to resolve. Our client