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  • CA: Insurer seeks to duck audit, Speier says (State Workers Comp fund)

    08/10/2006 8:40:42 AM PDT · by calcowgirl · 9 replies · 209+ views
    CONTRA COSTA TIMES ^ | Aug. 10, 2006 | George Avalos
    Senator charges state's largest workers' comp provider with enlisting lobbyists to block probe A state lawmaker on Wednesday accused California's largest provider of workers' compensation insurance of attempting to obstruct efforts to fully audit the carrier, including how rates are set on premiums to pay injured workers. The accusations marked the latest skirmish in a battle over a proposed bill that would enable the state Legislature to audit the administrative and business practices of State Compensation Insurance Fund. State Fund is the largest workers' comp carrier in California with a roughly 38 percent market share. State Fund has spent an...