FOR IMMEDIATE RELEASE
The Commission on Health and Safety and Workers' Compensation Approves Report on California's Volatile Workers' Compensation Insurance Market
OAKLAND -- The Commission on Health and Safety and Workers' Compensation (CHSWC) has approved for posting and feedback the report “California’s Volatile Workers’ Compensation Insurance Market: Problems and Recommendations for Change.” The report identifies the factors that contributed to the insurance market volatility and the large number of insolvencies following price deregulation and suggests policy changes that can reduce the severity of these problems in the future.
CHSWC is charged with examining the health and safety and workers’ compensation systems in California and recommending administrative or legislative modifications to improve their operation. The Commission was established to conduct a continuing examination of the workers’ compensation system and of the state’s activities to prevent industrial injuries and occupational illnesses and to examine those programs in other states.
Information about the report “California’s Volatile Workers’ Compensation Insurance Market” and CHSWC is available at www.dir.ca.gov/chswc and by writing to the Commission on Health and Safety and Workers' Compensation, 1515 Clay Street, Room 901, Oakland, CA 94612, by calling (510) 622-3959, by faxing a request to (510) 622-3265, or by emailing email@example.com.