Insurance companies have a history of problems with the State of California and it seems to be happening again. During a period between the 1990s and early 2000s, many workers compensation carriers either left the California market or stopped writing insurance in the state. Then in 2003, former governor Arnold Schwarzenegger helped create reforms which stopped the exodus of workers Read More
The state of California is subjected to the third highest workers’ compensation rates in the entire US, trailing only Alaska and Connecticut according a survey completed this year. The rate that California businesses pay out is $2.92 per $100 of salary, which is 55 percent greater than the national median rate. In 2010, California was the fifth the last time Read More
There is a legal term that shows up throughout legal documents regarding real estate, personal guarantees and insurance. The rights of subrogation are generally broken up into five different categories. The first is regarding people’s debts, the right of subrogation allows a person who paid off another person’s debt to seek the repayment from that person. There is another subrogation Read More
