Today’s issue of WorkCompRecap features the California DWC’s recent posting of its Audit Unit’s 2014 Annual Report, which details the results of claims administrator audits conducted in 2013, including the number of files audited, numbers and types of violations cited and the amounts of undisputed compensation found due and unpaid to injured workers. Also included is the Administrative Director’s 2014 Audit Ranking Report, which lists administrators audited in 2013 by performance rating. Find out more by clicking here!
Also in the news today is Delaware Insurance Commissioner Karen Weldin Stewart’s recent approval of the Delaware Compensation Rating Bureau’s amended workers’ comp rate filing, which resulted in overall average decreases of 9.7% in the residual market rate and 11.5% in the voluntary market loss cost. The decreases are expected to create about $20 million in insurance cost savings for employers this year. Find out more by clicking here!