Join Today!
View Membership Benefits
Featured Articles
Read Related Articles
Upcoming Events
View our upcoming events
History of Self-Insured Groups
In 1994, legislation in California was signed into law authorizing groups of private employers to form workers’ compensation group self-insurance programs. Because of the implementation of open rating in 1995, rates declined to historic lows over the next few years. As a result, employers did not begin to take advantage of the money saving opportunities group self-insurance offered until 2002 when the first group workers' compensation program was approved. Since then, many more employers have discovered that self-insurance is a very cost effective means of taking control over their workers’ compensation insurance responsibilities.
SIG Self-Insurance by the Numbers
- $7 Billion total self-insured payroll
- 234,227 CA Workers covered by self-insurance
- 25 CA Groups are active self-insurers
- 1,770 CA Group members are active self-insurers
- $214 Million Estimated Claims Reserves (EFL)
- $100 Million Medical and Indemnity payments
- 4,772 Open Workers’ Compensation cases