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Spring Forum

May 11, 2023 | Hyatt Regency Huntington Beach Resort and Spa

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Day at the Races

Friday, June 16, 2023 | Santa Anita Park, 285 W. Huntington Drive, Arcadia, CA 91007

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business.jpgHistory 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.

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3620 American River Drive, Suite 230, Sacramento, CA 95864 | 855.735.7403 (toll free) | 916.932.2209 fax | info@ca-sig.org

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