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Insurance

Nov. 13, 2014

Enforceability of agreements to arbitrate insurance disputes

California's insurance commissioner has taken on the workers' compensation insurers who have employed side agreements to bypass the oversight and regulatory scheme. By Joan Cotkin


By Joan Cotkin


California Insurance Commissioner Dave Jones has taken on the workers' compensation insurers who have employed side agreements to bypass the oversight and regulatory scheme set up by the Workers' Compensation Insurance Rating Bureau (WCIRB) and the California Department of Insurance (CDI).


Under Labor Code Section 3700, employers in California must buy workers' compensation insurance. The state closely regulates this insurance...

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