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Blog Post: DIR Announces 2025 California Workers’ Comp User Funding Assessment Rates

LexisNexis

Oakland, CA -- The California Department of Industrial Relations (DIR) has issued the 2025 assessments that workers’ compensation insurers are required to collect from policyholders to cover the budget of the state Division of Workers’ Compensation (DWC) and five related programs set up by state lawmakers.

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5 Best Practices for Effective Claims Reviews

Risk Management Monitor

The policyholder’s unique objectives should drive decisions about how often to conduct the claims reviews, what types of claims to include and where to dive into the greatest detail. As a result, within about two years, the program cut the manufacturer’s workers compensation loss ratio roughly in half.

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A Comprehensive Overview of Surety Bonds

Distinguished

If the principal fails to fulfill these obligations, the surety is responsible for rectifying the breach, either through financial compensation or by ensuring the completion of the contract. Insurance Products: Insurance transfers risk from the insured (policyholder) to the insurer (insurance company).

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Landlord insurance cover and other FAQs

Cover4LetProperty

As with any security deposit, it needs to be returned – less any deductions that are agreed upon – to the tenant when the tenancy ends. The broker’s job is to bring that – and other elements like it – to the attention of a potential policyholder to provide them with informed choices. Do these areas include all-risks cover?

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Professional Agent’s Guide for Learning How to Sell Annuities

Redbird Agents

Also, always make sure and check your contracts for updated compensation details and commissions. This is a misconception from many clients that the commissions are deducted from the balance of their annuity. Accumulation side of an annuity is the amount of funds available to the policyholder through cash surrender or withdrawals.

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