2008

State Compensation Insurance Fund (SCIF) has filed for an 8.9% workers’ compensation rate increase. The rate filing discounts the advice of the actuaries at the California Department of Insurance and at the Workers’ Compensation Insurance Rating Bureau, which recommended increases of 9.4% and 16% respectively. The rate increase is almost

This rule is effective Jan. 30, 2009. State compliance is required by Jan. 30, 2012. All CDL holders must comply with the requirement to submit to the State Driver Licensing Agency (SDLA) in the case of California that would be the Dept. of Motor Vehicles or (DMV) their self-certification on

SACRAMENTO – California’s unemployment rate was 8.2 percent in October, and nonfarm payroll jobs declined by 26,400 during the month, according to data released today by the California Employment Development Department (EDD) from two separate surveys. The U.S. unemployment rate also increased in October to 6.5 percent. In September, the

Dear Valued Supplier & Customer’s Our records show that your association provided products and/or services for Central California Kenworth (CCKW). On behalf of Papé Trucks, I’m pleased to announce that on June 29, 2008, we have purchased the assets of Central California Kenworth. This acquisition is now official and, as

Opperman & Son Inc, has opened a second location on October 1st to better assist there customer. Opperman Sells Used and New Equipment, dump bodies and equipment parts. Oppermans & Son Inc. new location is in Santa Rosa, CA. located near the 101 Freeway. Address: 3175-A Santa Rosa, CA. 95407

Houston, Texas (October, 2008) – Strong Industries, Inc. announced a voluntary recall of hydraulic cylinders used on Stron Arm™ liftable trailing axles manufactured between February 2007 and September 2008. The affected cylinders are used to raise and lower the Stron Arm™ axle. An inadvertent change made in a design drawing

Nearly one million individuals and businesses filed bankruptcy in the 12 months ended June 30, according to U.S. Bankruptcy Court data released in late August. There were 967,831 bankruptcy cases filed since July 1, 2007, up 28.9% from the prior 12 months, when cases totaled 751,056. The largest percentage increase,

The latest home value estimates from Zillow.com contain an interesting set of numbers on Los Angeles-area homes that are worth less than their mortgages. Only about 1% of LA-area homes purchased in 2003 have negative equity, Zillow reports. But a bell curve emerges, with 24% of homes purchased in 2004 now underwater.

As we enter the second year of crisis within the credit markets all is not well now for banks and government-sponsored enterprises (GSEs), specifically Fannie Mae and Freddie Mac. Last month, the U.S. Treasury was granted the power to extend its credit lines to the GSEs and to invest in

With medical inflation on the rise and a full year with no change in California workers’ compensation pure premium rate, the Workers’ Compensation Insurance Rating Bureau of California is recommending a 16% overall average increase to pure premium rates. It is for new and renewing policies as of Jan. 1,