California Flooring Business Owners Charged for $3.8M Workers’ Comp Fraud May 14, 2021
Ryan Black, 45, formerly of Fair Oaks, Calif., and Curtis Davis, 53, of Penryn, were both charged this week with three felony counts of workers’ compensation fraud after allegedly underreporting payroll and employees by more than $30 million to save on workers’ compensation insurance premiums.
The underreporting resulted in an approximate loss of $3.8 million to three insurance companies, according to the California Department of Insurance.
Black and Davis were owners of Apex Industry Solutions Inc., a flooring installation company in Sacramento. In October 2017, Apex’s insurance carrier at the time reportedly discovered that two individuals working for Apex were performing floor installations without a license and were receiving 1099 forms as independent contractors instead of W-2 forms as employees. However, Black identified the two workers, along w
Why not push to expand access to auto insurance discounts to those that need them most instead of stripping them from millions of California residents?
California Insurance Commissioner Ricardo Lara called for property insurers in the state to step up and do more to help residents and businesses deal with
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California lawmakers proposing changes in the state’s insurance laws face their first significant hurdles in the next two weeks. These bills must be set, heard and passed by the Insurance Committee in their house by May 7 (or sooner) to meet house of origin deadlines or risk becoming a two-year bill meaning the bill will not come up for consideration again until 2022. The California Department of Insurance (CDI), the state’s primary insurance regulator, is also commencing its own review of new regulatory proposals, making this and the next few months a particularly important time for California’s insurers. Here Manatt provides a snapshot of various insurance policy proposals that will be at the forefront of legislative and regulatory deliberations this year.
/PRNewswire/ Sutter Health | Aetna today announces its plans to offer fully insured products to employers across Northern California for the 2022 enrollment.