News Archive

Email A Friend

More News

April 25, 2024
California Department of Industrial Relations and Cal/OSHA Will Honor Workers’ Memorial Day at Four Events in California on April 28th-29th 2024. Cal/OSHA Joining Partners in Arcadia, Richmond, San Diego and San Francisco.

April 23, 2024
California Division of Workers' Compensation Launches Online Portal for Submission of QME Medical-Legal Reports

April 22, 2024
California Division of Workers’ Compensation Posts Updated Time of Hire Notice

April 22, 2024
Sullivan on Comp Launches ChatSOC. It's an Innovative Chatbot for California Workers' Compensation Professionals Integrated with an Authoritative Legal Treatise

"Hey, Matt, did you hear about…?"

Uh-oh. Another slippery item has tumbled out of the Rumor Mill.

Sure, rumors happen all the time. Their origins can be highly ambiguous, mysterious and often take on a life, even if ephemeral, of their own.

adjustercom.com recently fielded "strong rumors" that the venerable Fireman’s Fund Insurance Co. was opting out of the California WC market.

Well, now, hold on a second. Given that Fireman’s would appear to be one of the more unshakeable monoliths—remember, the company began in 1863 in San Francisco and five years later was operating world wide, and the next thing you know it was meeting obligations arising from the Great Chicago Fire…and then survived the San Francisco earthquake and fire of ’06, and today is one of the largest in the world and a family member of the massive Allianz A.G. of Munich, Germany—this rumor stuff is something that definitely needed to be checked out.

This wouldn’t take long. After checking with senior officials at Fireman’s corporate offices in Novato, Calif., company spokesman John Kozero replied: "There is absolutely no truth to the rumor that Fireman’s Fund is leaving the California Workers’ Comp market."

Kozero speculated that such a rumor might have cropped out of "a case or two that might have been more selective than usual," adding, "Someone’s always talking" in trade-talkese.