WorkCompNews 072726
FL - Certificate renting alleged; CT - Allegations of non-coverage; NS - Tip theft alleged; CA - Underwriting loss widens
"Investigators said the group used at least seven interconnected shell companies and a workers' compensation fraud method known as 'certificate renting.'"
"investigators determined C&D Gutama Construction did not have an active workers' compensation policy at the time of the February 2024 inspection and it didn't obtain another policy until about a month later. "
"We feel quite strongly that tips belong to the employees, and that that's best practice."
"in 2025 as incurred losses and expenses reached 102% of earned premium"

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