CA: Senate Passes Extension on CIGA's Authority to Issue Revenue Bonds for Workers' Comp Claims

SACRAMENTO, CA - By a vote of 34-0, the state Senate passed SB 1242, which will extend the sunset date from January 1, 2011, to January 1, 2013, for the California Insurance Guarantee Association to issue revenue bonds to pay workers' compensation claims. The bill has been sent to the Assembly for...