The workers’ compensation insurance industry is not making a profit, says an analyst of the American insurance industry, and is currently losing 8.5 cents on every dollar of premium it collects.  This means rates will continue to rise in order to move the industry to profitability.  Although the situation has improved, most carriers are trying to recover from several years of negative results. 

Greg Nelson

In addition to its drought web page which was announced last week, the California Department of Food and Agriculture (CDFA) is teaming with the United States Department of Agriculture (USDA) to hold information sessions for farmers on various drought resources that are available to them. According to a press release issued February 12, the sessions will be held throughout the state and will provide information on a variety of state and federal programs.   Information sessions begin on February 18th and are scheduled to run through February 26.     

 

Western Growers

The Treasury Department announced today more changes to the large employer mandate.  The mandate requires employers with 50 or more full time equivalent employees (“employees”) to offer health benefits to full-time employees or face potential tax penalties (smaller employers are not subject to the mandate). The mandate was set to begin January 1, 2014.  The Obama Administration previously delayed the mandate in the summer of 2013 until 2015.

Jonathan Alexander

The February 2014 edition of the WG&S Magazine is in the mail.  Here’s a preview of some of the stories you will see:  

 

Cover Story

Perishable Agricultural Commodities Act: The PACA is here to help!

 

President’s Notes

Why I Think 2014 is the Year We Get Immigration Reform

 

Member Profile

Commodity Focus Drives Beachside Produce

Jeff Janas

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Insurance

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