Mountaineer Race Track & Gaming Resort has increased its on-track catastrophic injury coverage for jockeys from $100,000 to $1 million through Dec. 17, 2006.
Southern California Thoroughbred trainers waking up to workers' compensation insurance increases effective July 1 are planning to meet Tuesday at Hollywood Park to consider a possible boycott of the entry box to get the attention of track management and the state legislature.
California racing has "definitely turned a corner" on the workers' compensation insurance crisis, the leader of the state's trainer association said, but a reduction in premiums is at least a year away.
California Thoroughbred trainers who have not switched their workers' compensation insurance coverage to private carrier American International Group can do so March 1, but the broker who helped negotiate the industry's deal with the insurance giant doesn't think there'll be much, if any, response.
At least two prominent Southern California-based trainers are ready to move east over the state workers' compensation insurance crisis.
A new workers' compensation insurance program for California's backstretches went into effect Friday with the promise of bringing costs back to manageable levels.
California horsemen remain on the verge of finalizing a deal for lower workers' compensation insurance rates, but the program is unlikely to launch by the projected Nov. 15 starting date, the head of the state's trainer organization said Nov. 11.
Legislation allowing California horsemen to use a portion of the money generated from off-track wagering to help defray spiraling workers' compensation insurance costs has been signed into law by Gov. Gray Davis. It's one of several horse racing-related bills in the state approved this week.
The California Horse Racing Board Wednesday opened the door for tracks to pursue a workers' compensation insurance agreement that would bring relief to racing operations throughout the state.
California racing officials were unable to come to an agreement Monday on a formal proposal for a statewide workers' compensation insurance plan, but a representative for horse owners said progress was made following an afternoon-long session at Santa Anita.
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