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Backed into a corner by workers' compensation insurance rates expected to soar to 70% of trainer payroll, Quarter Horse officials at Los Alamitos Race Course in Southern California are fighting back with a plan that will cut costs by more than half in most cases.
Monday, June 16, 2003California 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.
Friday, June 13, 2003California 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.
Friday, February 28, 2003The idea of an industry-owned insurance company was floated during a major meeting on issues such as workers' compensation. Meanwhile, the chairman of the Jockeys' Guild called on the industry for financial support to alleviate a "crisis."
Tuesday, December 10, 2002California 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.
Monday, November 11, 2002A new workers' compensation insurance program for California racing might be implemented by Nov. 15, according to the head of the state trainers' association.
Friday, November 01, 2002Industry representatives will gather Dec. 10 in Tucson, Ariz., to discuss a plan for a broad national health insurance program.
Tuesday, October 15, 2002California 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.
Monday, September 23, 2002California racing officials are examining the latest workers' compensation insurance proposal submitted by a major company, one that would significantly reduce rates paid by trainers.
Tuesday, September 17, 2002California racing officials are hoping for a breakthrough on their longstanding workers' compensation insurance roadblock.
Tuesday, September 03, 2002A new deal for workers' compensation insurance in California may go into effect as soon as Sept. 1, but many trainers in the state remain unconvinced is the ultimate answer.
Monday, August 26, 2002Eureka Stud in the northern Australian state of Queensland is facing a Supreme Court action seeking $23 million (Australian funds) in lost earnings by deceased stallion Brave Warrior.
Thursday, August 08, 2002California horsemen and racetracks could create a workers' compensation insurance fund with purse money diverted from marketing programs as well as their vanning and stabling program under legislation headed for the state Senate.
Wednesday, June 26, 2002California racing officials have shelved plans to seek an increase in the percentage of money taken out of their betting pools to help defray increasing worker' compensation costs.
Monday, May 27, 2002Gaines-Gentry Thoroughbreds is suing a prominent Central Kentucky insurance company for negligence, fraud, and breach of contract associated with the coverage of a Storm Cat--Beautiful Bid foal and the stallion Indian Charlie.
Tuesday, May 14, 2002California racing officials pondering what to do about a building workers' compensation insurance crisis are closer to submitting legislation that would increase pari-mutuel takeout in the state.
Monday, April 15, 2002The general manager of California's only Standardbred racing association said it's unfair for harness horsemen to be lumped into the same workers' compensation insurance category as those who race Thoroughbreds and Quarter Horses. He called the premiums "outrageous" and said the state needs to take action.
Friday, March 01, 2002Despite a workers' compensation crisis, California trainers continued to enter horses for weekend programs in the state. But officials are concerned about the ramifications if the situation isn't resolved soon.
Thursday, February 28, 2002Given the state's mandate that trainers at racetracks must carry current workmens' compensation policies, horsemen whose policies expire March 1 were scrambling to find alternatives this week. The crisis threatens to force some trainers out of the business.
Thursday, February 28, 2002The Jockeys' Guild has entered into a contract that will restore health insurance, including major medical coverage, for its members and their families, effective Jan. 1, 2002.
Thursday, December 06, 2001Prospective foal insurance used to be about the new owner of a pregnant broodmare protecting his investment after the purchase. At this year's Keeneland November breeding stock sale, insurance coverage became an incentive to buy the mare in the first place.
Tuesday, November 13, 2001A jockey was sentenced to three years' probation and ordered to pay $30,000 in restitution after California investigators found he purposely fell off his mounts to collect disability benefits.
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