Santa Monica Workers’ Comp claims surge due to ‘catastrophic’ claims
Santa Monica’s workers' compensation program saw a significant 29.5% increase in total liabilities during the 2023-24 fiscal year, largely driven by three catastrophic claims that accounted for $7.9 million of the $8.2 million total increase, according to an annual report released Tuesday. According to City Finance Director Oscar Santiago, total program liabilities...
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