Self-Insured Employers

SAN FRANCISCO - In order to be self-insured for workers' compensation, employers must either be large and financially sound or in the public sector. Mark Ashcraft is the manager of self-insurance plans for the Department of Industrial Relations. In a recent speech before the Society of Chartered Property and Casualty Underwriters (CPCU), he said that many employers decide to self-insure for workers' comp because it gives them control and saves them money. "But some might self-insure even if it did cost mo