CALIFORNIA WORK COMP EXCLUSION RULES – SENATE BILL 189 UPDATE
Assembly Bill 2883 (AB2883) became effective January 1, 2017, and changed the law regarding which corporate officers or members of boards of directors could be excluded from coverage under their workers’ compensation insurance policies. Under AB2883, an individual officer/director must own at least 15% of a corporation’s stock, be a general partner in a partnership or…