Calif Workers' Compensation Institute

“Cwci has two classes of membership: 1) workers' compensation insurance companies (members) and 2) self-insured employers (associate members). One representative from each member may cast one vote to elect members of the governing body.”

“Members vote annually on governing body members.”

“The entity's accounting firm forwarded the form 990 to the svp, coo/cfo/treasurer. The svp, coo/cfo/treasurer reviewed the return and sent the final copy to the audit committee of the board of directors for their review and approval prior to filing. The audit committee members are independent members for the board of directors. Next, the audit committee members were instructed to review the form 990 and to contact the svp, coo/cfo/treasurer with any questions. Then, the audit committee formally meets with the audit firm partner and ultimately voted to accept the form 990. A written record of the action was maintained and presented to the board of directors. A copy of the audit and form 900 was made available to any member.”

“The conflict of interest policy is regularly reinforced with all employees. Annually, the conflict of interest policy is distributed to the board of directors and all employees and each must return a signed conflict of interest disclosure statement. Any disclosed conflict is reported to the audit committee by cwci's svp, coo/cfo/treasurer. The audit committee will either accept or refer to the board of directors for final action as needed. If a conflict is identified, the member cannot participate in any discussion or voting related to the matter.”

“The president's compensation is reviewed and determined by the executive committee of the board of directors. The changes are approved by the executive committee. The compensation of all other employees, including officers and key employees, is managed by the president within the annual budget, which is approved by the board of directors. All compensation changes require two levels of approval.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request for the same period of time set forth in sec. 6104(d).”

“The california workers' compensation institute is a private, nonprofit organization of insurers licensed to write workers' compensation in california, as well as public and private self-insured employers, who serve as associate members. Cwci's primary function is to collect and analyze claims data to improve benefit delivery to injured workers, identify system-wide trends, assist members in assessing their own operations, and to address key issues of interest to the workers' compensation community and public policymakers. Cwci analyzes statutes and regulations and provides testimony to public policymakers in support of a rational regulatory environment and participates in judicial cases to advocate a reasonable understanding of the workers' compensation system. The institute also produces a wide variety of research publications, provides information and technical training to help industry professionals stay abreast of changes, and serves as a forum where members can consider system-wide issues and reach consensus on practical solutions.”