CRMBC News Coverage
October 22, 2024 – Kaya Stanley leads CRMBC, offering California restaurants an innovative self-insurance model for workers’ compensation. Leveraging her diverse background in law, public policy, and restaurant management, Stanley transformed CRMBC, creating a surplus and returning $6 million to members. The organization focuses on responsible risk management, cost-sharing, and injury prevention, prioritizing worker care while protecting against fraud.
October 14, 2024 – NORMS Restaurants, celebrating its 75th anniversary, has joined California Restaurant Mutual Benefit Corporation’s (CRMBC) self-insured workers’ compensation group. This partnership aims to enhance employee safety and reduce costs, with NORMS expecting to save $150,000 in the first year.
October 14, 2024 – NORMS Restaurants, celebrating its 75th anniversary, has joined California Restaurant Mutual Benefit Corporation’s (CRMBC) self-insured workers’ compensation group. This partnership aims to enhance employee safety and reduce costs, with NORMS expecting to save $150,000 in the first year.
October 11, 2024 – NORMS Restaurants, celebrating its 75th anniversary, has joined California Restaurant Mutual Benefit Corporation’s (CRMBC) self-insured workers’ compensation group. This partnership aims to enhance employee safety and reduce costs, with NORMS expecting to save $150,000 in the first year.
September 20, 2024 – Miguel’s Jr. Restaurants has joined California Restaurant Mutual Benefit Corporation’s self-insured group for workers’ compensation. This move reflects Miguel’s Jr.’s commitment to a more personalized, collaborative approach. CEO Javier Vasquez highlighted benefits including better employee care, cost savings, and alignment with company values.
September 20, 2024 – Miguel’s Jr. Restaurants has joined California Restaurant Mutual Benefit Corporation’s self-insured group for workers’ compensation. This move reflects Miguel’s Jr.’s commitment to a more personalized, collaborative approach. CEO Javier Vasquez highlighted benefits including better employee care, cost savings, and alignment with company values.
September 20, 2024 – Miguel’s Jr. Restaurants has joined California Restaurant Mutual Benefit Corporation’s self-insured group for workers’ compensation. This move reflects Miguel’s Jr.’s commitment to a more personalized, collaborative approach. CEO Javier Vasquez highlighted benefits including better employee care, cost savings, and alignment with company values.
September 19, 2024 – Miguel’s Jr. Restaurants has joined California Restaurant Mutual Benefit Corporation’s self-insured group for workers’ compensation. This move reflects Miguel’s Jr.’s commitment to a more personalized, collaborative approach. CEO Javier Vasquez highlighted benefits including better employee care, cost savings, and alignment with company values.
Aug 14, 2024 – In this article, CRMBC CEO Kaya Stanley explores the impact of longer life expectancy on workers’ compensation costs. She discusses how medical advancements have extended claim durations, driving up expenses and creating ethical and financial challenges for businesses. Stanley offers strategies for balancing care quality with financial sustainability, particularly for industries like restaurants that are heavily affected by these trends.
Feb 20, 2024 – The California Restaurant Mutual Benefit Corporation (CRMBC) has welcomed the Tahoe Restaurant Group (TRG) as its latest member.
TRG operates four establishments in resort communities and has a workforce of 400. The company is known for its family-friendly, full-service casual dining.
Dec 21, 2023 – CRMBC responds to increased insurance assessments for 2024 announced by the Department of Industrial Relations. CEO Kaya Stanley highlights the shift from a soft to hard market, emphasizing the need for strategic responses from brokers and restaurant owners. The article discusses the impact on brokers, including communication of rate changes and enhanced risk management, while encouraging restaurant owners to reassess insurance options and focus on safety measures.
October 18, 2023 –
California Restaurant Mutual Benefit Corp. raised $100 million over a decade from members and fiscal controls. Initially facing an $80 million deficit due to mismanagement, the group implemented a successful remediation plan. With new leadership and The PATH Alliance as administrator, CRMBC reported nearly $20 million in member equity by 2022, reflecting its commitment to sustainable workers’ compensation solutions for the restaurant industry.
CRMBC is a California Self-Insured Group (SIG) formed BY restaurant owners FOR restaurant owners. Choosing to opt out of commercial insurance that uses premiums to boost their substantial profits and overhead, CRMBC is a group of business-savvy restaurant owners who joined forces to self-insure their work comp for sustainable cost savings.
Contact CRMBC today and experience our commitment to exceptional customer service, prompt assistance, and personalized support. We look forward to assisting you and addressing any questions or concerns you may have.
