News Coverage

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.

July 11, 2024 – The California Restaurant Mutual Benefit Corporation (CRMBC) has announced a 71.8% increase in annualized revenue, growing from $10 million to $17.2 million. This growth reflects CRMBC’s commitment to exceptional workers’ compensation solutions for the restaurant industry. CEO Kaya Stanley attributes this success to the hard work of the team and the strategic leadership of the board.
July 11, 2024 – CRMBC, a leading workers’ compensation provider for California’s restaurant industry, announced a 71.8% revenue increase, rising from $10 million to $17.2 million. This growth underscores CRMBC’s strategic leadership and tailored solutions. CEO Kaya Stanley credits the dedicated team and new board members for their roles in this success.
June 6, 2024 – The California Restaurant Mutual Benefit Corporation (CRMBC) has appointed Pacific Claims Management as its new third-party administrator (TPA). CEO Kaya Stanley highlighted the importance of a TPA in maintaining group health, speeding claims closures, and improving financial performance. CRMBC, with 126 affiliates operating about 500 locations, saw nearly $20 million in member equity in 2022.
June 4, 2024 – The California Restaurant Mutual Benefit Corporation (CRMBC) has appointed Pacific Claims Management as its new third-party administrator (TPA). CEO Kaya Stanley highlighted the importance of a TPA in maintaining group health, speeding claims closures, and improving financial performance. CRMBC, with 126 affiliates operating about 500 locations, saw nearly $20 million in member equity in 2022.
April 12, 2024 – The California Restaurant Mutual Benefit Corporation (CRMBC) is welcoming the upcoming changes in workers’ compensation classifications for the state’s restaurant and hospitality sectors, effective September 1. Announced by the Workers’ Compensation Insurance Rating Bureau of California (WCIRB), the update introduces six new classifications to better reflect the industry’s diverse operations and risk profiles.

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.

December 19, 2023 – The California Department of Industrial Relations has announced a significant $1.7 billion increase in assessments for the fiscal year 2023/2024, affecting workers’ compensation insurers. As a result, brokers should prepare for an 11% rate hike in 2024. CRMBC highlights the necessity for strategic responses and comprehensive risk management consultations to navigate this shift from a soft to a hard market, impacting the state’s restaurant industry.

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.

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