Workers Comp Plan for CTBA Member Farms Announced

ARCADIA, Calif. (Mar. 26, 2008) – MOC Insurance Services/Maroevich, O’Shea & Coghlan, and the California Thoroughbred Breeders Association (CTBA) on Wednesday announced the formation of a program with an A-rated insurance company carrier designed to lower workers compensation costs for CTBA member farms.

MOC Insurance Services was at the forefront of resolving the workers compensation crisis in the early part of the decade. In 2002, John Unick, president of the thoroughbred racing division of MOC, brokered the deal that led to the formation of industry-owned captive insurance model known as the California Horsemen’s Safety Alliance (CHSA). The risk management approach of the CHSA led the efforts that have driven California workers compensation premiums from the highest in the nation to among the very lowest.

“Our formula for success is very straightforward. We commit ourselves to the nuances of the many different aspects of the thoroughbred racing industry before we launch exclusive programs,” said Unick. “We have been working closely with the CTBA for several years and we are confident we have chosen the right carrier and risk approach.”

Carmina Angka, vice president and Sara Przemielewski, manager of the thoroughbred racing division of MOC worked with Unick on the operational structure of the CTBA program and CHSA program.

“The development of the on-track safety alliance program by John Unick and the CTT (California Thoroughbred Trainers) was a long process but John kept to the task and the program has been very successful,” said CTBA President Leigh Ann Howard. “Input from our farm members has enabled him to build a workable program with our California breeding farms that should be similarly successful.”

MOC Insurance Services is a San Francisco headquartered insurance brokerage firm providing risk management and employee benefits consulting services. The combined entity creates an organization with over 50 professional employees in three locations servicing clients nationwide with annual premiums exceeding $100 million.


Contacts: John Patrick Unick, President, Thoroughbred Racing Division
MOC Insurance Services/Maroevich, O’Shea & Coghlan
San Francisco, California
junick@mocins.com  www.mocins.com

Doug Burge, Executive Vice President and General Manager
California Thoroughbred Breeders Association
Arcadia, California
dburge@ctba.com  www.ctba.com

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