Tagged in: CDI

CDI Focuses On Frequency in Workers’ Comp Rate Filing

The California Department of Insurance continues to review the insurance industry’s request for a 2.7% workers’ comp rate hike. Documents obtained by Workers’ Comp Executive indicate that an important area of focus is the Workers’ Compensation Insurance Rating Bureau’s indemnity claim frequency projection. The difference between the Bureau’s projection and one developed by an independent … Read More »

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District Attorneys Jockey For Anti-Fraud Funds

District attorneys from around the state made last-ditch presentations to bolster their requests for a share of the nearly $46 million that is up for grabs this year to fight workers’ comp fraud in the state. The money is part of the $78 million that California employers are required to pay to support the DAs … Read More »

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Will Pure Premium Increase or Decrease?

Insurance Commissioner Ricardo Lara held a hearing regarding California workers’ compensation pure premium rates yesterday. He heard from both the insurance industry and from employers and organized labor representatives on … Read More »

California Rate Recommendations’ Differences Largest In A Decade

The Workers’ Compensation Insurance Rating Bureau made its pure premium rate filing official last week and sought a 2.7% increase in California workers’ comp advisory rates effective September 1, 2021 – the first increase since rates began to fall in 2015. The filing is at odds with the recommendations made by the public members of … Read More »

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