Employers & Brokers Can Influence Rate Decision
Insurance Commissioner Ricardo Lara will hold a hearing next month to review the insurance industry’s request for a 2.7% increase in California’s workers’ comp advisory pure premium rates. At the …
Tagged in: CDI
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 …
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Applied Underwriters Gets A Win In Discovery Dispute
Applied Underwriters received a green light from the San Mateo Superior Court to depose several California Department of Insurance officials in its ongoing battle against California’s conservation and rehabilitation of …
Applied Underwriters’ Prevented From Pulling Assets Out of California
The California Department of Insurance denied a request from Applied Underwriters to transfer over half of California Insurance Company’s assets to an out-of-state entity. CDI demands the controversial carrier first …
State Fund Goes 1-1 In Rate Filing Cases
A Sacramento Superior Court judge dismissed a State Compensation Insurance Fund lawsuit against Insurance Commissioner Ricardo Lara. But the California Department of Insurance’s administrative law judge is allowing State Fund to depose key Department officials as a related case moves forward. Both disputes focus on whether or not State Fund properly filed an algorithm for …
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MEWA Claims Poverty to Avoid $4.3M Penalty
Officials behind the illegal workers’ comp programs run by American Labor Alliance and its alter ego Omega Community Labor Union were back before a California Department of Insurance administrative law …
Outdated Definition Inflates Employer’s Workers’ Comp Rate
A California employer that sells and rents high-tech audio equipment to production companies, schools, churches, and others is being forced to pay a far higher rate for its workers’ comp coverage because of an outdated definition in the state’s classification system. A California Department of Insurance administrative law judge says the Workers’ Compensation Insurance Rating …
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Budget Proposal Includes COVID-19 Related Positions For DIR
Gov. Gavin Newsom unveiled a proposed $227.2 billion state budget that includes emergency COVID-19 relief funding for businesses and unemployed Californians. The budget also calls for an extra $8.7 million to fund 43 new positions at the Department of Industrial Relations to implement chaptered legislation related to the pandemic and expanded worker protections. The $227.2 …
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