A nonprofit organization that runs competitive youth rowing programs is asking the Department of Insurance Administrative Law Bureau to intervene in a reclassification dispute with its workers’ comp carrier and the Workers’ Compensation Insurance Rating Bureau. The organization’s operations were moved into a class with a pure premium rate more than 2.5 times the rate …
The Workers’ Compensation Insurance Rating Bureau’s Classification and Rating Committee approved a plan that could have employers with payroll assigned to classification 2102 covering fruit and vegetable dehydrating operations being combined with employers that perform preserving and pickling operations. The move, if approved by Insurance Commissioner Ricardo Lara, would take effect September 1, 2026. The …
The Workers’ Compensation Insurance Rating Bureau says the workers’ comp data underlying classifications covering employers performing surface mining (1122) and ore milling (1452) have low credibility for ratemaking purposes due to the relatively few risks covered and the limited payroll in each classification. But after studying whether combining the operations into a single classification or …