Bureau Combines Circuses and Theaters

The Workers’ Compensation Insurance Rating Bureau’s next regulatory filing will include a proposal to split the current class covering carnivals and circuses. The plan is to have the handful of risks operating circuses move to the state’s theater classification. The Bureau is a private organization with quasi-governmental responsibility. It is financially supported exclusively by insurance … Read More »

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Employers Holdings Reduces Staff

Employers Holding Inc. (NYSE: EIG) officials revealed that the carrier underwent a companywide reduction in force to lower its expense ratio during the first quarter of the year. New CEO Katherine Antonello announced the cuts as part of the company’s earnings call with analysts – Antonello’s first as head of the carrier group. “We underwent … Read More »

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Compline Goes Daily in Major Upgrade

The Compline X-Mod database and associated systems have moved to daily updates. Compline members now get workers’ comp X-Mod changes daily and receive Modwatch – notices X-Mod changes for risks … Read More »

Three Separate Employers Indicted For Hiding Payroll

District Attorneys in three counties are pressing fraud charges against employers accused of hiding millions of dollars in payroll from their insurance carriers in a bid to lower their workers’ comp premiums. In one case the employer claimed to have only one full time employee, but prosecutors say they’ve found at least $1.7 million in … Read More »

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Outdated Definition Inflates Employer’s Workers’ Comp Rate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schools, churches, and others is being forced to pay a far higher rate for its workers’ comp coverage because of an outdated definition in the state’s classification system.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 … Read More »

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2021 Rates Are Out: Lara Rejects COVID-19 Surcharge

In a stunning blow to the Bureau and a major victory for California’s employers Insurance Commissioner Ricardo Lara issued the 2021 pure premium advisory rates. There is an 8.6 overall average difference between what the Bureau recommended and what Lara approved. He is rejecting the Bureau’s filing for a COVID-19 surcharge on all employers – … Read More »

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Will There Be Consolidations For Steel Erection Classes?

The Bureau is backing a plan to consolidate seven different classifications and/or subclasses covering iron and steel erection operations into just two classifications – one covering structural operations and a second for operations installing items like handrails and elevated floors. One of the moves will have a minimal impact on covered employers of roughly a … Read More »

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