The California Fraud Assessment Commission is holding the line on employer assessments for 2021 at $77,909,442, with roughly $46 million going to the state’s District Attorneys next fiscal year. Commission …
California’s workers’ comp actuaries are recommending against using the industry’s second-quarter experience in the rate-making process for 2021 advisory pure premium rates due to the gross distortions in the data …
The bill signing season is well underway. Governor Gavin Newsom put pen to paper on many bills, including measures increasing the number of exemptions to the Dynamex ABC test and …
The Governor signed SB 1159, creating the rebuttable presumption that cases of COVID-19 are work-related. The law requires certain conditions to be met — including the obvious requirement that an …
The Workers’ Compensation Insurance Rating Bureau’s governing committee just approved amending the January 2021, pure premium rate filing. It is recommending the application of a six-tier surcharge for COVID-19 costs …
The Workers’ Compensation Insurance Rating Bureau’s Actuarial Committee just approved amending its filing for 2021. The per-class COVID-19 surcharge that it is recommending to be added to pure premium rates …
The Workers’ Compensation Rating Bureau of California made it official. It filed for a proposed 2.6% increase in the average advisory pure premium rates for 2021 – the first increase …
State Compensation Insurance Fund reports that net earned premium through the first half of 2020 is down over 20%. The decrease helped drive up its combined ratio to nearly 146% …