Tagged in: ELR

Less Rate Volatility For Smaller Classifications

The Workers’ Compensation Insurance Rating Bureau’s actuarial committee members gave their support for a change to the Bureau’s ratemaking process that should keep workers’ comp rates for smaller classifications from swinging widely from one year to the next. The Bureau already has a policy that limits changes from increasing or decreasing rates by more than … Read More »

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CDI Considering Class Changes, Updated ELRs

The California Department of Insurance held a public hearing last week to take public comment on the September 1, 2025, regulatory filing by the Workers’ Compensation Insurance Rating Bureau. The proposal, which includes several classification changes, increases to the minimum/maximum payroll limits for certain classes, and updates to the ELRs and D-Ratios, drew little response … Read More »

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