New Rules for the Bureau’s Regs

The California Department of Insurance (CDI) has approved most of the Workers’ Compensation Insurance Rating Bureau’s September regulatory filing. The new rates are still pending. The Bureau says that this approval lowers the threshold for experience rating from $9,500 to $9,200 to reflect wage inflation and the new expected loss rates. Additional approvals include: There … Read More »

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Additional Limited Payroll Classes In The Works

The Workers’ Compensation Insurance Rating Bureau’s Classification and Rating Committee approved a proposal to apply payroll limits to six more classifications with high rates of pay and relatively low losses. The measure passed unanimously, but not before some members raised concerns about the added burden and cost such limits create for payroll audits. The Bureau … Read More »

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