Through the first nine months of 2020, including seven months of a COVID-19 upended economy, the State Compensation Insurance Fund reports that its net premiums earned are off 18% from …
California’s workers’ comp insurance industry was already profitable entering 2018, and the latest data indicates it profits are increasing. The workers’ comp industry’s underwriting ratio improved by a full 10 …
California’s workers’ comp insurers last year spent 38 cents out of every premium dollar on adjusting claims, commissions, and expenses other than benefits for injured workers, according to a new …
High attorney involvement, elaborate regulatory schemes, medical care conducted on a lien basis, and scores of cumulative trauma claims filed on a post-termination basis are just a few of the …
Insurance Commissioner Dave Jones is now officially considering competing recommendations for a 2017 pure premium rate cut. The recommended decrease is between 4.3% and 8.2% for new and renewal workers’ …
The Bureau’s governing committee is considering a modest rate cut for Jan. 1, 2016. The cut will be leading the discussion as it meets next week to prepare its annual workers’ …
Insurance Commissioner Dave Jones is promising to make quick work reviewing the Workers’ Compensation Insurance Rating Bureau’s request for a 10.2% decrease in the workers’ comp pure premium rates for …
Through the first nine-months of 2014 the State Compensation Insurance Fund is reporting that its earned workers’ comp premiums are up nearly 50% from the year-ago period, but losses and …