WCIRB Disappoints on Telecommuter Rate

The Workers’ Compensation Insurance Rating Bureau’s Governing Committee approved a filing creating a new 8871 classification — for clerical employees who work remotely. Still, its staff effectively side-stepped a call … Read More »

State of the Line

Nationally, the workers’ comp industry finished 2019 in a strong financial position.  It experienced a calendar year combined ratio of 85, which marked the sixth year in a row that … Read More »

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State of the Line Report

Nationally, the workers’ comp industry showed a marked improvement in its performance last year with its 2018 calendar year combined ratio dropping six percentage points. It lead all sectors of … Read More »

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NAIC Members Concerned About Comp Pricing

The National Association of Insurance Commissioners gathered in San Francisco recently to discuss all things insurance regulation.  One concern that came up during the special workers’ comp session is whether … Read More »

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CT Claims Factors & Statistics

Cumulative trauma (CT) claims have been a growing problem for California employers for several years now, but the overall cost of these claims is only now coming into focus. Anecdotal … Read More »

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Major Changes From the Bureau

A handful of high wage, low-risk classifications could soon be facing a significant rate hike, but the increase is not because these historically safe industries are suddenly less so. Instead, … Read More »

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