Here’s the 2020 Rate Filing Numbers
The Workers’ Compensation Insurance Rating Bureau’s governing carriers rejected the public members call for an 8% rate cut and approved filing for a lesser 5.7% cut in California’s 2020 pure …
Tagged in: pure premium
Baker Reforms To Beget Another Rate Cut For 2020
The governing committee members’ of the Workers’ Compensation Insurance Rating Bureau will meet this morning to consider 2020 rates. The result will likely be a recommendation for a low- to …
Rates Likely To Drop In 2020, But Not As Much As They Could
The California workers’ comp rating bureau took a first look at the industry data that will underpin its 2020 pure premium rate filing, and the early indication is for a …
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Carriers Block Mid-Year Workers’ Comp Rate Filing
In what would have been a decrease, the insurance carrier members on the Workers’ Compensation Insurance Rating Bureau governing committee voted unanimously to reject a mid-year 2019 pure premium rate …
Rate-Making Changes Under Consideration
California statutes call for an annual pure premium rate filing, but the norm over the past 16 years has been for employers to see two filings per year as the …
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Insurance Industry Sticks with Rate Filing
The Bureau is opting not to make an amended rate filing for Jan. 1, 2019 California pure premium advisory rates. The agency reviewed the industry’s second-quarter data and, despite continued …
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Rate Cut in 2019
The insurer members to the Workers’ Compensation Insurance Rating Bureau approved a 2019 rate cut of 4.5% at a meeting a little while ago. The filing, which will be made …
Big Rate Cut Expected
Calls to cut California’s workers’ comp advisory pure premium rates by 7.2% or even 12.3% effective July 1, 2017, are now under consideration. The mid-year rate cut would represent a …
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