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Fewer Classifications Will Be Limited Next Year

The Workers’ Compensation Insurance Rating Bureau will soon be making its regulatory filing for new rates effective with September 1, 2023, policies. The filing will include new classification relativity sheets that ultimately impact each class’s advisory pure premium rate, as well as the expected loss rates that affect employers’ X-Mods. “The class relativities are meant … Read More »

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Bureau Makes September 1 Regulatory Filing

The Workers’ Compensation Insurance Rating Bureau sent Insurance Commissioner Ricardo Lara its proposed updates to the Uniform Statistical Reporting Plan and the Experience Rating Plan regulations to take effect September … Read More »

Finally A Separate Rate For Telecommuters

The Workers’ Compensation Insurance Rating Bureau is moving to file a separate rate for California’s 8871 telecommuter class. The rate currently mirrors the 8810 clerical classification. The move comes as the first Uniform Statistical Reports (USRs) are starting to roll in and show what many predicted from the day the class was created — drastically … Read More »

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6 New Restaurant and Tavern Classes Proposed

The Workers’ Compensation Insurance Rating Bureau is moving ahead with its plan to split the 9079 Restaurant and Taverns classification into six new classes that it says better segregates the covered risks into distinct operations (see chart). The proposed changes will be part of its September 1, 2023, regulatory filing, but the actual class reassignments … Read More »

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Overview to Ownership Changes

Changes in a company’s ownership structure, be it a buy-out or a merger with another entity, can significantly impact the X-Mod that’s ultimately applied to the risk. Officials with the Workers’ Compensation Insurance Rating Bureau say the first step is determining the ownership of all involved entitles. The California Workers’ Compensation Experience Rating Plan – … Read More »

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Restaurant Classification To Go A La Carte

The Workers’ Compensation Insurance Rating Bureau’s Classification and Rating committee members supported a plan to divide Classification 9079, covering restaurants and taverns, into six different classifications. The separate classes will still be combined for rate-making purposes, but for how long is the question? A formal proposal to split the classification will be on the committee’s … Read More »

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DIR Fines Uninsured Employers, But Fails To Collect

A multiagency enforcement program that uses public and private data to target employers likely operating without workers’ comp coverage completed inspections of 56 employers and cited 29 for operating in violation of Labor Code section 3700. Another 11 employers that were allegedly found to be violating state wage and hour laws and were cited. Additional … Read More »

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Bureau To Study Food Manufacturing Classifications

Insurer representatives on the Workers’ Compensation Insurance Rating Bureau’s Classification and Rating Committee approved a proposal for an in-depth, multi-year study of the food manufacturing industry classifications. WCIRB officials say internal diagnostic tools indicate that some classes may no longer be homogenous groups of employers with similar loss experience. The Bureau is a private organization … Read More »

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