Workers’ Comp Rate Hike
Insurance Commissioner Ricardo Lara effectively split the baby and approved the second consecutive increase in California’s workers’ comp advisory pure premium rates. In a decision released late Friday afternoon, the …
Tagged in: WCIRB
Shake-Up In California’s Workers’ Comp Market
The 2025 market share totals are out, and the State Compensation Insurance Fund is no longer the largest writer of workers’ comp insurance in California. State Fund’s writings last year …
Details of California’s Growing Cumulative Trauma Problem
Cumulative trauma claims for workers’ comp benefits, particularly those filed post-termination, used to be primarily a creature of the Los Angeles region, but changes in applicants’ attorneys’ marketing and practice …
Rate Hike Proposals Under CDI Consideration
The California Department of Insurance took testimony from the Workers’ Compensation Insurance Rating Bureau, the independent actuary representing employers and organized labor, and a member of the workers’ comp community …
California’s Combined Ratio Reaches Two-Decade High
The 2025 accident year combined ratio for California’s workers’ comp system may be one for the record books. The accident year combined ratio is projected at 129% based on the latest industry data. This level hasn’t been seen in California workers’ comp since 2001. The industry’s year-end 2025 results show that California’s accident year combined …
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Nonprofit Wins Classification Dispute
Norcal Crew, a 501(c)(3) nonprofit competitive youth rowing program, prevailed in a dispute with its workers’ comp carrier and the Workers’ Compensation Insurance Rating Bureau. The organization successfully fought off reclassification of its operations to a class with an advisory pure premium rate 2.5 times higher than the workers’ comp rate for its historical classification …
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Dual Wage Changes, Payroll Limits Under Review
Officials at the California Department of Insurance heard California contractors’ concerns and their request for a review of the fairness of the proposed increases to the dual wage thresholds, but there was little other feedback on the Workers’ Compensation Insurance Rating Bureau’s newest technical filing. The filing is now under review, with a decision by …
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Rate Increase Drivers Identified
The insurer majority on the Workers’ Compensation Insurance Rating Bureau’s governing committee pushed through a request for a 10.4% increase in California workers’ comp advisory pure premium rates effective September 1, 2026. An alternative proposal by the public members for a lower 5.1% rate hike was rejected by the industry executives. The filing for the …
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