Gov. Gavin Newsom’s decision to issue a limited-term workers’ comp presumption for claims related to Coronavirus has California’s rating agency planning to drastically cuts its cost estimate for the presumption …
The Workers’ Compensation Insurance Rating Bureau hopes to have emergency regulations ready for Insurance Commissioner Ricardo Lara in a matter of weeks to outline how the industry will handle COVID-19 …
California Insurance Commissioner Ricardo Lara is in the midst of his first review of the industry’s annual workers’ comp rate filing. He is facing a tough decision: go with the …
The Workers’ Compensation Insurance Rating Bureau’s Classification and Rating Committee approved a staff proposal to merge two classifications with relatively low credibility into two other classes as of Jan. 1, …
The California Insurance Guarantee Association (CIGA) is reporting more positive news on its financial outlook. The agency says an updated actuarial analysis trimmed one critical financial estimate by $290 million. …
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 …