A key committee at the Workers’ Compensation Insurance Rating Bureau is opting against making any changes to the amount of workers’ comp premium required to trigger the need for a …
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Public testimony delivered during Insurance Commissioner Ricardo Lara’s workers’ comp rate hearing and subsequently in written comments show wide-ranging opposition to the insurance industry’s proposed six-tier COVID-19 surcharge. The California …
California’s workers’ comp actuaries are recommending against using the industry’s second-quarter experience in the rate-making process for 2021 advisory pure premium rates due to the gross distortions in the data …
The Workers’ Compensation Insurance Rating Bureau’s governing committee just approved amending the January 2021, pure premium rate filing. It is recommending the application of a six-tier surcharge for COVID-19 costs …
California Department of Insurance has approved the WCIRB’s regulatory filing (not rates) for X-Mod factors, including the expected loss rates for the system’s 500+ classifications. The approval clears the way …
The Workers’ Compensation Insurance Rating Bureau will make it official later this month when it files to apply the 8810 clerical class’ rate to the proposed new 8871 class for …