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280 Classes Face Major Rate Increase

Insurance Commissioner Ricardo Lara approved an 8.7% overall increase in California’s workers’ compensation advisory pure premium rates, effective September 1st, 2025 – the first rate hike in California since 2015. The increase, though, is only an average. Brokers should begin preparing clients for potentially disruptive rate increases in these classes upon their next renewal. Over … Read More »

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Here’s the Workers’ Comp Rate Hike

The first workers’ compensation rate hike in California in a decade was announced late Friday afternoon. Insurance Commissioner Ricardo Lara approved an 8.7% hike in the workers’ comp advisory pure … Read More »

Bracing for the Rate Hike Decision

Insurance Commissioner Ricardo Lara and the California Department of Insurance are reviewing and evaluating testimony by the Workers’ Compensation Insurance Rating Bureau in support of its request for an 11.2% increase in the September 1st, 2025, advisory pure premium rates. They are weighing it against a competing proposal recommending an 8.1% increase that was developed … Read More »

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Surprises in Workers’ Comp Market Share Numbers

California market share totals for 2024 show a new entrant among the 10 largest workers’ comp carriers in the state, while another group moved up two slots in the rankings to become California’s third-largest workers’ comp carrier. One carrier wrote ten times what it did in 2023. Beyond these moves, however, the top of the … Read More »

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Timecards Audit Fight

The California Department of Insurance’s Administrative Hearing Bureau may soon adjudicate a fight between an electrical contractor and its workers’ comp carrier. The fight centers on an audit bill for an additional premium under California’s dual-wage system for contractors. The company is contesting the reassignment of its payroll to the low-wage/high-rate classification for its electrical … Read More »

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California Workers’ Comp Combined Ratio At Highest Level Since 2011

The California workers’ comp industry projected a 2024 accident year combined ratio of 123—an increase of 10 points from the prior year and the highest annual combined ratio since before the SB 863 reforms. The year-end data from the Workers’ Compensation Insurance Rating Bureau also shows that written premium fell last year while average charged … Read More »

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Executive Officer Exemption In Dispute

In an interesting case, a nonprofit theater company is balking at paying a minimum workers’ comp premium charge for two executives who helped run the operations on an unpaid, volunteer basis. The workers’ comp carrier counters that the charge is required under Workers’ Compensation Insurance Rating Bureau rules and maintains that the company got the … Read More »

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CDI Considering Class Changes, Updated ELRs

The California Department of Insurance held a public hearing last week to take public comment on the September 1, 2025, regulatory filing by the Workers’ Compensation Insurance Rating Bureau. The proposal, which includes several classification changes, increases to the minimum/maximum payroll limits for certain classes, and updates to the ELRs and D-Ratios, drew little response … Read More »

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