Workers’ Comp Rate Hike Hearing Set

The California Department of Insurance will hold a virtual public hearing on June 10th at 1:00 p.m. to review the Workers’ Compensation Insurance Rating Bureau’s request for an 11.2% increase in the state’s advisory pure premium rates. The Department will also hear the alternative proposal for the smaller 8% increase recommended by the actuary representing … Read More »

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Rate Filing Under Review

Insurance Commissioner Ricardo Lara is on the clock to issue a decision on the Workers’ Compensation Insurance Rating Bureau’s filing for a 0.3% increase in the advisory pure premium rates effective September 1, 2023. The Commissioner is also considering a proposal by the actuary for the public members of the WCIRB governing committee for a … Read More »

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