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: workers’ comp
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 …
Stalled Workers’ Comp Fraud Bill Amended Before Hearing
A proposal to help insurers fight workers’ comp premium fraud was amended by Members ahead of a hearing before the Assembly Insurance Committee scheduled for later this morning. The legislation, …
California Supreme Court Considers Equitable Tolling
Justices at the California Supreme Court heard from both sides in a dispute over a Workers’ Compensation Appeals Board decision to act on a petition for reconsideration after the 60-day statutory clock had run out. The Board relied on a 30-year-old precedent to grant a petition that had not been delivered to it in time …
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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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Narrowing Contractors Workers’ Comp Exemption
The Contractors State Licensing Board is proposing to limit the workers’ comp exemption to sole proprietorships only. The Board’s choice excludes limited partnerships, limited liability corporations, joint ventures, and others who can presently apply for the exemption and maintain a license. CSLB detailed its plan to apply the exemption only to sole proprietors in a …
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Workers’ Comp Profitability Continues
The national workers’ comp industry reported underwriting profit for the 12th consecutive year in 2025, with a calendar-year combined ratio of 91%. The industry’s loss ratio was under 50% for the ninth straight year. The release of $4.5 billion in redundant reserves helped elevate the calendar-year results. National Council on Compensation Insurance chief actuary Donna …
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10% of Injured Workers Shortchanged
The Division of Workers’ Compensation’s 2024 audits of claims shops found that over 10% of randomly selected claims had unpaid benefits owed to injured workers. Overall, 271 workers were owed an average of $1,625 each (or a total of $440,714), but the amounts varied greatly by adjuster. Applicant’s attorneys routinely cite an injured worker’s inability …
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