Association of Insurance Commissioners News

California Workers’ Comp Premium Grows But Claim Severity Continues to Rise

An annual report from the Workers’ Compensation Insurance Rating Bureau of California shows that for the second consecutive year statewide workers’ compensation premiums levels rose in 2011, but that continually growing costs of claims has eroded statewide underwriting results. The …

California’s Jones Announces Multi-State Effort on Climate Risk Disclosure

California Insurance Commissioner Dave Jones on Wednesday announced that the California Department of Insurance has joined with Washington and New York to require insurers to disclose the effects of climate change on their business. The states will require all companies …