The Workers’ Compensation Insurance Rating Bureau of California submitted pure premium rate filing to the California Insurance Commissioner calling for a 7.6% increase. The advisory pure premium rates for the roughly 500 standard classifications proposed to be effective Sept. 1 …
The governing committee of the Workers’ Compensation Insurance Rating Bureau of California authorized the WCIRB to submit a Sept. 1, 2022 pure premium rate filing to the California Insurance Commissioner that is on average 7.6% above the average approved Sept. …
California’s State Compensation Insurance Fund on Thursday announced plans to distribute a roughly $55 million dividend to its qualifying policyholders with policies that took effect between Jan. 1 and Dec. 31, 2021. The dividend equals roughly 5% of the estimated …
A new California Workers’ Compensation Institute study shows injured workers’ overall access to medical care for their initial treatment remained relatively consistent between 2010 and 2020. CWCI used data from more than 1.5 million job injury claims from accident years …
Changes in Washington’s minimum wage, overtime for white-collar professionals, overtime for agricultural workers, and workers’ compensation premiums are set to take effect Jan. 1, 2022. The Washington State Department of Labor & Industries on Tuesday issued reminders to businesses and …
Restaurants make up a sizable portion of California’s workers’ comp system, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released the first report in its industry profile series, which examines an industry sector in the state’s …
New Mexico insurance regulators are reducing a key component in rates for workers’ compensation coverage that should help employers spend less, starting next year. The Superintendent of Insurance Office announced a 5.5% reduction in “loss costs” for insurance policies that …
The Washington Department of Labor & Industries announced a 3.1% increase in the average worker’s compensation premium rate for hours worked in 2022. “A modest hike is needed because of the rising costs to provide workers’ compensation coverage. It’s the …
Pinnacol Assurance in Colorado announced it will lower rates for the carrier’s 53,000-plus policyholders in Colorado by an average of 11% in 2022. The decrease will become effective Jan. 1, 2022. Pinnacol has decreased rates for seven consecutive years for …
California’s Division of Workers’ Compensation announced that the 2022 minimum and maximum temporary total disability rates will increase on Jan. 1, 2022. The minimum TTD rate will increase from $203.44 to $230.95 and the maximum TTD rate will increase from …
