rate News

California Commissioner OKs 10.2% Drop in Workers’ Comp Advisory Rates

Insurance Commissioner Dave Jones signed on to a recommendation by the California Workers’ Compensation Insurance Rating Bureau of an advisory pure premium rate for July that is 10.2 percent lower than those approved on Jan. 1. Jones issued his decision …

$1.6M Rating Adjustment for Oregon Restaurant and Lodging Association

Liberty Mutual Insurance’s Northwest business insurance operation announced an overall retrospective rating adjustment of more than $1.6 million for businesses participating in its Oregon Restaurant and Lodging Association group workers’ compensation insurance program. The rating adjustment reflects the ORLA’s strong …

Texas Work Comp Discount, Interest Rate Set for Q1 2012

The workers’ compensation interest and discount rate in Texas for the first quarter of 2012 has been set at 3.61 percent. The rate will be effective beginning Jan. 1, 2012, through Mar. 31, 2012, the Texas Department of Insurance Division …