ALAE News

Report on California Workers’ Comp Shows Sharp Increase in ALAE Costs

Allocated loss adjustment expense costs have increased sharply over the last several years despite implementation of many of the components of a workers’ compensation reform law intended to reduce total loss adjustment expense levels, a report out today from the …

Report: California Workers’ Comp Premiums Growing at Double-Digit Rates

Workers’ compensation premiums in California continue to grow at double-digit rates, according to the Workers’ Compensation Insurance Rating Bureau. The WCIRB recently released its “State of the California Worker’s Compensation Report,” and authors of the report on Wednesday highlighted developing …