California Insurance Commissioner Dave Jones adopted an advisory average pure premium rate of $2.70 per $100 of employer payroll for workers’ compensation rates effective Jan. 1, 2014, which is lower than that proposed by the Workers’ Compensation Insurance Rating Bureau. …
Ten months after “historic reforms” were made to California’s workers’ compensation system there is evidence that the changes are taking hold, however bad actors continue to find ways to game the system, said Department of Industrial Relations Director Christine Baker. …
A workers’ compensation rate hike looks to be in the works for California. The Workers’ Compensation Insurance Rating Bureau Actuarial Committee met Wednesday and reviewed the June 30 experience, which showed “significant adverse medical loss development and increasing indemnity claim …
The Workers’ Compensation Insurance Rating Bureau’s Governing Committee voted unanimously on Wednesday to authorize the WCIRB to file an advisory pure premium rate for 2014 of $2.62 per $100 of payroll, 3.4 percent above the industry average filed pure premium …
Jason Molnar makes a living deep in the trenches of workers’ compensation battles in California, so you’d think when there was a no show from an opponent at an official lien hearing that he’d be relieved by what should have …
A workers’ compensation reform bill was officially introduced on Monday, and the same day the California Workers’ Compensation Insurance Rating Bureau issued a study saying the bill could produce a savings of nearly half-a-billion-dollars. But that savings will be outpaced …
Insurance Commissioner Dave Jones on Tuesday issued a decision on the Workers’ Compensation Insurance Rating Bureau’s July 1 pure premium rate filing that was submitted in April. Jones approved new advisory pure premium rates that average $2.49 per $100 of …
A majority of companies are using California Insurance Commissioner Dave Jones’ approved advisory pure premium rates in their rate filings for 2012, and the result is a combined increase of 2.8 percent for companies, according to Jones’ office. On the …
California Insurance Commissioner Dave Jones explained during a public hearing in Sacramento on Tuesday why the Workers Compensation Insurance Rating Bureau is restructuring how the state’s workers’ compensation pure premium rate is calculated, a move that was supported by the …
