pure premium rates News

Oregon Workers’ Compensation Costs to Drop in 2020

Oregon businesses will another drop in workers’ compensation costs in 2020. Employers in the state next year will pay an average of $1.02 per $100 of payroll for workers’ comp, down from $1.11 in 2019, under a proposal by the …

WCIRB Raises Advisory Pure Premium 3.4%

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 …

Calif. Rating Bureau Drops Workers’ Comp Advisory Rates

After a review of a workers’ compensation overhaul bill signed two weeks ago by Gov. Jerry Brown, the Workers’ Compensation Rating Bureau submitted a filing on Monday to lower the pure premium advisory rate for Jan. 1, 2013. WCIRB submitted …

California Workers’ Compensation Bureau to Make Midyear Filing

California workers’ compensation insurers will be seeking a midyear correction — a 7.7 percent increase — in pure premium rates. The Workers’ Compensation Insurance Rating Bureau of California reported that it will submit a July 1 advisory pure premium rate …

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 …

Jones: California Workers’ Comp Filings Show Companies Using Advisory Rates

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 …