CALL US TODAY - 800-991-2002
Self Serve Certificates
Issue, Print or Email
24 hours a day/ 7 days a week
Click Here

Work comp Rate Hike

In a late Friday afternoon announcement California Insurance Commissioner Dave Jones approved a 7.6% increase for the 2014 workers' comp pure premium advisory rates. The decision by the California Department of Insurance (CDI) knocked roughly five cents off what the Workers' Compensation Insurance Rating Bureau (WCIRB) had asked for last month in its amended rate filing. The Department removed State Fund's loss adjustment expenses from WCIRB's projections because State Fund's costs are so much higher than other carriers.

The insurer funded and controlled WCIRB asked for a 9.6% rate hike overall.


Recent Articles

Nov 25, 2013
Work comp Rate Hike
Nov 15, 2013
State Fund Shake Up
Oct 29, 2013
Work Comp
Oct 23, 2013
2014 Rates