WCIRB Webinar to Cover Recommended Rate Hike

The Workers’ Compensation Insurance Rating Bureau of California is holding a webinar on June 1 to discuss its recommended 7.6% advisory pure premium increase for policies incepting on or after Sept. 1. The WCIRB earlier in May submitted to the Department of Insurance its recommendation that the pure premium rate be increased to $1.56 per $100 of payroll. The department is holding a public hearing on the rate filing at 10 a.m. June 14. Meanwhile, WCIRB actuaries will discuss highlights from the filing during the webinar. Dave Bellusci, executive vice president and chief actuary, an...