Employers Want More Information on Assessments

By Greg Jones, Western Bureau ChiefAdvocates for California employers say a 44% increase in premium assessments is not “optimal,” but more information is needed before they can comment on the appropriateness of the higher charges businesses will face next year.The Department of Industrial Relations on Nov. 30 sent letters to insurers and self-insured employers saying that overall assessments are increasing for 2013. The letters say insured employers will pay 44% more as a percentage of premium, and self-insured employers will pay 35% more as a percentage of indemnity payments to fu...