Charged Rates Stabilize, No Hike Following Advisory Rate Increase

The average rate charged for workers' compensation coverage in California stabilized during the first nine months of 2025, with no evidence of an immediate cost increase following the first rate hike in a decade, according to the Workers' Compensation Insurance Rating Bureau. Average charged rates fell steadily from $3.19 per $100 of payroll in 2014 to $1.56 in 2024, the WCIRB said in its latest quarterly experience report.  "Based on the first nine months of 2025, rates remain flat compared to 2024, indicating the downward trend has stabilized," the bureau said. The ...