The Governing Committee for the Workers’ Compensation Insurance Rating Bureau will review pending legislative, regulatory and judicial actions during a Sept. 25 meeting.
Committee members will hear reports on the annual regulatory and pure premium rate filings. Insurance Commissioner Ricardo Lara in July signed an order lowering the advisory pure premium rate by 2.1% to $1.38 per $100 of payroll.
In June, the commissioner approved a regulatory filing that includes figures for calculating experience ratings, allows COVID-19 claims to be included in experience ratings and increases hourl...
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