The Workers’ Compensation Insurance Rating Bureau will discuss its Sept. 1 advisory pure premium rate recommendation as well as the latest quarterly experience report for California during a May 24 webinar.
The WCIRB in April submitted its annual filing recommending that the insurance commissioner adopt a rate of $1.50 per $100 of payroll. When all is said and done, the indicated rate is about 0.3% higher than the last approved rate.
In addition to discussing trends and factors driving the advisory rate recommendation, the WCIRB will also discuss the Dec. 31, 2022, quarterly experience...
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