BREAKING: WCIRB Filing for 16% Increase in Pure Premium Rate

California pure premium rates would go up 16% on Jan. 1 under a recommendation announced Wednesday by the governing board of the Workers' Compensation Insurance Rating Board  or by nearly 20% if state follows through with a proposed increase to permanent disability benefits.If the recommended pure premium rate is approved, it will raise the rate to $1.95 per $100 of payroll. The committee said the recommendation does not reflect the proposed Division of Workers' Compensation changes to the Permanent Disability Rating Schedule. If the PDRS changes are adopted as proposed the J...