California Insurance Commissioner Ricardo Lara approved regulatory changes recommended by the Workers’ Compensation Insurance Rating Bureau.
The commissioner approved all of the WCIRB’s proposed changes to the California Workers’ Compensation Uniform Statistical Reporting Plan-1995, California Workers’ Compensation Experience Rating Plan-1995 and the Miscellaneous Regulations for the Recording and Reporting of Data-1995.
Among other things, the experience rating threshold will increase to $10,800 from $10,400 for policies incepting on or after Sept. 1 under t...
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