25 Aug

Commissioner Rejects Proposed Hike

FOR THE third year in a row, California Insurance Commissioner Ricardo Lara has rejected the Workers’ Compensation Insurance Rating Bureau’s proposal for a workers’ compensation rate increase, and has ordered instead that benchmark rates remain the same. Lara rejected the WCIRB’s proposal that benchmark rates...

19:40 / Workers' Compensation / Bozzuto Insurance

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22 Aug

Construction Dual-Wage Changes Ahead

AS INFLATION drives up wages in all sectors, nearly all of the workers’ compensation dual class codes for the construction sector will be increasing as of Sept. 1, 2022. Insurance Commissioner Ricardo Lara in July approved the recommendation by the Workers’ Compensation Insurance Rating Bureau of California...

19:34 / Workers' Compensation / Bozzuto Insurance

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