IN A SIGN of the long-lasting effects of reforms enacted a decade ago, California’s workers’ compensation rate-making agency will recommend that average benchmark rates increase a mere 0.3%. The recommendation by the Workers’ Compensation Insurance Rating Bureau, would apply to policies incepting on or after Sept....
A RECENT STUDY found that injured employees are often left feeling frustrated and fending for themselves after they file a workers’ compensation claim. The survey of injured workers by researchers at the University of Waterloo in Ontario, Canada, found that workers reacted in a number of...
A NEW LAW will require almost all contractors in California to carry workers’ compensation coverage, regardless of if they have employees or not. According to the author of the bill, State Sen. Bill Dodd, D-Napa, the new law was necessary due to the tendency of many...
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...
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...