The Workers’ Compensation Inspection and Rating Bureau recommended a 3.4% pure premium rate increase to be effective 1/1/14 in CA. The filing is expected to be submitted to the CA Dept. of Insurance (DOI) by Aug. 19 for consideration. Carriers then have the option of when to re-file their manual rates in CA, if the DOI accepts the recommended rate increase.
3.4% pure premium workers comp rate proposed for California | Business Insurance.
