WCIRB Submits Lower Mid-year Filing to California Department of Insurance.
The California Workers’ Compensation Insurance Rating Bureau on Monday submitted a July 1 pure premium rate filing to the California Department of Insurance proposing advisory rates that average $2.46 per $100 of payroll.
The average proposed advisory pure premium rate is 5.0 percent lower than the corresponding industry average filed pure premium rate of $2.59 as of Jan. 1 and 10.2 perpcent less than the approved average January 1 advisory pure premium rate of $2.74.
