Calif. workers comp reforms prompts change to 2013 rate filing
California’s Workers Compensation Information Rating Bureau plans to amend its 2013 rate filing to recommend no rate increase for next year in light of recent workers comp reforms passed in the state. The WCIRB’s governing committee voted 6-5 Wednesday in favor of amending the bureau’s rate filing, a spokesman told Business Insurance. The San Francisco-based bureau previously had requested a 12.6% average pure premium rate increase that would have been effective Jan. 1 for new and renewing policies.
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