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Dual Wage Disaster – WCIRB Considers Rate Threshhold Increases

If you’re a subcontracting company for excavation, plastering, stucco and sewer construction, you may be seeing a huge increase in your Workers’ Comp premiums next year. Here’s why: A proposed change to the dual wage classification system is going before the Governing Committee in August. If the insurance commissioner adopts the

Workers’ Comp Rates on the Rise — Again?

The Workers' Compensation Insurance Rating Bureau (WCIRB) has determined that six months after a 37% increase in the advisory Pure Premium Rate another 9.1% should be added. The Workers' Comp Executive broke this story. FLASH REPORT! 9.1% Increase In Pure Premium Rates Employers in California are going to be very unhappy with the