California Insurance Commissioner OKs Lower Workers’ Comp Benchmark Rate

Share!

Insurance Journal - Jul 12, 2024

California Insurance Commissioner Ricardo Lara today issued a decreased pure premium rate for workers’ compensation insurance, lowering the annual benchmark rate from $1.41 to $1.38 per $100 of payroll— representing a 2.1% percent decrease from last year. The advisory rate …...

Read Full Article

Recommended Articles

‘Preventable’ National Grid Failures Led to Heathrow Fire: Report

Posted: Jul 03, 2025

A fire that shut London’s Heathrow airport in March, stranding thousands of people, was caused...

Tangled: When Producers Change Agencies But Not Carriers

Posted: Jul 03, 2025

For insurance producers, changing agencies might be as simple as signing a waiver. Other times, a pr...

People Moves: Ki Appoints Ex-PartnerRe Executive Bonneau as Chair

Posted: Jul 03, 2025

Ki Appoints Ex-PartnerRe Exec Bonneau as Chair Ki, the algorithmically powered Lloyd’s digital...