Update: the hearing date has been rescheduled for October 14, 2019. More hearing details on the amended notice.
The California Department of Insurance (CDI) announced that it will hold a public hearing on September 30, 2019, to consider the Workers’ Compensation Insurance Rating Bureau of California’s (WCIRB’s) January 1, 2020 Pure Premium Rate Filing, which was submitted to the CDI on August 20, 2019.
The hearing will be held:
September 30, 2019, at 10:00 AM
October 14, 2019 at 10:00 AM
California Department of Insurance
45 Fremont Street
22nd Floor Hearing Room
San Francisco, CA 94105
Additional information concerning the hearing is contained in the Notice of Proposed Action and Notice of Public Hearing, which is available in the Filings and Plans section of the WCIRB website.
WCRATE File Now Available
The “WCRATE” file with the proposed class wording based on the classes proposed in the WCIRB’s recent January 1, 2020 Regulatory Filing and the proposed January 1, 2020 advisory pure premium rates is now available for download in the Filings and Plans section of the WCIRB website. Once the California Insurance Commissioner issues a decision on the January 1, 2020 Pure Premium Rate Filing, the Filings and Plans section will be updated with the final version of the WCRATE file that will reflect the Commissioner’s decisions on both the WCIRB’s recent pure premium rate and regulatory filings.