Today, the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Governing Committee voted to authorize the WCIRB to submit a September 1, 2024 Pure Premium Rate Filing to the California Insurance Commissioner. The filing will propose advisory pure premium rates that will be on average 0.9 percent above the average approved September 1, 2023 advisory pure premium rates. The proposed advisory pure premium rates reflect loss and loss adjustment experience (LAE) as of December 31, 2023.
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