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Friday, May 2, 2025
WCIRB Files Recommendation for 11.2% Rate Increase
- State: California
- Topic: WEST
- - Popular with: Legal
- - 0 shares
The Workers’ Compensation Insurance Rating Bureau submitted its filing recommending that the C…
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Today’s News
- N.C. - County Solely Liable for Off-Duty Officer's Injuries on Traffic Assignment Top 12/16/25
- N.Y. - Court Says Worker Injured in Trench Collapse Should Have Been Granted Summary Judgment NORTH 12/16/25
- Ga. - Exclusivity Bars Worker's Civil Claims for Injuries From Attack by Customer SOUTH 12/16/25
- W.Va. - Court: Firefighter's Claim Shouldn't Have Been Closed Before MMI SOUTH 12/16/25
- Calif. - Fraud Conviction Leads to $132,023 Restitution Order WEST 12/16/25
- N.Y. - Ex-Corrections Worker Agrees to Pay $40,000 in Restitution NORTH 12/16/25
- N.Y. - Governor Vetoes Proposed Expansion of Permanent Total Disability NORTH 12/16/25
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One Comment
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Scott Rubel May 2, 2025 a 9:40 am PDT
Again, the insurance industry gets a significant annual increase in premium rate but permanently injured workers have not had an adjustment in their permanent disability rate in over 10 years. Employers have saved an average of approximately $15,000 per year since SB899. Injured workers, on the other hand, have seen the value of their permanent disability rates cut by approximately 26% due to inflation since 2014. SB555 requires permanent disability to be adjusted annually in an amount equal to the annual cost of living adjustment for Social Security. SB555 MUST BE PASSED AND SIGNED BY THE GOVERNOR.