Last week, Calif. Insurance Commissioner Ricardo Lara issued the 2021 pure premium advisory rates for Calif. workers’ compensation. Rejecting a proposed surcharge for COVID-19 claim charges, Commissioner Lara approved an average 4.6% reduction in advisory pure premium workers’ compensation rates across all classification codes. Advisory pure premium rates are set by the Calif. Department of Insurance, and they are used by insurance carriers as guidelines to develop their respective filed rates.

Cory Lunde

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