On Wednesday, California Insurance Commissioner Ricardo Lara issued a decision to once again reduce California workers’ compensation pure premium advisory rates effective September 1, 2021. Rejecting a proposed average rate increase of 2.7%, Commissioner Lara approved an average 3.4% reduction in advisory pure premium workers’ compensation rates across all classification codes. Advisory pure premium rates are set by the CA Department of Insurance, and they are used by insurance carriers as guidelines to develop their respective filed rates.*


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