The California Department of Insurance (CDI) canceled a public hearing on September 30, 2019, and rescheduled it for October 14, 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:
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 Amended Notice of Proposed Action, Notice of Cancellation of September 30, 2019 Hearing, and Notice of Rescheduled Public Hearing for October 14, 2019, which is available in the Filings and Plans section of the WCIRB website.
WCRATE File Is Available
The “WCRATE” file with the proposed class wording based on the classes proposed in the WCIRB’s January 1, 2020 Regulatory Filing – for which the Insurance Commissioner issued the Decision on September 5, 2019 – and the proposed January 1, 2020 advisory pure premium rates is 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.