California’s insurance commissioner has approved a 3.4% reduction in the average workers’ compensation benchmark rate as of Sept. 1, 2021. Ricardo Lara decided to order a rate decrease despite the fact that the Workers’ Compensation Insurance Rating Bureau, the state’s rate-making agency, had recommended that the average benchmark rate be increased 2.7%. The 3.4% reduction […]
As many parts of the country are wrestling with ever-increasing temperatures during the summer months, a new study has found that the hotter the weather gets, the higher the risk of workplace accidents and injuries for both indoor and outside workers. The study by the University of California, Los Angeles, based on claims data from […]
The Workers’ Compensation Insurance Rating Bureau has announced that two temporary payroll reporting rules to reflect changes brought on by the COVID-19 pandemic stay-at-home orders will sunset. The move comes after Gov. Gavin Newsom’s June 9 executive order which revoked the statewide stay-at-home order that had been in place since March 19, 2020. You may […]
If a natural disaster were to strike, would your company be ready? Has your management team hardened the business to continue operating in case of a disaster? With natural catastrophes growing in number and severity, businesses more than ever need to have in place plans for a quick recovery for the sake of their investors, […]