May 14, 2025 | MedLegalNews.com — Workers’ Comp Rate: The California Department of Insurance (CDI) has scheduled a public hearing for June 10, 2025, to review the latest workers’ compensation insurance rate filing. The proceeding will assess the Workers’ Compensation Insurance Rating Bureau’s (WCIRB) proposed changes to the advisory pure premium rates.
Purpose of the Hearing
CDI will evaluate whether the recommended rate changes reflect current market conditions, claim trends, and medical costs. Although insurers are not required to adopt the pure premium rate, the CDI’s guidance strongly influences how carriers set their rates. Workers’ Comp Rate
The hearing offers stakeholders — including employers, insurers, attorneys, labor representatives, and medical providers — the opportunity to provide feedback.
Context and Industry Impact
The WCIRB typically updates its recommended rates at least twice a year. These filings account for:
- Claim frequency and severity
- Medical treatment costs
- Litigation trends
- Economic inflation and wage growth
The rate filing under review could affect insurance premiums for California employers across all industries.
How to Participate
CDI encourages public participation. Stakeholders can attend the hearing in person or submit written comments in advance. Details regarding time, location, and how to submit input will be posted on the CDI’s website.
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