New Workers’ Compensation Rate Filing Expands COVID-19 Surcharge Tiers
The California Workers Compensation Insurance Rating Bureau has amended its 2021 rate filing to make its earlier recommended COVID-19 surcharge more equitable. The Rating Bureau is leaving unchanged its overall recommendation that benchmark rates be increased an average of 2.6% for policies incepting on or after Jan. 1, 2021. But it modified an earlier recommendation that…