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Bridge Business Insurance Solution Blog: rate

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From 2019 - The new formula excludes the first $250 of each claim from the X-Mod computation. This change removes any experience rating incentive to not report the cost of small or “first aid” type claims to your insurer. READ MORE >>

Log 300 Recording and Reporting Occupational Injuries and Illnesses - OSHA Effective January 1, 2017, employers in states regulated by federal OSHA were required to electronically submit Log 300 records of injuries and illnesses. READ MORE >>

Senate Bill 189 (SB 189) amended Sections 3351 and 3352 of the California Labor Code, allowing more corporate officers, and/or directors and owners of professional corporations to waive workers’ compensation insurance coverage.   The following summarizes the SB 189 changes, effective July 1, 2018:  READ MORE >>

April 18, 2018 Spring is a great time to catch up on small repair projects around the house and sometimes handypersons are hired to help tackle these jobs. The WCIRB frequently receives questions regarding the classifications applicable to employers that perform a variety of minor “handyperson” repair services at residential or commercial locations. READ MORE >>

California employers are in line for a seventh straight cut in their workers' comp rates. The Workers’ Compensation Insurance Rating Bureau’s governing committee members approved a filing for a 7.2% rate cut for policies incepting on or after July 1, 2018. READ MORE >>

The WCIRB completed a study researching the appropriate classification for operations involving Unmanned Aircraft Systems (UAS) commonly referred to as aerial drones. Such operations are becoming increasing common in California and UASs are used in a variety of industries. READ MORE >>

Wood Dust Exposure What is wood dust? Wood dust is not just dust! Wood dust is tiny particles of wood produced during the processing and handling of wood, chipboard, and/or hardboard. Exposure to wood dust occurs in many industries, including logging and sawmill operations, furniture and paper manufacturing, and construction of residential and commercial buildings. READ MORE >>

WCIRB July 1, 2017 Pure Premium Rate Filing Decision On April 11, 2017, the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) issued a Bulletin advising members that a pure premium rate filing had been submitted to the California Insurance Commissioner that day. READ MORE >>

SACRAMENTO, Calif. - Insurance Commissioner Dave Jones adopted and issued a revised advisory pure premium rate, lowering the benchmark to $2.02 per $100 of payroll for workers' compensation insurance, effective July 1, 2017. This is 16.5 percent less than the average pure premium rate of $2. READ MORE >>

CLOTHING MFG. – including embroidery manufacturing  - 2501 This classification includes clothing manufacturers that design garments, even if some or all of the production sewing or assembling operations are subcontracted. READ MORE >>

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