Today’s issue of WorkCompRecap features the California WCIRB’s recent announcement that Insurance Commissioner Dave Jones has approved the WCIRB’s January 1, 2016 Pure Premium Rate Filing. The filing’s advisory pure premium rates averaged $2.42 per $100 of payroll, coming in 9.0% lower than the industry average filed pure premium rate as of July 1 ($2.66) and 2.0% below the average of the approved July 1 advisory rates of $2.47. Find out more by clicking here!
Also in the news today is MEMIC’s announcement that connecting its client RiverMead continuing care retirement community with an ergonomics training program has produced excellent results. The program started with 16 Rivermead employees attending a train-the-trainer workshop and going on to train over 200 Rivermead employees. As a result, the company has seen employee injuries and associated costs decline over the last two years. Find out more by clicking here!