North Bay Business Journal

  • Guest Contributor: As workers’ comp rates rise, employers can offset increase

    October 11th, 2010

    This year many California employers are paying a higher rate per $100 of payroll for workers’ comp insurance for the first time since 2003. Analysis from the Workers’ Compensation Insurance Rating Bureau (WCIRB) indicates that the average rate paid during the first quarter of 2010 was up 5 percent from a year ago.

  • Workers’ comp rate hikes far below proposals

    February 1st, 2010

    NORTH BAY — Workers’ compensation rate increases by California insurance carriers have remained far below the 22.8 percent increase recommended by the Workers Compensation Insurance Rating Bureau for new and renewed policies.

  • Workers’ comp carriers losses hit telling ’100′ ratio

    September 7th, 2009

    CALIFORNIA – Workers’ comp carriers charged less than they paid in claims last year and should increase rates by 22.8 percent, according to the most recent report by state actuaries. This “magic loss number,” not breached since before the 2004 reforms, is just one of many signals that carriers should have long ago increased the price of policies, but their slow reaction is typical of California insurers, according to local brokers.

  • Santa Rosa surgery group creates ‘Hand Center’

    July 27th, 2009

    SANTA ROSA – Established in Sonoma County more than 60 years ago, Santa Rosa Orthopedics has launched the region’s first “Hand Center” aimed at integrating rehab and surgery procedures.

  • Brokers warn of higher comp rates

    February 2nd, 2009

    CALIFORNIA – The four-year decline in workers’ compensation insurance rates, which dropped another 18 percent last year, is showing early signs of a halt in 2009, according to North Bay brokers who warn that a dramatic swing could come fast and without warning.

  • Vintners pool dropping self-insurance

    February 2nd, 2009

    CALIFORNIA – A workers’ compensation self-insurance pool of vintners has become the latest victim of the credit crisis.

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