New Rates – March 18, 2014

We continue to see the market harden. This is driven by many factors including the ever continuing failure of the recent reform and ever increasing medical costs.

As Workers Comp Executive reported today PSM – Public Service Mutual is leaving California. It’s renewals, we understand, are going to be picked up by Torus National Ins Company. Torus’ rates are and have been in the Compline Integrated Comparative Premium Rater for some time. Click here to see the story.

Imperium Insurance Company files a 23.8% rate increase effective June 1, 2014
Imperium Insurance Company revised rates and the modification factor. Imperium is formerly known as Delos Ins Co. in case its new name sounds unfamiliar.

Tokio Marine America Insurance Company files a 9.3% rate increase effective May 1, 2014
Tokio Marine America Insurance Company revised rates and modification factors.

Trans Pacific Insurance Company files a 7.9% rate increase effective May 1, 2014
Trans Pacific Insurance Company revised rates and modification factors

TNUS Insurance Company files a 4.9% rate increase effective May 1, 2014
TNUS Insurance Company revised rates and modification factors