WC FAST
Updated 26 days ago
400 R Street, STE 1080, Sacramento, CA 95814; or
Employers are assigned to work classifications according to state-sanctioned rating bureau guidelines. In general, employers in classifications with greater injury and illness risks and loss costs have higher "manual rates." For example, a roofing contractor generally has a higher manual rate than a bank. Recommended or specified manual rates must be approved by the state regulators in most cases. Additionally, those employers which qualify for experience rating and that have a history of greater injury and illness claims and costs within the risk classes are charged even higher premiums through the application of an experience modification factor...
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