LA Region

Miscellaneous

100

What is the minimum payroll for one employee to be considered Full-Time Status? 

$16.90/hr X 1500 hours = $25,350

200

Submissions with effective dates of December 1, 2026, and later can be quoted and bound online beginning September 2, 2026. 

Any existing quotes for accounts with a lapse in coverage or no prior insurance (NPI) will expire on November __, 2026, and require resubmission.

November 25, 2026

300

Which is a key finding from the WCIRB’s Latest Quarterly Experience Report?

1. Written premium in the first two quarters of 2026 was lower than the same period in 2025 by 5 percent indicating premium decline. 

2. Estimated average charged rate for the first six months of 2026 is higher than 2025 levels, indicating continued decline in average charged rates.

3. Projected loss and LAE costs for accident year 2025 are drastically higher than 2024. 

4. The projected combined ratio for accident year 2025 is at its lowest in over 20 years, which reflects lower claim frequency and decreasing loss and LAE costs.

Key findings from the report include:

1. Written premium in the first two quarters of 2026 was higher than the same period in 2025 by 5 percent indicating premium growth.

2. Estimated average charged rate for the first six months of 2026 is higher than 2025 levels, indicating continued decline in average charged rates.

3. Projected loss and LAE costs for accident year 2025 are similar to 2024.

4. The projected combined ratio for accident year 2025 is at its highest in over 20 years, which reflects higher claim frequency and increasing loss and LAE costs.

600

Name 2 out of 6 commonly associated class codes that assist Underwriters in quickly identifying any policyholder involved in cutting or grinding natural stone or engineered stones that have a high risk of developing life-altering illness.

Operations to watch out for include cutting, grinding, or shaping materials such as granite, marble, quartz, limestone, travertine, onyx, and other natural or engineered stones. These processes release dangerous respirable silica dust and proper respiratory protection may be required.

Classes commonly associated with these activities include:

1803 – Stone Cutting and Grinding in Shop

5348 – Stone Cutting/Installation at Job Sites

8232-2 – Building Material Dealers with Stone Fabrication

5027/5028 – Cemetery Monument Work with Cutting/Engraving

1624 – Stone Cutting in Quarries

5146 – Cabinet Installation (flag if stone cutting is occurring)

Marketing

100

True or False? 

The California Department of Insurance (CDI) has accepted our rate filing effective December 1, 2026.

This filing includes the following changes:  

• We’re updating our pure premiums for each class code to match the WCIRB’s most recent proposed advisory levels.
• We’re updating our minimum premium amounts for most classifications. Individual minimum premium changes vary by class code.
• We’re refining Loss Cost Modifier (LCM) values to better reflect the characteristics associated with each tier.

True

200

The California Department of Insurance (CDI) has accepted our rate filing effective December 1, 2026.

This filing includes the following changes:  

Overall, our changes reflect a __% change in collectible premium.

Overall, our changes reflect a 0% change in collectible premium.

300

Sell State Fund's Services!

We understand that pricing is an important consideration, and we want to emphasize the comprehensive value that State Fund delivers to California businesses.

State Fund provides Coverage Plus - comprehensive workers' comp coverage plus a whole lot more - which means our policyholders benefit from multiple aspects of who we are, the services we offer, and our customer-centric culture. Please see the attachment "Our Promise" for details to provide to the client while presenting our quote. We differentiate ourselves from the competition by providing benefits that other carriers may charge more for or not offer at all, including fast, reliable claims handling, advanced fraud protection, free education and training resources, best-in-class safety and health services, local and regional underwriting expertise, financial strength, longstanding commitment to California, not-for-profit status that allows us to evaluate a possible dividend back to our insured year over year and a customer-first focus.

600

What are 5 of the 29 class codes, that Brokers will receive a higher base commission for, when the governing class is on the 2027 Target Class List?

All Other: 

8740 Apt/Condo Operation- Supervisors 

8803 Auditing/Accounting/Mgmt. Consult 

8808 Banks 

9586 Barber Shops/Hair Styling

8859 Computer Programming

9053 Health Clubs or Gyms

8831 Hospitals–Veterinary; Kennels

9519 Household Appl.-Install

MANUFACTURING:

3840 Auto/Truck/Motorcycle Part Mfg.

2003 Bakeries/Cracker Mfg.

2121 Breweries/Malt Houses

2501 Clothing Mfg.

6504 Confections/Food Mfg.

2108 Fruit-Citrus Fruit Packing

3560 Machinery Mfg. Food Proc.

4498 Plastics/Inject Mold

8813 Printing Operations-Editing

Retail:

8391 Auto Dealers

8388 Rubber Tire Dealers

8046 Stores Auto/Truck Parts/Accessories

8006 Stores – Groceries

8010 Hardware Store

8017 Stores – Retail

8060 Stores – Wine, Beer, Spirits

Health:

8834 Physicians/All Employees 9080 Restaurants – Full Service

Hospitality: 

9080 Restaurants – Full Service

8078 Sandwich Shops

TRANSPORTATION & WAREHOUSING

8292 Warehouses–General Merchandise

Wholesale:

8018 Stores–Wholesale

System Updates

100

True or False: 

Automated renewal reminder emails will be sent to direct policyholders and brokers as their renewals approach.

TRUE :

What to expect

• Timing: An initial renewal email will be sent two days after a policy enters renewal staging.
• Direct policies: The policyholder will receive the renewal email.
• Brokered policies: The producer will receive the renewal email.
• Follow-up reminder: If the original email is not opened, a reminder will be sent 10 days later.
• Existing renewal processes and mailings: These will continue.

These reminders are designed to help policyholders and brokers stay informed and take timely action as renewals approach.

200

What Broker Portal Enhancement was released on October 10, 2026? 

Broker Portal Renewal Enhancements: the Broker Portal Renewals widget is receiving updates that help brokers identify upcoming renewals and take the right action. What is Changing:

- Renewal filters

- Renewal Date

- View/Edit Renewal

- Renew Online

300

BindNow E‑Sign for Exclusion Waiver:

E-sign is now available for policies created from a BindNow quote when what two criteria are met?

1. The excluded owner has an email address.

2. The legal entity is an LLC, General Partnership, or Corporation.

Desk Procedures

100

Underwriter should make initial contact with the broker, within how many business days of State Fund receipt of a submission?

 

2-3 business days of State Fund receipt

200

HIA ($250K SP or above) Completed within __ days of inception/RED?

7 days 

300

For renewals, Underwriter requests needed information from broker- usually __ to __ days prior to RED

 55 to 45 days 

State Fund

100

What is State Fund's purpose?

We help make workers' comp work.

200

What is State Fund's Vision? 

To become California’s workers’ compensation carrier of choice.

300

What is State Fund's Value's? 

• Respect Everyone. Create an environment where all people and perspectives are valued and teams work together to serve the diverse needs of California businesses.

• Be Innovative. Seek out solutions and consider new approaches that serve our customers and help improve California’s workers’ compensation system.

• Do What's Right. Approach every situation with a passion to help, a desire to learn and a commitment to integrity – because doing the right thing isn’t always simple, easy, or clear.

• Show We Care. Listen to understand and invest the time and resources needed to help California employers and injured workers.

600

Name 4 out of 5 requirements for the Safety Grant Program. 

Eligibility requirements

• You must be a current State Fund policyholder on a 12-month policy term and work in the following industries: carpentry, roofing, sheet metal, tree work, millwright, plumbing, wallboard installation, electrical, painting, scaffold, iron or steel works, and steel erection. See full list of eligible class codes.
• You must have reported payroll in at least one of the eligible class codes and have employees working in California.
• You must have at least one employee who works from heights at or above 6 feet.
• You must be in good standing with State Fund.
• You must have an Injury and Illness Prevention Program (IIPP) available to upload. If you don't have an IIPP yet, you can easily create and save one using State Fund’s IIPP Builder℠. You can also access the IIPP Builder℠ in Spanish.
• Awards are limited to a maximum of two per policyholder. If you have already received safety equipment from the grants program twice, you are not eligible to reapply.