News


Alaska National Insurance Company’s average rate increase by +7.42% — effective 9/1/2026
09/18/2026

Alaska National Insurance Company has filed new California workers’ compensation base rates with the California Department of Insurance for policies effective September 1, 2026.

How are average rates changing?

Issuing CompanyAverage Rate
9/1/2025
Average Rate
9/1/2026
% Change
Alaska National Insurance Company7.287.82+7.42%

*Average rate calculation does not include per capita or per race rates (7707 – Firefighters – volunteers, 7722 – Police, Sheriffs – volunteers, or 8278 – Jockeys).

Does the average change apply to every policy?

Not necessarily. A carrier’s average rate change provides useful context, but individual class rates may move differently. The effect on a specific policy depends on the classifications and exposures involved.

The examples below show how some of Alaska National Insurance Company’s individual advisory rates are changing compared with the prior policy period.

Class – DescriptionAdvisory Rate
9/1/2025
Advisory Rate
9/1/2026
% Change
9070 - Residential Care Facilities–elderly6.928.01+15.75%
9403 - Garbage/Refuse Collecting11.1512.14+8.88%
42 - Landscape Gardening8.869.46+6.77%
5432 - Carpentry–high wage8.648.60-0.46%
6204 - Drilling17.1616.82-1.98%
4611 - Drug/Medicine/Pharm Preparations Mfg2.772.24-19.13%

What does this mean for an individual account?

The average rate increase is only a starting point. To understand the potential effect on a specific policy, review the applicable classifications and compare how those rates changed.

With WorkCompare, users can generate a Pre-Quote Estimate to evaluate how current rate changes may affect potential pricing before formal quotes arrive.