The Workers’ Compensation Insurance Rating Bureau of California’s Governing Committee voted on Wednesday to authorize the WCIRB to submit a Sept. 1, 2023 pure premium rate filing to the state’s Insurance Commissioner on average 0.3% above the average approved September …
Written premium declined sharply beginning in the second quarter of 2020 due to the economic downturn resulting from the pandemic, according to a report out on Tuesday. The report from the Workers’ Compensation Insurance Rating Bureau of California shows a …
A report from the Workers’ Compensation Insurance Rating Bureau of California shows indemnity claims are the key driver of cumulative trauma claim costs. Highlights of the WCIRB report, Medical Characteristics of Cumulative Trauma Claims, include: Indemnity claims are the key …
More than a half of all reported COVID-19 indemnity claims in California continue to arise from workers in the healthcare sector, according to a new report from the Workers’ Compensation Insurance Rating Bureau. The WCIRB released the information this week …
The Workers’ Compensation Insurance Rating Bureau of California released an updated California Workers’ Compensation Aggregate Medical Payment Trends report for 2021. The latest annual report compares medical payment information from 2019 through 2021. It analyzes medical payment and utilization trends …
Written premium for 2021 was 1.4% below that for 2020 and is the lowest since 2012, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California issued its quarterly report on written premium, which declined sharply beginning in …
California written premium for 2021 was 2% below 2020 and 14% below 2019, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California issued released its quarterly experience report, an update on California statewide insurer experience valued as …
The Workers’ Compensation Insurance Rating Bureau of California submitted pure premium rate filing to the California Insurance Commissioner calling for a 7.6% increase. The advisory pure premium rates for the roughly 500 standard classifications proposed to be effective Sept. 1 …
The governing committee of the Workers’ Compensation Insurance Rating Bureau of California authorized the WCIRB to submit a Sept. 1, 2022 pure premium rate filing to the California Insurance Commissioner that is on average 7.6% above the average approved Sept. …
Written premium for 2020 was $1.9 billion, or 12%, below 2019, and was at its lowest since 2012, a new report out from the Workers’ Compensation Insurance Rating Bureau shows. WCIRB’s quarterly experience report as of Sept. 30 also shows …
