WCIRB News

California Workers’ Comp Written Premium Falling, Report Shows

The Workers’ Compensation Bureau of California on Monday its latest quarterly report on insurer experience as of June 30. The WCIRB report shows written premium for 2018 is 4% below that for 2017 and 6% below that for 2016. “The …

Report: California Workers’ Comp Medical Payment Trends Fell in 2018

Medical payments in California’s workers’ compensation system continued to decline in 2018 as the medical payments per claim decreased, according to a report from the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB released its California Workers’ Compensation Aggregate …

California Workers’ Comp Bureau Submits Lower 2020 Pure Premium Rate Filing

The Workers’ Compensation Insurance Rating Bureau of California on Tuesday submitted its Jan. 1, 2020, pure premium rate filing to the California Department of Insurance, proposing advisory pure premium rates that are an average of 5.4% less than the current …

California Workers’ Comp Committee Votes for Drop in 2020 Pure Premium Filing

The Workers’ Compensation Insurance Rating Bureau of California’s governing committee voted on Wednesday to authorize the WCIRB to submit a Jan. 1, 2020 advisory pure premium rate filing to the California Insurance Commissioner that will be on average 5.7% below …

Report: Written Worker’s Comp Premium in California to Fall by $1B in 2019

Expect workers’ compensation insurance rates in California to continue to fall, with total written premium expected to drop by $1 billion or more for 2019 despite the positive impacts of continued economic growth, a new report shows. “We’re experiencing more …

Report Shows California Workers’ Compensation Premiums Falling

Workers’ compensation insurance premiums in California are declining as continued rate decreases more than offset the impacts of continued economic growth, according to the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB released its 2019 State of the System …

California Workers’ Comp Rating Bureau Chief’s Message to Comp Community

The California workers’ compensation marketplace today remains generally healthy for insurers, employers and injured workers, the chief of the Workers’ Compensation Insurance Rating Bureau of California said in an open letter on Monday. The WCIRB continues to experience the “overwhelmingly …

California Workers’ Compensation Rating Bureau Issues Report on Opioids

The use of opioids has significantly and continuously declined in the California workers’ compensation system since 2012, a trend that may be leading to a shift in the patterns of medical treatments for California’s injured workers as well as more …

Report: Workers’ Comp Premiums in California for First 9 Months of the Year Down 3%

The Workers’ Compensation Rating Bureau of California issued its quarterly experience report on Wednesday showing premium for the first nine months of 2018 was 3 percent below the same period for 2017. The WCIRB issued a report in September that …

WCIRB Studied Impact of Medical Fraud Enforcement in California

The Workers’ Compensation Insurance Rating Bureau of California has released a study that shows the impact of medical provider fraud on the system, and it finds that efforts by the state as well as local district attorneys and insurer special …