Written premiums from workers’ compensation insurers in California for the year are expected to be flat at $18.1 billion compared with 2016 thanks largely to rate decreases, according to analysts with the Workers’ Compensation Insurance Rating Bureau. Premiums doubled from …
The governing committee of the Workers’ Compensation Insurance Rating Bureau today voted to authorize the WCIRB to submit a Jan. 1, 2018 Advisory Pure Premium Rate Filing to the California Insurance Commissioner with rates that average $2.01 per $100 of …
The Workers’ Compensation Insurance Rating Bureau has launched the 2018 Experience Modification Estimator for insurers, agents and brokers to help policyholders understand how their payroll and claim experience will be used in the computation of their 2018 experience modification. Users …
The Workers’ Compensation Insurance Rating Bureau testified at a California Department of Insurance public hearing today regarding the bureau’s July 1 pure premium rate filing, which was submitted to the CDI on April 11, the WCIRB announced. WCIRB Executive Vice …
The Everest National Insurance Co. has joined the Governing Committee of the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB Governing Committee is responsible for setting policy and overseeing the management of the affairs of the WCIRB. The WCIRB …
California’s Workers’ Compensation Insurance Rating Bureau has completed its report on statewide workers’ comp insurer loss and premium experience through Dec. 31, 2016. The major findings of the WCIRB report include: California written premium for 2016 was roughly $18.1 billion, …
The Workers’ Compensation Insurance Rating Bureau on Tuesday submitted a July 1 Pure Premium Rate Filing to the California Department of Insurance proposing advisory pure premium rates that average $2.02 per $100 of payroll. The move follows a vote by …
California’s Workers’ Compensation Insurance Rating Bureau on Tuesday issued its report on statewide workers’ comp insurer loss and premium experience through Sept 30, which among other things shows that the average rate charged per $100 of payroll is down from …
California Insurance Commissioner Dave Jones issued a formal finding today that costs to insurers in the workers’ compensation system are declining and he’s asking workers’ comp insurers to pass those cost savings on to employers in the form of lower …
California Insurance Commissioner Dave Jones issued a decision regarding the Workers’ Compensation Rating Bureau’s Jan. 1, 2017 regulatory filing submitted to the California Department of Insurance in June. Jones approved all the changes to the Standard Classification System proposed by …
