The California Workers’ Compensation Insurance Rating Bureau Governing Committee voted on Wednesday to authorize the WCIRB to submit a mid-year pure premium rate filing to the California Department of Insurance that’s 5 percent lower than the Jan. 1 filing. The …
Workers’ compensation indemnity claim frequency in California has continued to rise unlike in most other states, according to the California Workers’ Compensation Insurance Rating Bureau. The WCIRB recently issued an update to its Analysis of Changes in Indemnity Claim Frequency …
California Insurance Commissioner Dave Jones on Friday adopted an advisory average pure premium rate of $2.74 per $100 of employer payroll for workers’ compensation rates effective Jan. 1, 2015. The adopted amount is lower than that proposed by the Workers’ …
California Insurance Commissioner Dave Jones adopted an advisory average pure premium rate of $2.70 per $100 of employer payroll for workers’ compensation rates effective Jan. 1, 2014, which is lower than that proposed by the Workers’ Compensation Insurance Rating Bureau. …
A workers’ compensation rate hike looks to be in the works for California. The Workers’ Compensation Insurance Rating Bureau Actuarial Committee met Wednesday and reviewed the June 30 experience, which showed “significant adverse medical loss development and increasing indemnity claim …
The Workers’ Compensation Insurance Rating Bureau’s Governing Committee voted unanimously on Wednesday to authorize the WCIRB to file an advisory pure premium rate for 2014 of $2.62 per $100 of payroll, 3.4 percent above the industry average filed pure premium …
Jason Molnar makes a living deep in the trenches of workers’ compensation battles in California, so you’d think when there was a no show from an opponent at an official lien hearing that he’d be relieved by what should have …
An annual report from the Workers’ Compensation Insurance Rating Bureau of California shows that for the second consecutive year statewide workers’ compensation premiums levels rose in 2011, but that continually growing costs of claims has eroded statewide underwriting results. The …
California workers’ compensation insurer’s loss and expense payments totaled more than $11 billion in calendar year 2010, according to the California Workers’ Compensation Institute, which issued a report based on estimates released last month in the Workers’ Compensation Insurance Rating …
After more than 42 years of service to the California workers’ compensation community, Workers’ Compensation Insurance Rating Bureau President and CEO Robert Mike announced that he will retire effective Dec. 1, 2011. Planning for Mike’s succession began in late 2010. …
