The Workers’ Compensation Insurance Rating Bureau of California submitted its Sept. 1, 2024, pure premium rate filing to the California Department of Insurance, proposing advisory rates on average 0.9% above the average approved Sept. 1, 2023 rates. The proposed advisory …
The Workers’ Compensation Insurance Rating Bureau of California’s governing committee voted on Wednesday to authorize the WCIRB to submit a Sept. 1, 2024 Pure Premium Rate Filing to the California Insurance Commissioner on average 0.9% above the average approved Sept. …
Roughly four-in-10 workers’ compensation claims come from workers with less than one year of tenure, a new report from the Workers’ Compensation Insurance Rating Bureau of California shows. The report shows 40% of workers’ comp claims come from workers with …
A new report from the Workers’ Compensation Insurance Rating Bureau of California shows written premium in 2022 was 14% above the previous year. The WCIRB’s Quarterly Experience Report is an update on California statewide insurer experience as of September 30, …
California Insurance Commissioner Ricardo Lara issued a decision regarding the workers’ compensation insurance pure premium rate filing that average $1.46 per $100 of payroll, 2.6% below the average of the approved September 1, 2022 advisory pure premium rates. The Workers’ …
The Workers’ Compensation Insurance Rating Bureau of California released its report on workers’ compensation losses and expenses for 2022. Key findings in the report include: Medical losses paid in 2022 were $4.4 billion, or 53 percent of total loss payments. …
Roughly 13% of COVID-19 claims with medical payments received treatments for long COVID symptoms in the workers’ compensation system, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released an updated COVID-19 report, Medical Characteristics of COVID-19 …
California Insurance Commissioner Ricardo Lara issued a decision this week regarding the Workers’ Compensation Insurance Rating Bureau of California’s Sept. 1, 2023 regulatory filing. The Commissioner approved all of the WCIRB’s proposed changes to: the California Workers’ Compensation Uniform Statistical …
The Workers’ Compensation Insurance Rating Bureau of California issued its Quarterly Experience Report, an update on California statewide insurer experience valued as of Dec. 31, 2022. Highlights of the report include: California written premium in 2022 was 14% above that …
The Workers’ Compensation Insurance Rating Bureau of California’s Actuarial Committee is set to talk about insurer experience, and the impact of the economic slowdown on the pure premium. The committee is set to meet virtually at 9:30 a..m on March …
