11/25/2020
Northern California regions tended to have fewer and less severe claims than their southern counterparts a trend that has mostly held steady for years said Dave Bellusci WCIRB chief actuary and executive vice president.
Regional differences in California go back a long way Bellusci said during a
Category: News
11/18/2020
Worley executive director for the California Applicants Attorneys Association.
Now that a correlation between delayed care and high claim costs is being acknowledged Worley said she hopes employers will loosen their grip to allow workers to receive care more quickly and return to work.
WCIRB
Category: News
11/06/2020
Compensation Insurance Rating Bureau of California released Thursday.
The 2020 WCIRB Geo Study also found that medical-legal costs and paid allocated loss adjustment expenses are significantly higher in the Los Angeles and Bakersfield regions than in the rest of the state.
The WCIRB said the share of
Category: News
10/30/2020
suspended all non-urgent medical care. The WCIRB reports that average medical services per claim were down 2 from January through the middle of March when compared to the same period in 2019.
Average medical services per claim dropped 7 from March 15 to March 31 compared to the same period in 2019. And
Category: News
10/28/2020
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Commissioner Ricardo Lara
The WCIRB in August recommended that the commissioner adopt an advisory rate of 1.56 per 100 of payroll. If approved the new rate for policies incepting on or after Jan. 1 would be 2.6 higher than the rate for policies incepting in 2020.
The rate recommendation includes an
Category: News
10/21/2020
.
Detailed instructions on how to use the Interactive Industry Stats-2020 Edition are included in the report.
The report is available on the Interactive Industry Stats page in the Research section of the WCIRB website here.
A direct link to the report is here.
Category: News
10/21/2020
Statistical Reporting Plan specifies what must be reviewed not where the review must happen and remote or virtual audits still meet the physical audit requirements as long as the auditor reviews the original payroll records said Brain Gray WCIRB director of classification administration and education
Category: News
10/15/2020
remuneration. The rule notes that excluded amounts cant exceed a workers regular rate of pay.
The WCIRB said the rationale for the rules was that some employers would pay workers who do not have any work duties because of the pandemic. Because those workers would have no work-related exposure the WCIRB
Category: News
10/14/2020
Workers Compensation Uniform Statistical Reporting Plan requires the WCIRB to review the premium audit threshold regularly and to make adjustments as needed to ensure the same approximate volume of policies will be subject to the audit guidelines.
The WCIRB has traditionally set the premium audit
Category: News
10/07/2020
The 7.6 billion in written premium reported for the first six months of 2020 is down 10.6 compared to the 8.5 billion reported during the same period in 2019 according to the Workers Compensation Insurance Rating Bureau of California.
The WCIRB also said in its insurer experience report
Category: News