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Ag, Labor Reps Want to Remove COVID-19 Cost Projections From Rate Filing
10/07/2020
of Senate Bill 1159.
In addition some stakeholders have asked the commissioner to consider an alternative proposal that would downplay or remove COVID-related costs and enact an advisory pure premium rate about 5 lower than what the WCIRB has proposed.
The California Labor Federation the
Category: News
Insurance Commissioner Questions Treatment of Ag Industry in WCIRB Rate Filing
10/06/2020
burden as the WCIRB proposal recommends raising the average pure premium rate to 1.56 per 100 of payroll. The indicated rate is 2.6 higher than the last approved rate of 1.52.
The WCIRB proposal would include add-ons for projected COVID-19 costs of 24 cents per 100 of payroll for health care and
Category: News
Insurance Commissioner Appoints Employer Rep to WCIRB
10/05/2020
California Insurance Commissioner Ricardo Lara on Friday announced the appointment of Lynne Davidson as a public member of the Workers Compensatio
Category: News
C&R Committee Meets Oct. 13
10/02/2020
policyholder to a physical audit.
WCIRB staff determined that the maximum reportable payroll for executive officers should increase 7.3 to 144300 from 139100 to reflect projected wage inflation. The minimum reportable payroll should be increased by the same percentage to 55900 from 54600.
WCIRB
Category: News
DWC Proposes 16.7% Increase in Copy Service Flat Fee
09/30/2020
the Workers Compensation Insurance Rating Bureau or the Employment Development Department. Current regulations allow a 20 fee for obtaining records from EDD and a 30 fee for getting records from the WCIRB.
The division said its proposed rules would implement new billing codes for sales tax and
Category: News
WCIRB Releases 2021 Plans and Manual
09/28/2020
the Filings and Plans section of the WCIRB website include
California Workers' Compensation Uniform Statistical Reporting Plan-1995 USRP.
California Workers' Compensation Experience Rating Plan-1995 ERP.
Miscellaneous Regulations for the Recording and Reporting of Data-1995
Category: News
WCIRB Panel: State Faces 'Long Haul' Recovery, Even if COVID-19 Vaccine Arrives
09/25/2020
could get on the road to recovery.
It's going to be a long haul Jon Haveman executive director of the National Economic Education Delegation said Thursday. Were going to find that a lot of the economy that existed before the pandemic is going to be gone.
On Thursday Haveman joined WCIRB
Category: News
WCIRB Relays Overriding Message on Day 1 of Conference: COVID Has Changed Everything
09/24/2020
pandemics economic fallout caused mass layoffs this past spring throwing a wrench into the states payroll numbers and altering medical and workers comp-related cost projections. The WCIRB expects a payroll decline of about 1.5 billion to 2 billion in 2020 Bellusci said.
This COVID-19 slowdown is
Category: News
WCIRB Submits Amended Rate Filing
09/17/2020
The Workers Compensation Insurance Rating Bureau submitted an amended 2021 pure premium advisory rate recommendation to the California Department of Insurance that would spread projected costs for COVID-19 across six different categories based on risk of exposure.
In August the WCIRB filed
Category: News
Golden State Stands Out in Considering COVID Costs for New Rate Filing
09/17/2020
When the Workers Compensation Insurance Rating Bureau of California included COVID-19 related costs in its 2021 pure premium rate filing the Golden State became the first jurisdiction to formally consider the effects of the virus in future rate planning.
Donna Glenn
WCIRB officials
Category: News
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