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WCIRB Submits COVID-19 Regulatory Filing
04/22/2020
compensation claim costs the inclusion of such claims in an experience modification calculation would not meet the intended goal of experience rating the WCIRB said in a statement.
Another proposed change would exclude from reportable payroll any payments made to employees who are being paid but not
Category: News
Legislators Propose COVID-19 Presumption Bill for Health Care Workers, First Responders
04/21/2020
Bureau of California.
The WCIRB estimates the annual cost of COVID-19 claims on frontline and essential workers under a conclusive presumption would range between 2.2 billion and 33.6 billion according to research requested by the California State Assembly Insurance Committee.
The study included
Category: News
WCIRB Committee Approves COVID-Related Changes
04/20/2020
specifically arise from diagnosis and not those that include contracting the virus according to the WCIRB.
The other two rules are payroll-centered.
One would allow for the reclassification of at-home employees as clerical office workers when their payroll is not assignable to a standard
Category: News
Worker Advocates Push for COVID-19 Presumption in Golden State
04/17/2020
claim among certain potential worker segments Mudge said. These conversations are occurring in California and similar states at the moment. And the WCIRB as often is the case in matters of workers compensation pending legislation will work with other experts and our committees to undertake a
Category: News
WCIRB Committee Votes in Favor of COVID-Related Regulatory Changes
04/15/2020
directly arising out of COVID-19 must have accident dates on or after Dec. 1 2019. The language of the proposal was changed to specifically include claims that arose because of a diagnosis and not claims that simply included one WCIRB officials said.
The exclusion of paid nonworking employees from
Category: News
Insurance Commissioner Orders Companies to Pay Back Premiums Due to COVID-19 Fallout
04/14/2020
vote on three proposed regulatory changes to send to Lara in response to the COVID-19 pandemic.
Dave Bellusci executive vice president and chief actuary for WCIRB wrote in an email that issues related to premium returns were not within the WCIRBs role which focuses on advisory pure premium
Category: News
WCIRB to Consider Excluding COVID-19 Claims From Experience Rating Modifications
04/13/2020
the occurrence of COVID-19 workers compensation claims are unlikely to be a strong predictor of future claim costs incurred by an employer their inclusion in an experience modification calculation would not meet the intended goal of experience rating WCIRB said in a statement last week
Category: News
Classification and Rating Committee to Review COVID-19 Responses
04/09/2020
classification code 8810 to workers whose job duties during the statewide stay-at-home order meet the definition of a clerical office employees.
They will also discuss a proposal to exclude from reported payroll any payments made to employees who continue to draw a salary but arent working. The WCIRB said in
Category: News
Citing Uncertainty, WCIRB Committee Votes Against Midyear Rate Filing
04/09/2020
Bellusci
The WCIRBs indicated midyear pure premium of 1.53 per 100 of payroll was just 0.7 higher than the 1.52 rate approved by Insurance Commissioner Ricardo Lara for policies starting on or after Jan. 1.
Both rates are below the industry average charged rate of 1.72 according to WCIRB
Category: News
WC System Likely to See Fewer Claims, Lower Rates if COVID-19 Economic Fallout Continues
04/03/2020
Thursday.
Dave Bellusci
As committee members attempted to zero in on recommendations for rate plans and methodologies for the coming year uncertainty caused by the global pandemic hung over the meeting said Dave Bellusci executive vice president and chief actuary for WCIRB.
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Category: News
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