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WCIRB Governing Committee Meets Wednesday
04/02/2020
organizations to discuss issues such as the impact of COVID-19 claims on experience rating the reporting of payroll for employees who are no longer working but continuing to be paid classification of people working from home and challenges in completing policy audits.
The WCIRB is also studying how prior
Category: News
WCIRB Working to Track COVID-19 Claims, Monitor Impact of Pandemic
03/26/2020
identify COVID-19 claims. The new codes will allow the costs of the claims to be tracked measured and properly used for pure premium ratemaking and experience rating.
At the same time the WCIRB said it is working with the Department of Insurance to identify any necessary changes to rules for
Category: News
WCIRB to Continue Operations During Shelter-in-Place Order
03/23/2020
The Workers Compensation Insurance Rating Bureau said it has taken steps to protect its staff while continuing to provide services to customers while California is under a statewide shelter-in-place order to try to slow the spread of the coronavirus.
WCIRB staffers are working remotely from
Category: News
WCIRB Actuarial Committee Meeting Monday
03/12/2020
WCIRB said the meeting will be held via teleconference because of concerns about COVID-19 commonly known as the coronavirus. The meeting starts at 930 a.m.
Call-in information is available on the meeting agenda here.
Category: News
RBRVS Transition Developing as Expected, CWCI Reports
02/21/2020
another element in SB 863 will likely cause even more waves the independent medical review.
While the RBRVS fee schedule has had a significant impact on the decline in costs and services 330 million savings per the WCIRB we believe that IMR has had an even deeper impact she said. As an
Category: News
WCIRB's Classification and Rating Committee Meets Feb. 11
02/03/2020
classifications including auditing and accounting services computer programming or software development law firms and mortgage brokers. The WCIRB continued the review this year and found more classifications for which it says payroll limitations might be appropriate.
Given the lack of evidence of increasing
Category: News
Premium Down 7%, Loss and Combined Ratios Edge Up
12/19/2019
California's written premium through the third quarter of 2019 is down 7 compared to 2018 which suggests premium decreases are escalating this year according to the Workers Compensation Insurance Rating Bureau.
The WCIRB said in its third quarter experience report that written premium for
Category: News
WCIRB Webinar Explores Geographic Differences in Claim Development
12/16/2019
in the Southland.
Dave Bellusci executive vice president and chief actuary for the WCIRB on Thursday said cumulative trauma claims which are often reported later than specific injury claims can increase the overall share of indemnity cases in a specific region.
Its pretty clear from the
Category: News
Governing Committee to Meet Wednesday
12/09/2019
well as the 2020 advisory pure premium rate of 1.52 per 100 of payroll. The approved rate is lower than the 1.58 the WCIRB recommended in August.
The Governing Committee will also review the schedule of 2020 meetings.
The committee meets at 930 a.m. Wednesday in the WCIRB office 1221
Category: News
Indicted, Suspended Providers Received Higher Share of Medical Payments
12/05/2019
with orders dismissing liens.
The WCIRB said in its report that the average total medical paid per indicted provider was 10 times higher than the average paid to other providers between 2013 and 2018 largely because indicted providers treated significantly more injured workers and rendered more
Category: News
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