Today is
Monday, May 20, 2024 -
SEARCH RESULTS
1055 Results
Jones Orders Pure Premium Rate of $1.63, Lower Than WCIRB Filing
11/08/2018
Patricia Hein states that the bureaus recommendation is within a reasonable actuarial range but the departments actuaries assumed lower indemnity and medical costs than the WCIRB used in its analysis.
The bureau uses solely the paid development method when projecting losses. The departments
Category: News
Medical Costs Drop 10% in Two Years
11/08/2018
661756 in 2017 from 671784 in 2015.
Overall the WCIRB reported that carriers paid 2.1 billion for medical services in 2017 down 9.7 compared to 2.4 billion in 2015.
The downward trend reflects a continuation of the savings generated by the reforms to the medical care delivery enacted by
Category: News
Insurance Commissioner Approves Manual Changes
11/08/2018
page in the Filings and Plans section of the WCIRB website.
Category: News
Carrier Filings Follow Direction of Rate Decisions
11/01/2018
some of the savings flowing from Senate Bill 863.
The WCIRB reports that the industry average charged rate fell to 2.35 this year based on data collected through June 30 compared to the 2.52 paid on average last year. Average charged rates are down from the recent high of 2.97 set in 2014
Category: News
Average Charged Rate Down 7% in 2018
10/26/2018
rate of 2.52 employers paid last year. The WCIRB noted in a statement announcing the publication of its second quarter 2018 Insurer Experience Report that the average charged rate through the first six months of the year is 21 lower than the recent peak of 2.97 in 2014.
Written premium through
Category: News
No Surprises With No. 2 Ranking in Premium Cost Comparison
10/23/2018
reduce frictional costs to cover a 30 increase in permanent disability benefits.
The Workers Compensation Insurance Rating Bureau in October 2012 initially projected about 200 million in annual savings as a result of the bill. By 2016 the WCIRB had increased its projection to 1.34 billion in
Category: News
WCIRB Updates X-Mod Calculator
10/22/2018
WCIRBs 2019 regulatory filing including expected loss rates D-Ratios and primary thresholds varying by employer size.
The rating bureaus calculator provides only an estimate of an employers experience modification or X-mod. It is available here.
The WCIRB is hosting a free webinar to discuss
Category: News
WCIRB : Proportion of Payments to Indicted Providers Falls Almost 75%
10/22/2018
The share of California workers compensation payments going to providers accused or convicted of fraud has fallen nearly 75 since 2012 according to a new report by the Workers Compensation Insurance Rating Bureau.
Tim Basuino
At the same time the WCIRB also found that most of the
Category: News
WCIRB : IMR, Fraud Enforcement Effect on Med Costs Likely Significant
10/19/2018
Independent medical review and new rules for lien filers in Senate Bill 863 helped drive down medical costs and contributed to a series of pure premium rate decreases totaling 40 according to the Workers Compensation Insurance Rating Bureau.
The WCIRB said efforts to investigate and
Category: News
Commissioner Approves WCIRB Regulatory Filing
10/15/2018
private school classifications which might have impacted premiums paid by facilities that serve the developmentally disabled.
The order also approves amendments to experience rating plan and miscellaneous regulations for the recording and reporting of data to be effective Jan. 1.
WCIRB noted that
Category: News
Advertisements
Now Trending
- Workers' Compensation News
-
Calif. 3rd DCA
Publishes Decision on
Compensability of Car Accident;
Defendant…
Posted on May 14, 2024
-
Calif. DWC
Announces Crackdown on E-Filing…
Posted on May 16, 2024
-
Calif. CDI: Truck
Driver's Death Exposes Premium
Fraud…
Posted on May 16, 2024
-
Calif. WCAB
Assesses $40k in Sanctions for
Misuse of…
Posted on May 20, 2024
-
Ill. Court
Overturns Denial of Benefits to Son
of Fatal Heart Attack…
Posted on May 15, 2024
-
Okla. Vehicle
Qualifies as Uninsured if
Exclusivity Prevents Worker From…
Posted on May 16, 2024
-
N.Y. Court:
Medical Resident's Wounds From Mass
Shooting at Hospital…
Posted on May 17, 2024
-
Texas Research
Group Releases Report on Access to…
Posted on May 14, 2024
-
Texas Split Court
Overturns Finding That Injured Cop
Can Claim UM/UIM…
Posted on May 16, 2024
-
Mo. Employer That
Failed to Provide Treatment for
Worker Can Still Direct Future…
Posted on May 15, 2024
Jobs
- Workers' Compensation Defense Attorney
- Associate Attorney- Workers' Compensation Defense
- Defense Associate Attorney
- W.C. DEFENSE ATTORNEY
- Worker's Compensation Adjuster (8141) - Department of Human Resources (147002)
- Senior Workers’ Compensation Analyst
- DEFENSE WORK COMP ATTORNEY (FT/PT) Workers' Compensation Jobs
Upcoming Events
May 22-23, 2024
San Diego Elevate Workers' Com
About #ELEVATEWORKCOMP This annual event is all about championing the cause to improve Workers’ C …
Jun 12-14, 2024
20th Annual Conference: Legisl
Registration Our signature event of the year annually draws a high-level audience of participants …
Jun 20-23, 2024
California Applicants' Attorne
Attendee Registration Opens Tuesday, April 9th @ 9:30 AM Sponsorships & Exhibitor Applications …
Social Media Links
WorkCompCentral
c/o Business Insurance Holdings, Inc.
c/o Business Insurance Holdings, Inc.
PO Box 1010
Greenwich, CT 06836
(805) 484-0333
Greenwich, CT 06836
