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WCIRB Recommending 4.5% Rate Decrease
08/09/2018
1.78 currently. The WCIRB said the recommended rate is 20 less than the average filed pure premium rate of 2.13 as of July 1.
The rate filing if approved by Insurance Commissioner Dave Jones will mark the eighth consecutive rate decrease since 2015 totaling approximately 40 the bureau said
Category: News
WCIRB Updates Regulatory Filing
08/03/2018
Californias Workers Compensation Insurance Rating Bureau updated its proposed 2019 regulatory filing to revise wording for certain job classifications.
The WCIRB said that based on employer feedback it modified proposed wording for adult day care workers. The bureau amended class code 8873
Category: News
Pure Premium Recommendation on Agenda for WCIRB Meeting
08/03/2018
evaluating system trends and setting the advisory premium rate for next year. Members of the Governing Committee will also likely approve a methodology for use in the 2019 filing.
Once the Governing Committee approves a methodology the WCIRB will calculate the advisory rate for policies incepting on or
Category: News
DWC Still Working to Finish Implementing SB 863 Reforms
08/03/2018
to the Medical-Legal Fee Schedule.
Worley said draft rules if implemented would be disastrous for injured workers.
With savings from SB 863 coming in roughly 1 billion in excess of projections the WCIRB in November 2016 upped projected annual savings to 1.34 billion per year from the
Category: News
WCIRB Launches Online Authorization Process for Policyholder Data
08/01/2018
The Workers Compensation Insurance Rating Bureau has made it easier for insurers agents and brokers to access policyholders experience rating worksheets inspection reports and Comprehensive Risk Summary reports.
WCIRB said in a press release Tuesday that it has integrated DocuSign into an
Category: News
WCIRB Committee to Discuss 2019 Premium Methodology
07/30/2018
The Actuarial Committee of Californias Workers Compensation Insurance Rating Bureau will review data trends and methodologies for the 2019 advi
Category: News
Falling Rates Makes State Less of an Outlier
07/20/2018
when the 2018 report comes out will depend on what happened in other states. Bellusci said he doesnt think rates have fallen as much in the other high-cost states.
The figure that WCIRB is projecting would have placed California at No. 5 in the 2016 study between Connecticut and Alaska at 2.74
Category: News
L.A. Times Takes on Cumulative Trauma Claims
07/17/2018
a former attorney at Straussner Sherman who is now a workers' comp defense attorney.
The Workers Compensation Insurance Rating Bureau has also reported a significant increase in cumulative trauma clams. In its mid-year rate filing the WCIRB said CT accounted for 17.9 of all indemnity claims
Category: News
WCIRB : 2019 X-Mod Estimator Online
07/12/2018
Californias Workers Compensation Insurance Rating Bureau launched its 2019 experience modification estimator for carriers agents and brokers.
Category: News
WCIRB Webinar to 2018 State of System Report
07/10/2018
The Workers Compensation Insurance Rating Bureau will present its 2018 report on the Californias comp system during a webinar Wednesday morning.
The WCIRB on Monday announced the release of its 2018 State of the California Workers Compensation Insurance System report. The study highlights
Category: News
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