09/20/2022
section of the WCIRB website here.
Category: News
09/19/2022
legislative regulatory and judicial actions during the meeting.
The Governing Committee is meeting virtually at 930 a.m.
The WCIRB is asking people who wish to attend the public meeting to register in advance.
A registration link is included on the meeting agenda here.
Category: News
09/15/2022
therapy session in the first 30 days dropped 17 to 10 days for claims in 2019 from 12 days for claims in 2017. The WCIRB also found less utilization of physical therapy services five months after the first 30 days in 2019 compared to 2017.
The WCIRB said at the time of its study there was no evidence
Category: News
09/02/2022
premium rate at 1.45 per 100 of payroll unchanged from last year. The WCIRB recommended an advisory rate of 1.56 a 7.6 increase while the actuary for public members of the WCIRBs Governing Committee recommended a slight decrease to 1.44.
A Department of Insurance attorney recommended a rate of
Category: News
08/17/2022
current claim severity and benefit on-leveling factors the WCIRB said.
At the same time the bureau also updated other tables included in the California Retrospective Rating Plan California Large Risk Deductible Plan and California Small Deductible Plan.
A summary of regulatory changes approved
Category: News
08/12/2022
The Workers Compensation Insurance Rating Bureau of California has released its 2022 State of the System report highlighting key metrics of the st
Category: News
08/02/2022
classified classifications used when multiple classifications are applicable to an industry but none of them more accurately describe the employers business. Over time the WCIRB said the classifications can become overly broad and lump together disparate businesses.
Based on the analysis the WCIRB is
Category: News
07/29/2022
The Workers Compensation Insurance Rating Bureau of California named Andrea Coleman as executive vice president and chief operating officer.
Andrea Coleman
As an executive the WCIRB said Coleman the senior leader for its finance human resources marketing outreach and educational
Category: News
07/28/2022
WCIRB said the decrease was driven by rate reductions that more than offset increases in payroll.
The 4.4 billion in premium through the first three months of 2022 however is 22 above that for the same period in 2021 and 5 above what it was in the 1st quarter of 2020.
The average rate charged
Category: News
07/26/2022
employers claim frequency in 2019 increased to nearly half 49.5 of the claim frequency in 2020 and still represented 47.7 in 2021.
Reports from the Workers Compensation Insurance Rating Bureau of California indicate a similar trend among claims for insured employers.
The WCIRB reported a sharp
Category: News