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WCIRB Makes 3.5% Rate Filing, Changes to Plans

07/29/2004
On July 28 2004 the WCIRB submitted its annual regulatory filing to the California insurance commissioner. In its filing the WCIRB proposed advisory premium rates applicable to new and renewal policies with anniversary rating dates on or after January 1 2005 that are on average 3.5 greater

Category: News

WCIRB's Rate Announcement = Surprise, Tough Talk

07/23/2004
The pure premium advisory rate recommendation increase of 3.5 published by the WCIRB Wednesday has California press buzzing with rumors of renewed rate regulation legislative vigor conspiracy theories and political tough talk from politicians who expected miracles from the wave of reform bills

Category: News

CA WCIRB to Propose 3.5% Increase in Rates

07/22/2004
The California Workers' Compensation Insurance Rating Bureau WCIRB will propose a 3.5 average increase in the advisory pure premium rates for policies incepting on or after January 1 2005 based on an analysis of loss and loss adjustment experience as of March 31 2004. Most of the proposed

Category: News

CA WCIRB Report: Everyone Benefiting But Employers

07/05/2004
The California Workers' Compensation Insurance Rating Bureau WCIRB has released its annual report on 2003 losses and expenses finding very little change in the proportion of costs and expenses on a percentage basis but demonstrating a return to health in the California workers' compensation

Category: News

IBA West to Produce Educational Materials for Members

06/07/2004
organization looks to be reminding policy holders that just last year the WCIRB was actually recommending a rate increase of 12. WCC

Category: News

WCIRB Publishes Pure Premium Rates Effective July 1

06/01/2004
The California Workers' Compensation Insurance Rating Bureau WCIRB in response to Insurance Commissioner John Garamendi's announcement on the advisory pure premium rate has calculated the approved pure premium rates effective July 1 2004 on new and renewal policies with anniversary rating

Category: News

AIA Responds to Garamendi's Rate Recommendation

06/01/2004
California's businesses and delay care for injured workers. It is encouraging that the Workers' Compensation Insurance Rating Bureau WCIRB and the commissioner both project several billions in cost savings from SB 899 authored by Senator Chuck Poochigian R-Fresno. If the reforms are properly and

Category: News

Legislative Matrix of SB 899 Clean Up Issues

05/26/2004
Refers to "commission" when describing entities that need to protect confidentiality of insurer data when rest of section relates to study contracted by AD. Name of WCIRB is incomplete Change "commission" to "Administrative Director" Subdivision a5 should be amended to name "Workers

Category: News

Garamendi Calls For Employer Premium Decrease

05/17/2004
the Workers' Compensation Insurance Rating Bureau WCIRB recommended that the pure premium rate charged to California employers be lowered by 17.4 percent. This figure includes the 14.9 percent reduction I recommended to insurers last fall. Through its analysis the WCIRB has provided evidence that

Category: News

CA WCIRB Testifies In Favor of Another 2.9% Reduction

05/14/2004
At yesterday's California Department of Insurance CDI public hearing on workers' compensation pure premium rates the WCIRB submitted its July 1 2004 regulatory filing with a recommendation that rates be lowered another 2.9 on top of the rate reduction previously recommended for the January 1

Category: News

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