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WCIRB Updates Study on COVID Claims

10/13/2022
The Workers Compensation Insurance Rating Bureau said COVID-19 continues to account for a modest share of all California indemnity claims and those filed in accident year 2021 are emerging as less severe than those from the prior accident year. The WCIRB said in its update study on COVID-19

Category: News

WCIRB Publishes 2023 Experience Mods

10/06/2022
The Workers Compensation Insurance Rating Bureau of California announced that insurers agents and brokers can access recently published 2023 experience modifications for policyholders. Insurers agents and brokers who use WCIRB Connect can view the experience modification or X-mod for any

Category: News

WCIRB : Premium Up 27% in First Half of '22

10/04/2022
California's written premium for the first six months of 2022 is 27 higher than it was at this point in 2021 driven by the continued economic recovery the Workers Compensation Insurance Rating Bureau reported. The WCIRB in its latest quarterly experience analysis reported written premium

Category: News

WCIRB Posts Memo on AB 5 and Motor Carriers

10/04/2022
result the injunction was lifted and motor carriers in California are now subject to AB 5 for the purposes of work comp the WCIRB said. Workers who were previously considered independent contractors may now be considered employees and subject to the California Workers Compensation Uniform Statistical

Category: News

WCIRB Webinar to Explore COVID-19 Claims

09/28/2022
. Understanding the dynamics of COVID-19 workers compensation claims and their impact on the California system is critical to actuarial underwriting and claims leaders the WCIRB said. This webinar will update the characteristics of those claims and how they compare to the more typical workers compensation

Category: News

Medical Payments Climb 5.5% to $1.9B for 2021

09/26/2022
After falling to 1.8 billion in calendar year 2020 aggregate medical payments rebounded in 2021 and increased about 5.5 to 1.9 billion according to a new report by the Workers Compensation Insurance Rating Bureau of California. The WCIRB attributed the increase in aggregate payments to

Category: News

WCIRB Releases 2022 Edition of Interactive Industry Stats Report

09/20/2022
section of the WCIRB website here.

Category: News

WCIRB Governing Committee Meeting Sept. 21

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

Governor Signs UR Study Extension Bill

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

WCIRB to Review Pure Premium Rates During Webinar

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

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