WCIRB News

California Workers’ Comp Report Shows Written Premium Nearing Pre-Pandemic Levels

A new report from the Workers’ Compensation Insurance Rating Bureau of California shows written premium in 2022 was 14% above the previous year. The WCIRB’s Quarterly Experience Report is an update on California statewide insurer experience as of September 30, …

California Workers’ Comp Written Premium in 2022 Was Near Pre-Pandemic Level

Written premium in 2022 was 14% higher than 2021 and almost at the pre-pandemic level – an increase was driven by higher employee wage levels and the economic Recovery, according to a new report out on Wednesday from the Workers’ …

Report: California Workers’ Comp Premium Levels on the Rise

California workers’ compensation premium levels rose by 14% in 2022 due to the economic recovery from the pandemic-related downturn, according to the new Workers’ Compensation Insurance Rating Bureau of California’s 2023 State of the System Report. The WCIRB report forecasts …

California Commissioner Issues Decision on Workers’ Comp Regulatory Filing

California Insurance Commissioner Ricardo Lara issued a decision this week regarding the Workers’ Compensation Insurance Rating Bureau of California’s Sept. 1, 2023 regulatory filing. The Commissioner approved all of the WCIRB’s proposed changes to: the California Workers’ Compensation Uniform Statistical …

California Workers’ Comp Written Premium was 14% Above 2021

The Workers’ Compensation Insurance Rating Bureau of California issued its Quarterly Experience Report, an update on California statewide insurer experience valued as of Dec. 31, 2022. Highlights of the report include: California written premium in 2022 was 14% above that …

California Workers’ Comp Committee OK’s .03% Higher Pure Premium Filing

The Workers’ Compensation Insurance Rating Bureau of California’s Governing Committee voted on Wednesday to authorize the WCIRB to submit a Sept. 1, 2023 pure premium rate filing to the state’s Insurance Commissioner on average 0.3% above the average approved September …

California Workers’ Comp Bureau Says Premium Fell Sharply Beginning in 2Q 2020

Written premium declined sharply beginning in the second quarter of 2020 due to the economic downturn resulting from the pandemic, according to a report out on Tuesday. The report from the Workers’ Compensation Insurance Rating Bureau of California shows a …

WCIRB Report on Medical Characteristics of Cumulative Trauma Claims

A report from the Workers’ Compensation Insurance Rating Bureau of California shows indemnity claims are the key driver of cumulative trauma claim costs. Highlights of the WCIRB report, Medical Characteristics of Cumulative Trauma Claims, include: Indemnity claims are the key …

Report: More than Half of California COVID-19 Workers’ Comp Claims in Healthcare

More than a half of all reported COVID-19 indemnity claims in California continue to arise from workers in the healthcare sector, according to a new report from the Workers’ Compensation Insurance Rating Bureau. The WCIRB released the information this week …

New Report on California Workers’ Comp Medical Payment Trends

The Workers’ Compensation Insurance Rating Bureau of California released an updated California Workers’ Compensation Aggregate Medical Payment Trends report for 2021. The latest annual report compares medical payment information from 2019 through 2021. It analyzes medical payment and utilization trends …