At its April 6, 2011 meeting, the Workers’ Compensation Insurance Rating Bureau of California’s Governing Committee directed the WCIRB to submit to the California Department of Insurance (CDI) an informational analysis of workers’ compensation insurer experience as of December. 31, 2010, in lieu of a pure premium rate filing.
Recently, the CDI indicated that the submission of the informational analysis may constitute a pure premium rate filing. Since the Governing Committee did not authorize a pure premium rate filing, WCIRB said the matter is being referred to the Governing Committee for reconsideration at a special meeting scheduled for 9:30 a.m. on May 19, 2011.
Topics California Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
AI’s Water Strain Includes Surging Demand From Electricity Use 
A Timeline of Developments in AI Safety Since the Attack on Hugging Face 
NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge 
‘Unusual’ Isaias Brings Winds, Downed Trees But Fewer Claims Than Expected 
