The Workers’ Compensation Insurance Rating Bureau of California this week issued a prospective estimate of the cost impact of Senate Bill 863, the sweeping workers’ comp reform bill signed into law in 2012. SB 863, which increased benefits effective Jan. …
Cost savings in the California worker’s compensation system from reforms made five years ago are far more massive than projected, according to David Lanier, secretary of the California Labor and Workforce Development Agency. Lanier on Thursday said that $1.3 billion …
California’s workers’ compensation system has undergone numerous changes since the implementation of the sweeping reforms that started in 2013 with Senate Bill 863. In the last few years medical provider fraud has been addressed by subsequent new laws, a plague …
Hailing worker’s compensation reform in California as a “big hit,” the two top people at the Workers’ Compensation Insurance Rating Bureau explained why the WCIRB governing committee on Monday submitted a lower mid-year pure premium rate filing to the California …
Written premiums from workers’ compensation insurers in California for the year are expected to be flat at $18.1 billion compared with 2016 thanks largely to rate decreases, according to analysts with the Workers’ Compensation Insurance Rating Bureau. Premiums doubled from …
The insurer and public members of the Workers’ Compensation Rating Bureau Governing Committee have voted to authorize the Governing Committee to submit a lower mid-year pure premium rate filing to the California Department of Insurance. The filing will propose a …
California’s Workers’ Compensation Insurance Rating Bureau on Tuesday issued its report on statewide workers’ comp insurer loss and premium experience through Sept 30, which among other things shows that the average rate charged per $100 of payroll is down from …
A look back at the performance of a law reforming California’s worker’s compensation system that took effect in 2013 shows more than $1 billion in savings has been created. The Workers’ Compensation Insurance Rating Bureau released a report on Senate …
Will workers’ compensation benefits from California’s sweeping reform law passed in 2012 help or hurt injured employees over the next four years? Some people didn’t want to wait until 2020 to answer that question. The Santa Monica-based think tank Rand …
The state’s top two labor officials were understandably high on the impact they expect two bills recently signed by Gov. Jerry Brown will have on California’s workers’ comp system and bad actors who have clogged the lien process and driven …
