WCIRB News

California Workers’ Comp Pure Premium Could be Lowered 7th Straight Time

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 …

California Workers’ Comp Committee Votes to Lower Mid-Year Filing

The California Workers’ Compensation Insurance Rating Bureau’s governing committee has voted to authorize the WCIRB to submit a lower mid-year pure premium rate filing to the California Department of Insurance based in part on reduced lien filings and a new …

California Commissioner Adopts $1.94 Workers’ Comp Pure Premium

California Insurance Commissioner Dave Jones has adopted an advisory pure premium rate that lowers the benchmark to $1.94 per $100 of payroll for workers’ compensation insurance. The advisory rate is effective Jan. 1, 2018. The rate is 17.1 percent less …

California Worker’s Comp Insurer Written Premium Down 4% in First Half of 2017

The Workers’ Compensation Insurance Rating Bureau has completed its report on statewide workers’ comp insurer loss and premium experience through June 30. The major findings of the report include: California written premium for the first half of 2017 was $9.1 …

California Commissioner Issues Decision on Jan. 1, 2018 Worker’s Comp Filing

California Insurance Commissioner Dave Jones on Tuesday issued a decision regarding the Workers’ Compensation Insurance Rating Bureau’s Jan. 1, 2018 regulatory filing, which was submitted to the California Department of Insurance on June 27. Jones approved the following: The WCIRB’s …

California Comp Bureau Committee Votes to Submit Lower Pure Premium Filing

The California Workers’ Compensation Insurance Rating Bureau’s governing committee on Wednesday voted to amend the WCIRB’s Jan. 1, 2018 pure premium rate filing that has already been submitted to the insurance commissioner. The vote to amend the filing was based …

Increase in California Workers’ Comp Pure Premium Sent to Department of Insurance

The Workers’ Compensation Insurance Rating Bureau has submitted its Jan. 1, 2018 pure premium rate filing to the California Department of Insurance proposing advisory pure premium rates that average $2.01 per $100 of payroll. That WCIRB’S proposed rate is 14.3 …

Report: Written Premiums for California Comp Insurers to be Flat Through 2017

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 …

California Workers’ Comp Committee Votes for Higher Pure Premium Filing

The governing committee of the Workers’ Compensation Insurance Rating Bureau today voted to authorize the WCIRB to submit a Jan. 1, 2018 Advisory Pure Premium Rate Filing to the California Insurance Commissioner with rates that average $2.01 per $100 of …

California Workers’ Comp Bureau Rolls out 2018 Experience Mod Estimator

The Workers’ Compensation Insurance Rating Bureau has launched the 2018 Experience Modification Estimator for insurers, agents and brokers to help policyholders understand how their payroll and claim experience will be used in the computation of their 2018 experience modification. Users …