Workers’ Compensation Insurance Rating Bureau of California News

California Workers’ Comp Bureau Lowers Mid-Range Estimate of COVID Costs by $10B

The Workers’ Compensation Insurance Rating Bureau of California published estimated costs of allowing state workers to receive benefits for COVID-19 claims without proving virus exposure at work, dropping a prior mid-range estimate by $10 billion. In a report published on …

California Workers’ Comp Bureau Chief Addresses COVID’s Impact on System

Bill Mudge has been put in a unique position during the pandemic. He’s got a sizeable workforce he’s had to reconfigure and manage much differently, and he heads the bureau that regulators, employers and insurers in the largest state in …

California Workers’ Comp Report Shows Written Premium Down 6% in 2019

Workers’ compensation written premium in California for calendar year 2019 was 6% below that for calendar year 2018, according to an update on California statewide insurer experience valued as of Dec.31, 2019. The Workers’ Compensation Insurance Rating Bureau of California …

California Workers’ Comp Bureau to Restrict COVID-19 Experience, Payroll in Rating

The Workers’ Compensation Insurance Rating Bureau of California has submitted a special regulatory filing to the California Insurance Commissioner with proposals to address the COVID-19 pandemic. The WCIRB governing committee last week voted unanimously on the special regulatory filing. The …

California Workers’ Comp to Exclude COVID-19 From Rating, Payroll

The governing committee of the Workers’ Compensation Insurance Rating Bureau of California on Friday voted unanimously for a special regulatory filing that includes excluding COVID-19 claims from the experience rating and excluding payments to employees who continue to be paid …

California’s Workers’ Comp Bureau Will Skip Mid-Year Filing Due to COVID-19

The Workers’ Compensation Insurance Rating Bureau of California’s governing committee has decided not to submit a July 1, 2020 rate. The committee met this week to review the WCIRB actuarial committee’s analysis of Dec. 31, 2019 California workers’ comp experience. …

Report on California Workers’ Comp Looks at Medical Provider Fraud

The Workers’ Compensation Insurance Rating Bureau of California in a follow-up analysis to its 2018 study that evaluated the potential impact of medical provider fraud enforcement shows indicted providers treated significantly more injured workers and rendered more services per injured …

California Workers’ Compensation Bureau Testifies on 2020 Advisory Rate Drop

The Workers’ Compensation Insurance Rating Bureau of California on Monday presented the actuarial basis for an average proposed Jan. 1, 2020 advisory pure premium rate of $1.58, which is 5.4 percent less than the average of the current Jan. 1, …

California Workers’ Comp Bureau Releases Cost Monitoring Update on Reforms

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. …

Report: California Workers’ Comp Medical Payment Trends Fell in 2018

Medical payments in California’s workers’ compensation system continued to decline in 2018 as the medical payments per claim decreased, according to a report from the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB released its California Workers’ Compensation Aggregate …