The WCIRB has released its report on workers' compensation losses and expenses for 2018. The report is prepared annually pursuant to Section 11759.1 of the California Insurance Code.
Key findings in the report include:
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In this section, you will find current news stories from the WCIRB. To view stories from previous years, choose a year from the pull-down menu at the right of this page.
The California Department of Insurance (CDI) announced that it will hold a public hearing on July 30, 2019 to consider the WCIRB’s January 1, 2020 Regulatory Filing, which was submitted to the CDI on June 26, 2019.
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Today, the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) submitted a January 1, 2020 Regulatory Filing to the California Insurance Commissioner. The filing contains the following proposals:
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The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) held its 2019 Annual Conference: Vision 2020 last week, with more than 90 percent of the California workers’ compensation market’s insurers in attendance.
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The WCIRB Actuarial Committee will meet on Friday, June 14, 2019, at the WCIRB’s office in Oakland, California.
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The WCIRB Governing Committee will meet on June 12, 2019 at the WCIRB’s office in Oakland, California.
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The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Classification and Rating Committee will meet on June 12, 2019, at the WCIRB’s office in Oakland, California.
At the meeting, the Committee will review potential classification studies for the 2021 Regulatory Filings as well as changes to the filing schedule.
The full agenda, including the location and time of the meeting, is available on the Committee Documents page of the WCIRB’s website (wcirb.com).
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The WCIRB Classification and Rating Committee will meet on May 30, 2019, at the WCIRB’s office in Oakland, California.
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In an open letter to the California workers’ compensation community, Workers’ Compensation Insurance Rating Bureau of California (WCIRB) President and CEO Bill Mudge highlights the current state and challenges in California’s workers’ compensation industry. The letter also spotlights a few of the WCIRB’s achievements in the past year as well as key initiatives for this year and beyond that are aimed at deepening its connection and value to the stakeholder community it serves.
Click on the following link to view the letter.
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Since 2012, the use of opioids has significantly and continuously declined in the California workers’ compensation system. The downward trend of opioid prescriptions may be leading to a shift in the patterns of medical treatments for California’s injured workers as well as more utilization of alternative measures.
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The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Classification and Rating Committee will meet on May 7, 2019, at the WCIRB’s office in Oakland, California.
At the meeting, the Committee will review the following:
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The WCIRB has released its Quarterly Experience Report based on statewide workers’ compensation insurer loss and premium experience through December 31, 2018.
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Earlier today, the WCIRB Governing Committee (Committee) met to review the WCIRB Actuarial Committee’s analysis of December 31, 2018, California workers’ compensation loss and loss adjustment expense experience. Following review and discussion of the latest data and analysis, the Committee conferred on whether to direct the WCIRB to submit a mid-year 2019 advisory pure premium rate filing to the California Department of Insurance (CDI).
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The WCIRB Governing Committee will meet on April 3, 2019, at the WCIRB’s office in Oakland, California.
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The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Actuarial Committee will meet on Tuesday, April 2, 2019, at the WCIRB’s office in Oakland, California.
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The WCIRB held its 103rd Annual Meeting in Oakland on Wednesday, March 20, 2019, for the purpose of electing new insurer members to the Governing Committee and Classification and Rating Committee to fill vacancies created by expiring terms.
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The WCIRB Actuarial Committee will meet on Monday, March 18, 2019, at the WCIRB’s office in Oakland, California.
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The WCIRB Classification and Rating Committee will meet on March 19, 2019 at the WCIRB’s office in Oakland, California.
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The WCIRB Classification and Rating Committee will meet on January 22, 2019 at the WCIRB’s office in Oakland, California.
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The WCIRB has released the Workers’ Compensation California Terrorism Risk Assessment study that was developed in partnership with Risk Management Solutions, Inc. (RMS), a leading provider of catastrophe modeling analytics.
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