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Actuarial Committee to Meet April 13

The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Actuarial Committee will meet virtually at 9:30 AM on April 13, 2023. The meeting is open to the public.  

At the meeting, the Committee will review the following: 

  • September 1, 2023 Pure Premium Rate Filing: 
    • Loss Adjustment Expense Experience Review 
    • Review of Alternative Loss Projection Methodologies 
    • COVID-19 Claim Cost Projection  
  • Update on Medical Severity Trends by Component 
  • Impact of Economic Downturn on Pure Premium Rate Indications 
  • Retrospective Evaluation of 2021 Fee Schedule Changes 
  • Study of Paid and Incurred Loss Development  
  • First Quarter 2023 Review of Diagnostics 
  • Insurer Experience Valued as of December 31, 2022 

The full agenda, including the virtual-meeting registration information, is available on the Committee Documents page in the Filings and Plans section of the WCIRB’s website and through the following link: 

April 10, 2023