The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has released its Quarterly Experience Report, an update on California statewide insurer experience valued as of March 31, 2021.

Highlights of the report include:

• California written premium for the first quarter of 2021 is 13 percent below that for the first quarter of 2020, which was pre-pandemic.
• The average charged rate for the first quarter of 2021 is 2 percent below that for 2020 and 41 percent below the peak in 2014.
• The projected loss ratio, including COVID-19 claims, for accident year 2020 is 5 points above that for 2019.
• The preliminary projected combined ratio for 2020, including COVID-19 claims, is 6 points higher than 2019 and 22 points higher than the low point in 2016.

The full report is available in the Research section of the WCIRB website and at the following link:

• WCIRB Quarterly Experience Report – As of March 31, 2021