Commissioner Issues Decision on Regulatory Filing
On August 9, 2013, the WCIRB submitted its January 1, 2014 Regulatory Filing to the California Department of Insurance proposing changes to the Insurance Commissioner’s regulations contained in the California Workers' Compensation Uniform Statistical Reporting Plan - 1995 (USRP), the California Workers' Compensation Experience Rating Plan - 1995 (ERP), and the Miscellaneous Regulations for the Recording and Reporting of Data–1995 (Misc. Regs.). The Insurance Commissioner held a public hearing on
In his Decision signed on October 17, 2013, the Commissioner approved all of the WCIRB’s proposed changes as filed. Among these changes approved effective
- Numerous changes to the Standard Classification System contained in Part 3 of the USRP
- Changes to data reporting requirements to conform to national data reporting specifications
- Amendments to the audit rules to allow for the use of collective bargaining agreements to validate an employee’s hourly wage rate for dual wage classification assignment purposes
- Amendments to facilitate the bifurcation of pure premium rate filings and regulatory filings
In addition, the Commissioner approved a number of regulatory changes to be effective on
The Commissioner’s Decision pertains only to the WCIRB’s
The WCIRB cannot issue experience modification for policies incepting
The WCIRB is currently updating the USRP, ERP and Misc. Regs. to reflect the Commissioner’s Decision. Once completed, copies of these documents will be posted to the Publications and Filings section of www.wcirb.com. In the interim, the WCIRB has created the Quick Reference Guide 2014 summarizing the approved changes to the regulations.
The Decision, Filing and all related documents are available in the Regulatory Filings section of www.wcirb.com.