The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has released a new report, Impact of Economic Changes on California Workers’ Compensation. The full report is available in the Research section of the WCIRB website and at the following link:

• Impact of Economic Changes on California Workers’ Compensation

Highlights of the report include:

• Employment and wages for most industries have rebounded from the initial pandemic related changes in 2020, but employment in the Retail and Hospitality industries remained below 2019 levels through 2022. 
• Projected changes to frequency and severity due to industry mix of employment are low through 2025. 

WCIRB Research Forum Webinar
Members of the WCIRB Actuarial Research team will host a free webinar to discuss this new report. Click on the registration link below to sign up.

Impact of Economic Changes on California Workers’ Compensation
Wednesday, December 6, 2023, 10:00 – 11:00 AM PT
REGISTER