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WCIRB Wire

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) canceled a public hearing on September 30, 2019, and rescheduled it for October 14, 2019, to consider the Workers’ Compensation Insurance Rating Bureau of California’s (WCIRB’s) January 1, 2020 Pure Premium Rate Filing, which was submitted to the CDI on August 20, 2019. The hearing will be held: Read More >
Today, the WCIRB released a revised version of the California Workers’ Compensation Aggregate Medical Payment Trends report that was released last week. Read More >
Today, the California Insurance Commissioner issued a Decision regarding the Workers’ Compensation Insurance Rating Bureau of California’s (WCIRB’s) January 1, 2020 Regulatory Filing, which was submitted to the California Department of Insurance (CDI) on June 26, 2019. Read More >
The WCIRB Governing Committee met to review the Actuarial Committee’s analysis of recently available June 30, 2019 experience. Read More >
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has released the California Workers’ Compensation Aggregate Medical Payment Trends report comparing medical payment information from 2016 to 2018. Read More >
Effective January 1, 2018, the California Division of Workers’ Compensation adopted an evidence-based drug formulary intended to reduce frictional costs in the workers’ compensation system; restrict inappropriate prescribing, especially those that relate to opioids; and ensure that injured workers receive medically necessary medications in a timely manner. Read More >
Update: the hearing date has been rescheduled for October 14, 2019. More hearing details on the amended notice.    Read More >
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Governing Committee will meet on September 4, 2019, at the WCIRB’s office in Oakland, California, at 9:30 AM.   At the meeting, the Committee will discuss the Actuarial Committee’s review of recently available June 30, 2019 experience and its impact on the indicated January 1, 2020 pure premium rate level.   Read More >
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has released its quarterly update on California statewide insurer experience valued as of March 31, 2019.   Highlights of the report include:   Read More >
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Actuarial Committee will meet on Tuesday, September 3, 2019, at 9:45 AM PT at the WCIRB’s office in Oakland, California. At the meeting, the Committee will review: Read More >
The WCIRB submitted its January 1, 2020 Pure Premium Rate Filing to the California Department of Insurance (CDI), proposing advisory pure premium rates that are, on average, 5.4 percent less than the average of the current January 1, 2019 advisory pure premium rates. Read More >
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Governing Committee voted to authorize the WCIRB to submit a January 1, 2020 Advisory Pure Premium Rate Filing to the California Insurance Commissioner. The filing will propose advisory pure premium rates that will be on average approximately 5.7% below the average approved January 1, 2019 advisory pure premium rates. Read More >
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has released its 2020 Experience Modification Estimator (Estimator) for insurers, agents and brokers to help policyholders understand how payroll and claims experience will affect the computation of their 2020 experience modification (X-Mod).  Read More >
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Governing Committee will meet on August 7, 2019, at 9:30 AM PT at the WCIRB’s office in Oakland, California. At the meeting, the Committee will review the WCIRB Actuarial Committee’s recommendations regarding the methodologies that will underlie the WCIRB’s January 1, 2020 Pure Premium Rate Filing, which is anticipated to be submitted in the third week of August. Read More >
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Actuarial Committee will meet on Thursday, August 1, 2019, at 9:45 AM PT at the WCIRB’s office in Oakland, California. At the meeting, the Committee will review: Read More >
The WCIRB has released its 2019 State of the System report highlighting key metrics of the California workers’ compensation system. Read More >
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: Read More >
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. Read More >
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:   Read More >
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. Read More >
The WCIRB Actuarial Committee will meet on Friday, June 14, 2019, at the WCIRB’s office in Oakland, California. Read More >
The WCIRB Governing Committee will meet on June 12, 2019 at the WCIRB’s office in Oakland, California. Read More >
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). Read More >
The WCIRB Classification and Rating Committee will meet on May 30, 2019, at the WCIRB’s office in Oakland, California. Read More >
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.   Read More >
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.   Read More >
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: Read More >
The WCIRB has released its Quarterly Experience Report based on statewide workers’ compensation insurer loss and premium experience through December 31, 2018. Read More >
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). Read More >
The WCIRB Governing Committee will meet on April 3, 2019, at the WCIRB’s office in Oakland, California. Read More >
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. Read More >
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. Read More >
The WCIRB Actuarial Committee will meet on Monday, March 18, 2019, at the WCIRB’s office in Oakland, California. Read More >
The WCIRB Classification and Rating Committee will meet on March 19, 2019 at the WCIRB’s office in Oakland, California. Read More >
The WCIRB Classification and Rating Committee will meet on January 22, 2019 at the WCIRB’s office in Oakland, California. Read More >
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. Read More >