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Actuarial Committee to Meet August 1

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:

  • Updated legislative cost monitoring information
  • Insurer experience valued as of March 31, 2019 and the loss projection methodologies to be included in the January 1, 2020 Pure Premium Rate Filing
  • Third quarter 2019 system diagnostics
  • Loss adjustment expense data and projection methodologies to be included in the January 1, 2020 Pure Premium Rate Filing
  • The impact of claim settlement rate changes on allocated loss adjustment expense (ALAE) development
  • A study of alternative loss development tail methodologies

The full agenda, including the location and time of the meeting, is available on the Committee Documents page in the Filings and Plans section of the WCIRB’s website and at the following link:

July 25, 2019