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. In the Decision, the Commissioner approved all of the WCIRB’s proposed changes to the California Workers’ Compensation Uniform Statistical Reporting Plan—1995 (USRP), California Workers’ Compensation Experience Rating Plan—1995 (ERP) and Miscellaneous Regulations for the Recording and Reporting of Data—1995 (Miscellaneous Regulations). These changes are effective January 1, 2020.
The WCIRB will begin calculating January 2020 experience modifications within the next several days. Insurers, agents and brokers may access 2020 experience rating information via WCIRB Connect®.
The WCIRB is in the process of updating the USRP, ERP and Miscellaneous Regulations. Once complete, these documents will be posted to the Filings and Plans page of the WCIRB website. In the interim, the WCIRB has prepared the 2020 Changes Quick Reference guide, summarizing the approved changes to the Commissioner’s regulations.
The Decision pertains only to the WCIRB’s Regulatory Filing and does not include amendments to advisory pure premium rates. Changes to advisory pure premium rates were proposed in the WCIRB’s January 1, 2020 Pure Premium Rate Filing, which was submitted to the CDI on August 20, 2019.