WCIRB Releases Report on Losses and Expenses for Calendar Year 2022

6/27/2023

The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) released its report today on workers' compensation losses and expenses for 2022.

To view the report, visit the Research section of wcirb.com or click the link below.

Key findings in the report include:

  • Medical losses paid in 2022 were $4.4 billion, or 53 percent of total loss payments.
  • Indemnity benefits paid in 2022 were $4.0 billion, or 47 percent of total loss payments. The following benefits accounted for the vast majority of those indemnity payments:
    • Temporary disability: 56 percent
    • Permanent partial disability: 34 percent
    • Vocational rehabilitation: 1.8 percent
  • Total insurer combined losses and expenses incurred in 2022 were $15 billion, or 98 percent of calendar year premium, compared to $13.1 billion, or 96 percent of calendar year premium, in 2021.

This report is prepared annually pursuant to Section 11759.1 of the California Insurance Code.

Related Information

Losses and Expenses Summary Reports