The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has released its Quarterly Experience Report, an update on California statewide insurer experience valued as of March 31, 2020.

Highlights of the report include:

• California written premium for the first quarter of 2020 is 5 percent below that for the first quarter of 2019.
• The average charged rate for the first quarter of 2020 is 7 percent below that for 2019 and 39 percent below the peak in 2014.
• The WCIRB projects the accident year combined ratio for 2019 to be 8 points above that for accident year 2018, primarily driven by lower premium rates.

The full report is available in the Research section of the WCIRB website and at the following link:

• WCIRB Quarterly Experience Report – As of March 31, 2020