Today, the WCIRB released its 2018 State of the California Workers’ Compensation Insurance System (Report). The Report highlights the cost of California workers’ compensation insurance based on premiums paid by insured employers, illustrates how premium dollars are distributed among various system components, details key cost drivers in the system and provides a summary of statewide insurer results. The Report also includes comparisons of components of the California system to the systems in other states as well as comparisons within California regionally.
The full Report is available in the Research section of the WCIRB website and at the link below:
The WCIRB’s David Bellusci, EVP and Chief Actuary, and Tony Milano, VP and Actuary, conducted a live webinar to discuss these findings and answer questions.