The Workers’ Compensation Insurance Rating Bureau of California (WCIRB), in collaboration with nine other workers’ compensation rating bureaus, has jointly released COVID-19 and Workers’ Compensation – Phase II of the Multibureau Collaboration.
This updated study includes two years of claims data – Accident Years (AY) 2020 and 2021 through year-end 2021 – from the following workers’ compensation bureaus: California, Delaware, Indiana, Michigan, Minnesota, New Jersey, North Carolina, Pennsylvania, Wisconsin and National Council on Compensation Insurance (NCCI). One result of this effort is the creation of a COVID-19 claims database, which includes a comprehensive view of COVID-19 claim characteristics and trends. The analysis does not include experience from self-insured employers or denial and expense-only claims.
Key findings in the report include:
This updated report confirms significant findings from our 2020 report and includes additional insights on industry sector and accident-quarter metrics. Claim and loss activity varied across jurisdictions, impacting individual states and sectors differently and at varying times. Uncertainties remain about the long-term impact of COVID-19.
The full report is available in the Research section of the WCIRB website or by clicking the following link:
Several independent bureaus and NCCI will host an insightful webinar on information derived from this collaborative study. Click on the registration link below to sign up.
Industry Webinar: COVID-19 and Workers’ Compensation – Phase II of the Multibureau Collaboration
Wednesday, January 18, 2023, 11:00 AM PT