View the Latest State of the System Report
The annual State of the System report summarizes the cost of workers’ compensation insurance based on premiums paid by insured employers, shows how premium dollars are distributed among various system components and identifies key cost drivers such as frequency and the average cost of claims.
Download the report below as well as view the detailed data underlying the report’s charts:
State of the System Presentations
State of the System: Spotlight on California Trends
Run Time: 51 minutes
- Moderator: Sean Cooper, FCAS, MAAA, Executive Vice President and Chief Actuary, WCIRB
- Laura Carstensen, FCAS, MAAA, Vice President, Actuarial Research, WCIRB
- Tony Milano, FCAS, MAAA, Vice President, Actuary, WCIRB
- Julia Zhang, PhD, Vice President, Data Analytics, WCIRB
State of the System: California’s Piece of the National Puzzle
Run Time: 49 minutes
- Moderator: Andrea Coleman, Executive Vice President and Chief Operating Officer, WCIRB
- Sean Cooper, FCAS, MAAA, Executive Vice President and Chief Actuary, WCIRB
- Donna Glenn, FCAS, MAAA, Chief Actuary, National Council on Compensation Insurance
- Ramona Tanabe, Chief Executive Officer, Workers Compensation Research Institute
Previous Issues of the State of the System Report
Videos
State of the System Part 1: Navigating Current Conditions
Run Time: 49:13
- Sean Cooper, FCAS, MAAA, WCIRB Executive Vice President and Chief Actuary
- Laura Carstensen, FCAS, MAAA, WCIRB Vice President, Actuarial Research
- Tony Milano, FCAS, MAAA, WCIRB Vice President, Actuary
- Julia Zhang, PhD, WCIRB Vice President, Data Analytics
State of the System Part 2: Down the Road
Run Time: 33:59
- Sean Cooper, FCAS, MAAA, WCIRB Executive Vice President and Chief Actuary
- Dave Bellusci, FCAS, MAAA, WCIRB Executive Vice President and Chief Actuary
- WCIRB 2022 Report on the State of the California Workers’ Compensation Insurance System (Rel. August 11, 2022)
(For best viewing, use Adobe Acrobat.) - Report Chart Data - Excel Version
- Topics Videos:
- Frequency Characteristics (Run time: 5:06)
- Medical Claim Severity Characteristics (Run time: 4:43)
- Industry Results (Run time: 6:05)
- COVID-19 Claim Severity (Run time: 3:27)
- Medical Claim Severity (Run time: 2:49)
- Indemnity Claim Severity (Run time: 2:55)
- Claims Duration (Run time: 4:48)
- COVID-19 Claim Frequency (Run time: 2:39)
- Overall Claims Frequency (Run time: 5:21)
- Rates (Run time: 4:21)
- Economic Impact on Wages (Run time: 2:24)
- Premiums (Run time: 6:33)
- Economic Impact of Pandemic (Run time: 2:38)
- Frictional Costs (Run time: 4:53)
- WCIRB 2021 Report on the State of the California Workers’ Compensation Insurance System (Rel. July 21, 2021)
(For best viewing, use Adobe Acrobat.) - Report Chart Data - Excel Version
- Topics Videos:
- Economic Impacts of the COVID-19 Pandemic (Run time: 14:22)
- COVID-19 Claims Impact (Run time: 8:32)
- Premiums and Rates (Run time: 15:12)
- Claim Frequency (Run time: 6:49)
- Claim Severity (Run time: 6:51)
- Frictional Costs (Run time: 5:58)
- Industry Results (Run time: 8:59)
- WCIRB 2020 Report on the State of the California Workers’ Compensation Insurance System (Rel. July 14, 2020)
(For best viewing, use Adobe Acrobat.) - Report Chart Data - Excel Version
- Full Webinar and Topics Videos:
- WCIRB Research Forum about the Report (Run time: 1:05:43)
- COVID-19 and the CA Workers' Comp Insurance Market (Run time: 18:10)
- Premiums and Rates in CA Workers' Comp (Run time: 13:37)
- Claim Frequency and Severity in CA Workers' Comp (Run time: 14:14)
- CA Workers' Comp Cost Drivers (Run time: 13:41)