Category Archives: WCIRB

WCIRB CALIFORNIA ISSUES WORKERS’ COMPENSATION ‘LOSSES AND EXPENSES’ REPORT FOR 2020

On June 25, 2021, the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) released its official report on workers’ compensation “losses and expenses” for the year 2020. In total, workers’ compensation insurers paid out more than $12 billion to process and resolve claims in California last year—a nearly 10% decrease when compared to 2019. In […]

CALIFORNIA WORKERS’ COMPENSATION COMMITTEE VOTES FOR A 2.7% INCREASE TO PREMIUMS

According to a report from the Insurance Journal, the committee governing the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has voted to move forward with a 2.7% increase to the “pure premium” of workers’ compensation rates. The governing committee of the WCIRB cited both the COVID-19 pandemic and other structural changes as significant factors […]