The California Department of Insurance fully adopted the Workers’ Compensation Insurance Rating Bureau’s September 1, 2023, regulatory filing. A separate decision on the advisory pure premium rates is still pending. …
Workers’ compensation remains the most profitable part of the national property and casualty industry. For the sixth straight year, its combined ratio was under 90. And carriers overall are holding …
The administrative law judges at the California Department of Insurance’s Administrative Hearing Bureau resolve disputes between employers and workers’ comp carriers and/or the Workers’ Compensation Insurance Rating Bureau. Cases don’t always have to go to trial to get a positive result for an employer. Sometimes filing a formal appeal is enough to resolve the dispute …
The California Department of Insurance held a public hearing.and closed the record on the Workers’ Compensation Insurance Rating Bureau’s proposed regulatory changes for September 1, 2023. The proposal includes creating a separate rate for the telecommuting classification (8871) and updating the experience rating threshold. If approved, the filing would also start splitting the existing restaurant …
The California Department of Insurance’s Administrative Hearing Bureau held an oft-delayed evidentiary hearing into DoorDash’s appeal of the Workers’ Compensation Insurance Rating Bureau’s classification assignment of the operations at its headquarters. In dispute is the seven-fold difference in the rate for the classification the WCIRB assigned to DoorDash’s operations versus what the company claims its …
The changing of the actuarial guard is underway at the Workers’ Compensation Insurance Rating Bureau. WCIRB’s long-time chief actuary Dave Bellusci (see photo) led the Actuarial Committee discussions for the Bureau’s September 1, 2023, rate filing at meetings earlier this year. But it was deputy chief actuary Sean Cooper who pressed staff’s recommendation for a …
The Division of Workers’ Compensation billed its update to California’s med-legal fee schedule (MLFS) as a 25% boost to payments for qualified medical evaluators (QMEs). But when reality set in, med-legal costs spiked by 39% in the first year and continued to climb into the second year. The overall result is a 50% increase in …
A year after asking unsuccessfully for a 6.9% rate increase, the Workers’ Compensation Insurance Rating Bureau will head back to the Department this year with a request for a 0.3% …