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Prior Classification Error Doesn’t Prevent Correction, Audit Premium

A property management company owes nearly $40,000 more in workers’ comp premium after managers were improperly assigned to the wrong classification for several years. The carrier discovered the error and endorsed the correct classification when the policy was renewed. Then, when the renewed policy was audited, it reclassified the managers’ payroll and sought additional premium. … Read More »

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Workers’ Comp Regulatory Filing Approved

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. … Read More »

Workers’ Comp Results – Profitability Continues

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 on to reserve redundancies. The news came from National Council on Compensation Insurance’s chief actuary Donna Glenn, and it was part of the rating association’s … Read More »

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Formal Appeal Prompts Reclassification

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 … Read More »

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WCIRB Regulatory Filing Under Review

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 … Read More »

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Hearing In DoorDash Classification Dispute

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 … Read More »

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September 1, 2023, Rate Filing Deliberation

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 … Read More »

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Med-Legal Costs Up 50% Since Fee Schedule Change

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 … Read More »

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