Actuarial Committee Meets Thursday

The Workers’ Compensation Insurance Rating Bureau of California’s Actuarial Committee will meet virtually at 9 a.m. on Thursday. Committee members will discuss a review of paid and incurred loss development methods and retrospective rating plan updates. Members will also discuss a telehealth study and an updated study of characteristics associated with COVID-19 claims. The committee is also meeting today to discuss the experience of large-deductible policies, the pandemic’s impact on classification relativities, and insurer experience valued as of Sept. 30. The full agenda...