WCIRB Releases 2022 State of the System Report

The Workers’ Compensation Insurance Rating Bureau of California has released its 2022 State of the System report highlighting key metrics of the state's workers’ compensation system, including the latest trends on rates, market characteristics and profitability. This annual report is developed to provide workers’ compensation professionals with a comprehensive view of California’s workers’ compensation system based on the latest information. Findings were presented during the WCIRB’s annual conference in July. Key findings from the report include: P...