Actuarial Committee Meets Tuesday

The Workers’ Compensation Insurance Rating Bureau of California Actuarial Committee will discuss experience rating plan values during a meeting Tuesday. “An analysis of the indicated experience rating off-balance factor and the factors used to generate proposed expected loss rates for policies incepting between Sept. 1 to Aug. 31, 2023, will be presented at the meeting,” according to the agenda. Committee members will also continue a discussion about efforts to analyze payroll as the basis of workers’ compensation premiums and review payroll limitation methodology. T...