WCIRB: Written Premium Down 5% in Q1

California written premium for the first quarter of 2020 is about 5% below that for the first three months of 2019, the Workers’ Compensation Insurance Rating Bureau reported Tuesday. Written premium through March totaled $4.2 billion, compared to $4.4 billion in 2019. The WCIRB revealed in last year’s first quarter experience report that written premiums through March 2019 were down 12% compared to the same period in 2018. The WCIRB also reported the industry average charged rate in the first quarter of 2020 was 7% below the average charged rate for the same period las...