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CWCI: Claim Volume, Paid and Incurred Losses Down for Public Self-Insureds

Monday, December 18, 2023 | 0

The California Workers’ Compensation Institute said initial data for the fiscal year ending in June shows decreases in total claim volume, incurred losses and paid losses. A sharp drop in indemnity claims drove the 16.8% decrease in total claim volume, CWCI said in its assessment of data released by the state Office of Self-Insurance Plans. Public self-insured employers reported 120,328 claims in the most recent fiscal year compared to 144,676 in the previous fiscal year. The higher claim count for the fiscal year ending in June 2022 might have been influenced by an influx of COVI...

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