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WCIRB Schedules Meeting to Review Informational Filing

By Greg Jones (Senior Editor)

Wednesday, May 11, 2011 | 0

The Workers' Compensation Insurance Rating Bureau (WCIRB) Governing Committee scheduled a special meeting in May to discuss plans to file with the California Department of Insurance an information analysis rather than a mid-year pure premium rate filing.WCIRB said the Insurance Department indicated that it might treat an informational analysis the same as a pure premium rate filing, and the meeting is necessary because the Governing Committee did not approve a mid-year rate filing.Rating bureau actuaries say current indications suggest pure premium rates should be increased by 39.8%, compa...

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