Written premium in 2021 didn’t recover from the shockwaves of the COVID-19 pandemic as expected, but officials with the Workers’ Compensation Insurance Rating Bureau of California said they’re optimistic of a return to pre-pandemic levels this year.
WCIRB Executive Vice President and Chief Actuary Dave Bellusci said during his 2022 State of the System report at the bureau’s annual conference Tuesday that the organization is projecting that written premium will increase about 13% to $15.6 billion in 2022.
Bellusci showed a chart of reported written premiu...
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