WCIRB Actuarial Committee to Discuss Experience Rating Plan Values for Sept. 1 Filing

The Workers’ Compensation Insurance Rating Bureau’s Actuarial Committee on Tuesday is expected to discuss proposed experience rating plan values for the bureau’s Sept. 1, 2021, regulatory filing. WCIRB staff will provide analyses of the indicated experience rating off-balance factor and those used to create expected loss rates for Sept. 1, 2021, to Aug. 31, 2022, policies, according to an agenda posted online. Members also are scheduled to discuss the COVID-19 pandemic’s impact on paid and incurred development in 2020. WCIRB officials in past meetings have said ...