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Registration Info Posted for WCIRB's State of System Webinar

Monday, July 13, 2020 | 0

The Workers’ Compensation Insurance Rating Bureau of California recently posted registration information to its website for a free webinar exploring its seventh annual state of the system report. The webinar will be from 11 a.m.-noon. Tuesday. The registration link is here. Findings from the report include: Premiums are expected to plummet in 2020. Average insurer charged rates are at a 50-year low. Claim frequency is flat. Average claim cost trends are modest. Frictional costs are “very high.” Industry combined ratios are increasing. Although most of the data to ...

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