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WCIRB: Written Premiums, Charged Rates Increase in 2011

By Greg Jones (Senior Editor)

Wednesday, September 21, 2011 | 0

California written premium for the first six months of 2011 is up 10%, and the average statewide insurer rate is 3% more than the first six months of 2010, according to a report released on Tuesday by the Workers' Compensation Insurance Rating Bureau.Written premium for the first half of the year was $5.5 billion, up from about $5.2 billion, according to the report titled, "WCIRB Summary of June 30, 2011 Insurer Experience." The average statewide insurer rate per $100 of payroll for policies written in the first half of the year is $2.37, compared to the average charged rate of $2.31 in 20...

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