WCIRB Schedules Forum on State of System Report

The California Workers’ Compensation Insurance Rating Bureau will hold a webinar at the end of the month to discuss its 2019 State of the System report. Top findings from the report that the WCIRB highlighted in a statement include: Insurance premiums are declining as continued rate decreases more than offset the impacts of continued economic growth. Despite recent rate decreases, California premium rates remain high compared with other states. Overall claim frequency has remained relatively flat, although the frequency of cumulative trauma claims continues to grow particularly in ...