Sept. 1 Rate Filing Won't Include COVID-19 Provision, WCIRB Officials Predict

Staff from the California Workers’ Compensation Insurance Rating Bureau and members of its Actuarial Committee agreed Tuesday that the bureau likely won’t include a COVID-19 provision in its Sept. 1 rate filing because initial forecasts predict the virus will have less of an impact on the state’s comp system in 2022 and beyond. Despite some uncertainty moving forward, hopeful predictions regarding COVID-19 immunization progress and herd immunity have some experts feeling more optimistic this time around, said Dave Bellusci, WCIRB executive vice president and chief actuary. ...