CWCI: Losses Up, Claims Down for Private Self-Insureds

Private self-insured employers had fewer workers’ compensation claims in 2023, but the amounts paid and incurred on those claims increased, according to the California Workers’ Compensation Institute. “Private self-insured claim volume in the California workers' compensation system fell 9.5% in 2023, producing the biggest year-to-year decline in private self-insured claim frequency in more than 15 years, but double-digit increases in the average amounts paid and incurred on these claims drove total paid and incurred losses for private self-insured employers sharply highe...