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WCIRB's Actuarial Committee Meeting Tuesday

Thursday, July 30, 2020 | 245 | 0 | 126 min read

The Workers’ Compensation Insurance Rating Bureau of California Actuarial Committee will meet at 9:30 a.m. Tuesday via webinar. According to the WCIRB, committee members will review: The impact of claim settlement rate changes on allocated loss adjustment expense development. Longer-term loss development methodologies. COVID-19 cost projections for the Jan. 1, 2021, pure premium rate filing. Insurer experience valued as of March 31. Third-quarter 2020 system diagnostics. Loss adjustment expense experience and alternative loss projection methodologies for the Jan. 1, 2021, pure p...

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