WCIRB Governing Committee to Review 2011 Experience Report

The Workers’ Compensation Insurance Rating Bureau’s Governing Committee will meet April 4 in San Francisco to review the year-end 2011 statewide premium and loss experience for California carriers.The Governing Committee will also elect a chairman and receive an update on the Rating Bureau’s medical data-collection initiative and the dual classification by wage level study.The ratemaking bureau last year decided to review the dual wage classification system that was designed to give a break on premiums to contractors that pay high wages because of concerns that cheaters are d...