The Workers’ Compensation Insurance Rating Bureau of California on Thursday reviewed its experience report for the fourth quarter of 2019. And while the online webinar focused on data from the last three months of the previous year, the presentation pressed on under a cloud of uncertainty thanks to the economic fallout from the COVID-19 pandemic.
“This is a unique period. This is our last look at pre-COVID data,” said WCIRB Vice President and actuary Tony Milano.
Written premium fell from $17 million to $15.9 million between 2018 to 2019, a 6% drop. The 2019 figure represen...
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