WCIRB: Claim Frequency still Growing, but More Slowly

Preliminary data for 2014 shows that claim frequency in California increased more slowly this year than in 2013, but cumulative injuries, growth in the construction industry and high frequency in the Los Angeles region continue to contribute to a growing number of workers’ compensation claims. Claim frequency in the first nine months of 2014 grew at an annual rate of 0.9%, compared with an increase of 3.9% last year, according to data presented during a WCIRB Actuarial Committee meeting in San Francisco last Wednesday. Any growth at all stands in stark contrast to what the National...