The Workers' Compensation Insurance Rating Bureau of California's Actuarial Committee will discuss the Sept. 1 pure premium rate filing during a meeting Thursday.
Committee members will review loss adjustment expense experience and alternative loss projection methods for the upcoming advisory pure premium rate recommendation.
Members of the committee will also discuss medical severity trends and diagnostics used to analyze claim patterns and trends during the first quarter of 2025. They will discuss a study of recent increases in allocated loss adjustment expense costs and review ins...
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