WCIRB Updates Loss-Sensitive Advisory Plan Table

The Workers' Compensation Insurance Rating Bureau of California revised one of the loss-sensitive advisory plan tables for policies taking effect on or after Sept. 1. The WCIRB posted an updated "Table of Ultimate Incurred Loss and ALAE Elimination Ratios by California Hazard Group" in the supplemental information accompanying the updated loss-sensitive advisory plan tables released in July. Anybody who downloaded or referenced the table between July 24 and Aug. 10 is encouraged to download the updated table. The updated Table 3 for the retrospective rating plan is here. The ...