WCIRB Reinstates Processing of HIH Data

The Workers' Compensation Insurance Rating Bureau (WCIRB) says that it will reinstate the processing of HIH America unit statistical data to generate experience ratings.In the summer of 2001, with the liquidation of HIH America Group (HIH America Compensation & Liability Insurance Company and Great States Insurance Company) and the resultant transfer of claims handling responsibilities to the California Insurance Guarantee Association (CIGA), the Conservation and Liquidation Office (CLO) suspended the submission of unit statistical reports on behalf of HIH in order to resolve certain technical...