WCIRB Releases Terror Loss Cost Summary

The WCIRB has prepared and released a summary of loss cost estimates for eleven states and the District of Columbia that were published by the NCCI based on the terrorism model developed by EQECAT, a nationally recognized catastrophe modeling firm. In addition to including the "lower range" and "upper range" estimates of terrorism loss costs per $100 of payroll, the summary shows several multi-jurisdiction averages and comparisons of the lower and upper range estimates to 2003 California loss costs. WCIRB is contracting with EQECAT to develop estimates of potential terrorism losses for Califo...