BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

California workers comp written premium declines


Written workers comp premium in California for the first half of 2021 declined 8% from the same period in 2020, according to the latest quarterly experience report from the Workers’ Compensation Insurance Rating Bureau of California.

The WCIRB reported written premium of $7 billion as of June 30. It said it expects modest growth in written premium for the year, compared with 2020.

The WCIRB said industry average charged rates fell 5% in the first half of this year to $1.68 per $100 of payroll and was the lowest in decades.

Ultimate indemnity severities, excluding COVID-19 claims, increased 6% in 2020 to $28,203 from $26,636 in 2019. The WCIRB said the preliminary estimate was primarily based on temporary disability benefits paid on 2020 claims.

The WCIRB reported that ultimate medical severities, also excluding COVID-19 claims, decreased about 1% in 2020 to $28,364, from $28,739 in 2019.

WorkCompCentral is a sister publication of Business Insurance. More stories here.