November 15, 2017

CA WCIRB Submits January 1, 2018 Regulatory Filing

Oakland, CA – The WCIRB recently announced that it has submitted to the California Department of Insurance (CDI) a January 1, 2018 Regulatory Filing that proposes changes to the Insurance Commissioner’s regulations contained in the California Workers’ Compensation Uniform Statistical Reporting Plan–1995 (Uniform Statistical Reporting Plan), the California Workers’ Compensation Experience Rating Plan–1995 (Experience Rating Plan), and the Miscellaneous Regulations for the Recording and Reporting of Data–1995 (Miscellaneous Regulations).

The Filing contains the following proposals:

  • Amendments to the Uniform Statistical Reporting Plan, including amendments to the Standard Classification System. These amendments are proposed to become effective January 1, 2018 and applied to a policy with an effective date on or after January 1, 2018.
  • Amendments to the Miscellaneous Regulations to become effective January 1, 2018 and applied to a policy with an effective date on or after January 1, 2018.
  • Amendments to the Experience Rating Plan to become effective January 1, 2018 and applied as of the proposed rating effective date of a risk on or after January 1, 2018.
  • Amendments to the Uniform Statistical Reporting Plan that are proposed to become effective January 1, 2019 and applied to a policy with an effective date on or after January 1, 2019.
  • Amendments to the Experience Rating Plan to become effective January 1, 2019 and applied as of the proposed rating effective date of a risk on or after January 1, 2019.

This Filing does not contain proposed changes to the advisory pure premium rates. The WCIRB will submit the January 1, 2018 Pure Premium Rate Filing in August 2017.

View the complete Regulatory Filing here: CA WCIRB January 1, 2018 Regulatory Filing (PDF)

All related Filing documents are available in the Publications and Filings section of the WCIRB website. The WCIRB website will be updated to provide a copy of the Notice of Proposed Action and Notice of Public Hearing once it is received from the CDI.

Source: CA WCIRB

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