April 20, 2018

WorkCompRecap: Going Bigger!

Today’s issue of WorkCompRecap kicks off our visit deep in the heart of Texas for for the annual RIMS Conference! We’re looking forward to some great meetings, events, and sessions on hot topics like Artificial Intelligence and workplace wearables; and maybe even taking a puppy break with the therapy dogs in the Wellness ZENter!

In the news today is the California WCIRB’s release of its report on statewide workers’ comp insurer loss and premium experience through the end of 2017. This edition includes several enhancements, like an interactive design with new insights and several new charts tracking current cost drivers in the system. Key findings from the report included that California written premium for 2017 is 2% below that for 2016, showing the first decrease in seven years, and that the average number of liens filed in 2017 was 40% below the average prior to the rollout of SB 1160 and AB 1244 reforms impacting lien filings.

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