The WCIRB has completed its report summarizing insurer loss and premium experience through June 30, 2011. The Summary is based on data reported to the WCIRB by insurers who wrote about 100% of the statewide market.
Highlights from the report include:
- Written premium for California for the first six months of 2011 came in at $5.5 billion, roughly 10% above the first six months of 2010.
- The average ratewide insurer rate per $100 of payroll in the first half of 2011 was $2.37, which is 3% above 2010’s average rate, but almost 62% lower than the second half of 2003.
The full report is available here (PDF).