Oakland, CA – The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) recently submitted a September 1, 2023 Regulatory Filing to the California Insurance Commissioner. The filing contains the following proposals:
- Amendments to the California Workers’ Compensation Uniform Statistical Reporting Plan—1995 (USRP), including amendments to the Standard Classification System. These amendments are proposed to become effective September 1, 2023 and applied to a policy with an effective date on or after September 1, 2023.
- Amendment to the Miscellaneous Regulations for the Recording and Reporting of Data—1995 to become effective September 1, 2023 and applied to a policy with an effective date on or after September 1, 2023.
- Amendments to the California Workers’ Compensation Experience Rating Plan—1995 to become effective September 1, 2023 and applied as of the first rating effective date of a risk on or after September 1, 2023.
- Amendments to the USRP to become effective September 1, 2024 and applied to a policy with an effective date on or after September 1, 2024.
View the filing here: WCIRB September 1, 2023 Regulatory Filing
All related filing documents are also available in the Filings and Plans 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 California Department of Insurance. Upon receipt of the Commissioner’s Decision, the WCIRB will post the Decision on its website.
The WCIRB will submit a separate filing in April 2023 that will include proposed changes to the advisory pure premium rates to be effective September 1, 2023.