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Long COVID Claims Still Impact California’s Workers Comp System, Report Shows

Insurance Journal

The impact and surge of long-term COVID on the California workerscompensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on long COVID claims. That’s from a report by …

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Claim Frequency in California Workers’ Comp Higher in L.A. Area, Study Shows

Insurance Journal

Claim frequency in California workerscompensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows. The WorkersCompensation Insurance Rating Bureau of California released its WCIRB Geo Study 2024, …

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WCIRB: California Workers’ Comp Written Premium in 2023 Was up Slightly

Insurance Journal

California workerscompensation written premium in 2023 was slightly above 2022, while written premium for the first six months of 2024 is 2% lower than the first six months of 2023, a new report shows. The WorkersCompensation Insurance Rating …

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California Workers’ Comp Report Shows ‘Relatively Stable’ System Post-Pandemic

Insurance Journal

The California workerscompensation system has been relatively stable in the post-pandemic era, as premium levels rose by 1% in 2023 and are forecast to increase modestly in 2024—while decreases in average insurer charged rates are moderating, a new report …

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Workers Comp Premium, Loss, Market Trends Support Its Ongoing Success

Triple-I: Workers Compensation

By William Nibbelin, Senior Research Actuary, Triple-I The workers compensation insurance industry experienced its second-best underwriting result in the past 20 years in 2023, with a net combined ratio of 87, according to Triple-Is latest Issues Brief. A combined ratio under 100 indicates a profit. percent from 2014 to 2023.

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Understanding the Two Primary Benefits of Workers’ Compensation for Employers

AMAXX

By participating in the workers compensation system, employers can avoid these challenges, maintain focus on their business goals, and foster a stable work environment. Click Link to Access Free PDF Download “Step-By-Step Process To Master Workers Comp In 90 Days” 2.

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Drive Sales Growth and Increase Client Satisfaction With Workers’ Comp

Word & Brown

All businesses with workers in California and Nevada are required to have Workers Compensation Insurance. But do you know that Word & Browns partnership with CompNet Insurance Solutions makes it easy for you to offer Workers Comp coverage? What Is Workers Comp? Why Say Yes?