Are you aware that in California workers compensation claims increased over a period of five years? California’s Workers’ Compensation Insurance Rating Bureau (WCIRB) released their report January 7th , 2016 comparing its comp claim frequency data with claim frequency in 35 states and the District of Columbia. WCIRB reported California’s claim frequency increased 3% from 2010 to 2014 despite an 11% fall in claim frequency in most other states during that time. WCIRB also found that 50% of California injured workers had less than two years of job experience in 2015, compared with 41% in 2010. Newer more inexperienced workers are generally more likely to be injured on the job and file a workers’ compensation claim. (Source Analysis of Changes in Indemnity Claim Frequency report dtd, January 7, 2016) Is your frequency increasing? If so, how is it affecting or how will it affect your Experience Modification Rating? WCIRB also reported that workers have shifted toward more hazardous industries, such as construction and manufacturing, as opportunities have increased and more companies are hiring.
Whether you are new to managing claims or are experienced, come gain new ideas for your workers’ compensation program management. This year at Conference will feature a Workers Compensation panel on day two. Learn from these panel experts on how to analyze your workers’ comp claim portfolio, strategies to reduce claims severity, tips on how to deal with your third-party administrators and an opportunities for you to ask those burning workers compensations question.