The New – and Improved! – California Experience Rating Form

In addition to recent formula changes for 2012 in the California experience rating plan, the WCIRB has also adopted a significantly new format for its experience rating worksheet. You’ll think I’m a geek (if you didn’t already) for admitting this, but I’m loving the new format. While of course I’m partial to the myriad ways [...]

Loss-free Rating: New Footnote on California Worksheet Important Concept for All States

Those of you who verify or analyze workers compensation experience mods in California may have already noticed a new little note on the WCIRB experience rating worksheet. For mods effective 1/1/2011 and later, this new note, just below the experience modifier box in the lower right hand corner of the form, says: LOSS-FREE RATING followed [...]

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