 
Health Insurance California >> Worker's Compensation >> Workers Compensation Insurance Rating Bureau (WCIRB) of California Workers Compensation Insurance Rating Bureau (WCIRB) of California The Workers Compensation Insurance Rating Bureau of California sometimes called as the Bureau of California is organized pursuant to Article 3 of the California Insurance Code, for the following purposes: 1. To provide reliable statistics and also rating information for workers compensation insurance policy and employer liability insurance. 2. To collect and tabularize the information and statistics for the purpose of developing premium rates to be submitted to the commissioner for issuance or the approval. 3. To formulate rules and regulations in connection with pure insurance premium rates and the administration of classifications and rating systems. 4. To inspect risks for classification or rate purposes and to furnish to the insurer/employer with information about the rates applicable to the workers compensation insurance. 5. To examine policies, daily reports, and the endorsements or other evidences of insurance for the purpose of determining compliance with provisions of California State lawand to make reasonable rules governing the submission. 6. To start test audits of insured employers payrolls and insurer's audits of such payrolls. 7. To exchange information and skill the data with rating organizations, advisory organizations, and insurers. 8. To become a member or subscriber of any legally authorized ratemaking
or advisory organizations anytime the membership in such organization
is necessary or helpful.
For more informations on our services contact insurance brokers John Good | Kelly Good |
|
