What is the Workers Compensation Insurance Rating Bureau (WCIRB) of California?
A. The Workers Compensation Insurance Rating Bureau of California sometimes referred to as the Bureau. This rating organization is organized pursuant to Article 3 of the California Insurance Code, for the following purposes: 1) To provide reliable statistics and rating information for workers compensation insurance and employer liability insurance. 2) To collect and tabulate information and statistics for the purpose of developing premium rates to be submitted to the commissioner for issuance or approval. 3) To formulate rules and regulations in connection with pure 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 information concerning the rates applicable to the employers insurance. 5) To examine policies, daily reports, and endorsements or other evidences of insurance for the purpose of determining compliance with provisions of law and to make reasonable rules go
