WCIRB Informational Submission Under Review

                               Oakland, CA (CompNewsNetwork) - At its April 6, 2011 meeting, the WCIRB Governing Committee directed the WCIRB to submit to the California Department of Insurance (CDI) an informational analysis of insurer experience as of December 31, 2010 in lieu of a pure premium rate filing. Recently, the CDI indicated that the submission of the informational analysis may constitute a pure premium rate filing. Since the Governing Committee did not authorize a pure premium rate filing, the matter is being referred to the Governing Committee for reconsideration at a special meeting scheduled for 9:30 am on May 19, 2011.

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