WCIRB Free Rating Sheets
Free Experience Rating Sheets are now offered by WCIRB to employers. As NCCI has done for years, California’s WCIRB (Workers Compensation Insurance Rating Bureau) has allowed employers access to their rating bureau file once per year for free. I was going to re-write their press release, but I thought it would just be easier to provide a copy. Kudos to the WCIRB as this information is very critical for an employer to analyze their X-Mod (Experience Modification Factor) also known as an E-Mod.
NCCI has always provided rating sheets for free to employers that write a letter of request. If any employer would like to know what their E-Mod/X-Mod sheets mean or need assistance in obtaining their Experience Rating Sheet, please email [email protected] This info can make or break an employer’s insurance budget.
EXPERIENCE RATING WORKSHEETS AVAILABLE TO POLICYHOLDERS AT NO CHARGE
San Francisco, CA December 17, 2010 – Beginning January 1, 2011, each experience rated policyholder in California is entitled to receive a copy of its most recent experience rating worksheet once per year at no cost. This change comes in response to the Insurance Commissioner’s adoption of new rules proposed by the WCIRB in its January 1, 2011 Pure Premium Rate Filing.
Policyholders may request a copy of their most current experience rating worksheet by completing a Policyholder Experience Rating Worksheet Request Form. This online form is available on the WCIRB website by clicking “Helpful Information” and then clicking “Obtaining Information from Us” from the home page. The form may also be accessed directly by visiting https://wcirbonline.org/ratesheet.
To complete the request form, a policyholder must enter the name of his/her business, the business address and a policy number shown on its workers’ compensation policy. If the policy number is not known, the policyholder should contact its insurer or insurance professional. The WCIRB cannot provide policy numbers. Requests for experience rating worksheets will be processed as soon as possible, but given the volume of inquiries, it may take up to 30 days to process a request.
Only the policyholder may obtain an experience rating worksheet using this form. Other parties who wish to obtain policyholder-specific information should review the “Obtaining Information From Us” web page for information about the necessary forms and appropriate fees.
On or around January 19, 2011, the WCIRB will mail a postcard to all experience rated employers notifying them of this new service and directing them to the WCIRB website for additional information.
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