JL_risklogo.png

Workers Comp Audit Stress Reducer
Use It For Your Next Premium Audit

WCIRB Telecommuter Class Code 8871 Lower Rate Than 8810

Facebook
Twitter
LinkedIn

WCIRB Telecommuter Class Code 8871 10% Lower Than Clerical 8810

Yesterday, I sat in on/attended/viewed a WCIRB (CA WC Rating Bureau) webinar that covered the class code changes for 2022, 2023, and 2024.  As promised in an earlier article, whenever the WCIRB Telecommuter Class Code 8871 was covered, I would write an updated article on the new class code.

The webinar had three great presenters with outstanding graphics, as usual, from the WCIRB.

If you have many restaurant-based clients, or you are a restaurant owner or risk manager, the webinar covered the upcoming massive changes to many of the restaurant class codes effective September 2024.   The slide deck provided at the webinar was intensive and covered all the changes for three years.  (2022 – 2024).

You can register to see the on-demand webinar here.

From the WCIRB

Revisit USRP Changes Effective September 1, 2022:

  • New companion classifications for two Electronics Industry Group classifications
  • Results of the Standard Exception study and its impact on Classification 4512, Biomedical Research Laboratories
  • Tile and cabinet stores study
  • Extension of payroll limited classifications
  • Studies of several low-credibility classifications

Learn About USRP Changes Effective September 1, 2023:

  • Changes to Classification 9061, Clubs, resulting in reassigning yacht club operations as well as overnight retreat facility operations and onsite clerical employees of retreat facilities
  • Construction dual wage threshold changes
  • Notable changes to several other classifications

Preview Changes to the Food and Beverage Industry Effective September 1, 2024:

  • The elimination of Classification 9079(1), Restaurants or Taverns, and its constituents’ reassignments to six new classifications
  • The elimination of Classification 9079(2), Concessionaires, to establish a unique Classification 9081(2), Concessionaires, for consistency

WCIRB Telecommuter Class Code 8871 Initial Advisory Rate

I usually look for any anomalies when covering webinars.  This one, while based on preliminary results, provided a look at what happens to a new class code.  As you may already know, advisory rates are not the actual rates insurance carriers will charge their insureds.

pic of webinar slide covering wcirb telecommuter class code 8871
(c) WCIRB – Oakland, CA

 

Bottom Line

I recommend two things after reading this article –

  1. Sign up for the webinar on demand and download the associated slides and guides
  2. Watch the video especially if you see any slides that pertain to your clients or your employer.

 

The restaurant class codes are changing quite a bit through combinations of codes.  The WCIRB Telecommuter class code 8871 is now in effect.

Facebook
Twitter
LinkedIn

4 Responses

Related...

James J Moore - Workers Comp Expert

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Management Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • WorkCompCentral.com
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers Compensation.com
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications

Subscribe

Get the latest workers' comp news FREE!

Name
This field is for validation purposes and should be left unchanged.