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California Economic Impact on Workers Comp – WCIRB Webinar


WCIRB California Economic Impact on Workers Comp – Where Less Is More

I attended/viewed the WCIRB California Economic Impact on Workers Comp presentation yesterday.  I miss their in-person presentations.

The WCIRB took only twenty minutes to cover the subject.  Thanks to the moderator and presenters as brevity is best – no death by PowerPoint was experienced.  How many of us have sat through an hour or more of graphs that could have been presented in 30 minutes or have experienced a rushed presentation with 50 slides?  Dr. Bob Hartwig is the exception.


WCIRB California Economic Impact Workers Comp Unemployment chart
(c) WCIRB- Oakland, CA

The prior unemployment levels indicated that the unemployment rate was higher in 2010 than during the pandemic.  I included the slides as a PDF file below.  It is worth the time to download and review.  If the video presentation becomes available, I will link to it when this article is updated.   wcirb2023impactofeconomicchangescawc1701736885727

Why Cover The California Impact on Workers Comp as a Standalone?

The WCIRB is the second largest rating bureau behind NCCI.  I had said that what happens in California will be coming to your state.  In this case, that is not necessarily true.  Think of this article as a second opinion.  The largest rating bureau NCCI covers most states (40+).  The WCIRB covers the largest single-state economy.   If CA was its own country, it would rank as the fifth-largest economy in the world.

The California economic impact on Workers Comp seemed to be more influential in 2010 than presently.

Update – the webinar link can be found here. 




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


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