WCIRB Bulletin
Bulletin No. 2012-03 April 3, 2012
525 Market Street, Suite 800 • San Francisco, CA 94105-2767 • 415.777.0777 • Fax 415.778.7007 • www.wcirbonline.org • [email protected]
WCIRB
California
®© 2012 Workers’ Compensation Insurance Rating Bureau of California. All Rights Reserved. See https://wcirbonline.org/wcirb/copyright.htm for more information.
Minutes of the Ninety-Sixth Annual Meeting of the
Workers’ Compensation Insurance Rating Bureau of California Held Thursday, March 22, 2012
In accordance with Article XI, Paragraphs (1) and (2) of the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Constitution, all members had been duly notified of the WCIRB’s Ninety-Sixth Annual Meeting, which was held on March 22, 2012 in the offices of the WCIRB, located at 525 Market Street, in San Francisco, California.
Ninety-Sixth Annual Meeting of the
Workers’ Compensation Insurance
Rating Bureau of California
Meeting Minutes
Date Time Location Staff Contact
March 22, 2012 9:00 AM WCIRB Timothy A. Benjamin
San Francisco, CA Senior Vice President 525 Market Street, Suite 800 • San Francisco, CA 94105-2767 • 415.777.0777 • Fax 415.778.7007 • www.wcirbonline.org • [email protected]
Released: April 3, 2012
Antitrust Notice
As members of the Workers’ Compensation Insurance Rating Bureau of California, you are bound, when involved in meetings or other activities of the WCIRB California, to limit your actions (and discussions other than social ones) to matters relating to the business of the WCIRB California. Matters that do not relate directly to WCIRB California business should be avoided. Members should particularly avoid discussions or conduct that could be construed as intended to affect competition (or access to markets). Thus, as members, you should not discuss or pursue the business interests of individual insurers or others, including, in particular, the plans of individual members involving, or the possibility or desirability of (a) raising, lowering or stabilizing prices (premiums or commissions), (b) doing business or refusing to do business with particular, or classes of, insurers, reinsurers, agents, brokers or insureds, or in particular locales, or (c) potential actions that would affect the availability of products or service either generally or in specific markets or locales.
In accordance with Article XI, Paragraphs (1) and (2) of the Worker’s Compensation Insurance Rating Bureau of California (WCIRB) Constitution, all members had been duly notified of the WCIRB’s Ninety-Sixth Annual Meeting, which was held on March 22, 2012 in the office of the WCIRB, located at 525 Market Street in San Francisco, California.
Upon being advised that a quorum of Regular Members was present, the meeting was called to order at 9:00 AM, with Mr. William J. Mudge, President, presiding.
In his opening remarks, Mr. Mudge noted that the WCIRB is nearing its 100th anniversary and provided the members with a summary of recent achievements and current activities that will leverage technology, transparency and teamwork to modernize its operations and ensure that it is ready and relevant in the next era. Specific mention was made of the recently launched coverage website, the medical
transactional data collection system to be launched this coming summer, and the ongoing project to replace the mainframe computer systems and transform its internal operations to become more efficient and enable development and delivery of new products and services. Also noted was the WCIRB’s efforts toward more transparency by making more information available to the public and though the use of Internet social media as an additional vehicle for pushing communications. Finally, Mr. Mudge advised the members of new efforts toward renewing and strengthening partner relationships with key state government agencies.
Consideration of the Annual Report
The 2011 Annual Report was made available to all members on the WCIRB website at
www.wcirbonline.org. Hard copies of the Annual Report were distributed at the meeting. Following the presentation, the president called for a motion to accept the Report. A motion was so made and duly seconded. As there were no questions or discussion, the motion was passed unanimously by those present and voting.
Ninety-Sixth Annual Meeting of the
Workers’ Compensation Insurance Rating Bureau of California
Meeting Minutes for March 22, 2012 Released: April 3, 2012
2
W C I R B C a l i f o r n i a®
Amendments to WCIRB Constitution
The members were advised that the California Department of Insurance (CDI) Examination Report dated August 10, 2011 made several recommendations regarding WCIRB committee meeting participation. Specifically, the CDI recommended that the WCIRB provide the members of the Governing Committee access to all WCIRB committee, subcommittee, special committee and task force meetings, and that the WCIRB permit members of the Actuarial Committee to attend meetings of the Claims Subcommittee and members of the Classification and Rating Committee to attend meetings of the Manual Subcommittee. The members were advised that the Governing Committee is in unanimous agreement with the CDI’s recommendations, and that in order to facilitate these changes, proposes that Article X be amended to delete Section 8. Following the presentation, a motion was made, and duly seconded to adopt the amendment as presented. There being no questions or discussion, the motion was passed unanimously by those present and voting.
Election of Members to the Governing Committee
The Membership had been advised in advance of the meeting that the terms of ACE Property and Casualty Insurance Company, Employers Compensation Insurance Company and Travelers Indemnity Company had expired, and that their successors needed to be elected for terms running from the present annual meeting to the date of the annual meeting in 2015. The president called for nominations.
The spokesperson for the Nominating Committee reported that, as a result of its meeting held on February 24, 2012, ACE Property and Casualty Insurance Company, National Union Fire Insurance Company of Pittsburgh, PA and Zenith Insurance Company had been nominated for terms running from the present annual meeting to the date of the annual meeting in 2015. As there were no further
nominations, a motion was made, duly seconded and unanimously passed by those present and voting to close the nominations. A motion then was made, duly seconded and unanimously passed by those present and voting instructing the secretary to cast a unanimous ballot for the foregoing nominees. The following WCIRB members will serve on the Governing Committee for 2012:
ACE Property and Casualty Insurance Company
National Union Fire Insurance Company of Pittsburgh, PA Pacific Compensation Insurance Company
Hartford Accident and Indemnity Company Oak River Insurance Company
State Compensation Insurance Fund Zenith Insurance Company
Zurich American Insurance Company
Election of Members to the Classification and Rating Committee
The Membership had been advised in advance of the meeting that the terms of CompWest Insurance Company and Travelers Indemnity Company had expired and that their successors needed to be elected for terms running from the present annual meeting to the date of the annual meeting in 2015. The
president called for nominations.
The spokesperson for the Nominating Committee reported that as a result of its meeting held on February 24, 2012, SeaBright Insurance Company and Travelers Indemnity Company had been
nominated for terms running from the present annual meeting to the date of the annual meeting in 2015. As there were no further nominations, a motion was made, duly seconded, and unanimously passed by those present and voting to close the nominations. A motion then was made, duly seconded and
unanimously passed by those present and voting instructing the secretary to cast a unanimous ballot for the foregoing nominees.
The following WCIRB members will serve on the Classification and Rating Committee for 2012: Pacific Compensation Insurance Company1
National Union Fire Insurance Company of Pittsburgh PA Republic Indemnity Company of America
SeaBright Insurance Company State Compensation Insurance Fund Travelers Indemnity Company
United States Fire Insurance Company
* * * * * * *
As there was no further business to come before the Membership, the meeting was adjourned.
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Ninety-Sixth Annual Meeting of the
Workers’ Compensation Insurance Rating Bureau of California
Meeting Minutes for March 22, 2012 Released: April 3, 2012
4
W C I R B C a l i f o r n i a®
Roster of Regular Members Present at the
Ninety-Sixth Annual Meeting
Members: Representative:
Advantage Workers Compensation Insurance Company...Pacific Compensation Insurance Company Alleghany Group ...Joyce Schulman
Pacific Compensation Insurance Company
American Financial Group ... Dwayne Marioni Great American Alliance Insurance Company
Great American Assurance Company Great American Insurance Company
Great American Insurance Company of New York National Interstate Insurance Company
Republic Indemnity Company of America Republic Indemnity Company of California Vanliner Insurance Company
American International Group ...Rose Barrett AIU Insurance Company
American Home Assurance Company Chartis Property Casualty Company
Commerce and Industry Insurance Company Granite State Insurance Company
Insurance Company of the State of Pennsylvania (The) National Union Fire Insurance Company of Pittsburgh, Pa. New Hampshire Insurance Company
Arch Insurance Group ...Pacific Compensation Insurance Company Arch Insurance Company
Argonaut Group ...Pacific Compensation Insurance Company Argonaut Insurance Company
Argonaut-Midwest Insurance Company Argonaut-Southwest Insurance Company
BancInsure, Inc. ...Pacific Compensation Insurance Company Berkshire Hathaway...Pacific Compensation Insurance Company
California Insurance Company
Commercial Casualty Insurance Company Continental Indemnity Company
Cypress Insurance Company Fairfield Insurance Company General Reinsurance Corporation
National Liability and Fire Insurance Company Oak River Insurance Company
Redwood Fire and Casualty Insurance Company
Blue Cross Blue Shield of Michigan Group... John Gagan CompWest Insurance Company
Brotherhood Mutual Insurance Company ...Pacific Compensation Insurance Company California Casualty Management ...Pacific Compensation Insurance Company
California Casualty & Fire Insurance Company
California Casualty General Insurance Company of Oregon California Casualty Indemnity Exchange (The)
California Casualty Insurance Company
Cincinnati Financial Corporation ...Pacific Compensation Insurance Company Cincinnati Insurance Company (The)
Delek Group ...Pacific Compensation Insurance Company Southern Insurance Company
Delphi Financial Group...Pacific Compensation Insurance Company Safety National Casualty Corporation
Employers Insurance Group ...T. Hale Johnston Employers Compensation Insurance Company
Endurance Group...Pacific Compensation Insurance Company Endurance Reinsurance Corporation of America
Everest Reinsurance Holding Inc...Gary Mathewson Everest National Insurance Company
Fairfax Financial...Pacific Compensation Insurance Company Fairmont Insurance Company
Fairmont Premier Insurance Company North River Insurance Company (The) TIG Insurance Company
United States Fire Insurance Company Zenith Insurance Company
ZNAT Insurance Company
Hartford Fire & Casualty Group ...Pacific Compensation Insurance Company Hartford Accident and Indemnity Company
Hartford Casualty Insurance Company Hartford Fire Insurance Company
Hartford Insurance Company of the Midwest Hartford Underwriters Insurance Company Sentinel Insurance Company, Ltd.
Twin City Fire Insurance Company
Liberty Mutual Group...Pacific Compensation Insurance Company American Economy Insurance Company
American States Insurance Company
American States Insurance Company of Texas Employers Insurance Company of Wausau First Liberty Insurance Corporation (The) First National Insurance Company of America General Insurance Company of America Golden Eagle Insurance Corporation Liberty Insurance Corporation
Liberty Mutual Fire Insurance Company Liberty Mutual Insurance Company Liberty Northwest Insurance Corporation LM Insurance Corporation
Netherlands Insurance Company (The) Peerless Indemnity Insurance Company Peerless Insurance Company
Ninety-Sixth Annual Meeting of the
Workers’ Compensation Insurance Rating Bureau of California
Meeting Minutes for March 22, 2012 Released: April 3, 2012
6
W C I R B C a l i f o r n i a®
SAFECO Insurance Company of Illinois Wausau Business Insurance Company Wausau Underwriters Insurance Company
Meadowbrook Insurance Group ...Pacific Compensation Insurance Company Star Insurance Company
Williamsburg National Insurance Company
MS & AD Insurance Group ...Pacific Compensation Insurance Company Mitsui Sumitomo Insurance Company of America
Mitsui Sumitomo Insurance USA Inc.
Munich American Holding Corporation ...Pacific Compensation Insurance Company American Alternative Insurance Corporation
Munich Reinsurance America, Inc.
National American Insurance Company ...Pacific Compensation Insurance Company QBE Insurance Group Limited...Pacific Compensation Insurance Company
General Casualty Company of Wisconsin Praetorian Insurance Company
Regent Insurance Company Unigard Indemnity Company Unigard Insurance Company
SeaBright Insurance Company...Pacific Compensation Insurance Company State Compensation Insurance Fund ...Thomas Rowe Swiss Re Group...Pacific Compensation Insurance Company
North American Specialty Insurance Company Westport Insurance Corporation
Travelers Group ...Pacific Compensation Insurance Company Athena Assurance Company
Discover Property and Casualty Insurance Company Farmington Casualty Company
Fidelity and Guaranty Insurance Company
Fidelity and Guaranty Insurance Underwriters, Inc. Select Insurance Company
St. Paul Fire and Marine Insurance Company St. Paul Guardian Insurance Company St. Paul Mercury Insurance Company St. Paul Protective Insurance Company Standard Fire Insurance Company (The) Travelers Casualty and Surety Company
Travelers Casualty and Surety Company of America Travelers Casualty Company of Connecticut
Travelers Casualty Insurance Company of America Travelers Commercial Insurance Company
Travelers Indemnity Company (The)
Travelers Indemnity Company of Connecticut (The) Travelers Property Casualty Company of America United States Fidelity and Guaranty Company
WR Berkley Corporation...Pacific Compensation Insurance Company Berkley Regional Insurance Company
Great Divide Insurance Company
Zurich Insurance Group ...Pacific Compensation Insurance Company American Guarantee and Liability Insurance Company
American Zurich Insurance Company Assurance Company of America
Fidelity and Deposit Company of Maryland Maryland Casualty Company
Northern Insurance Company of New York Universal Underwriters Insurance Company Zurich American Insurance Company
