Combined California Workers’ Comp Losses and Expenses Down in 2023

WCIRB report, 2023 California Workers’ Compensation Losses and Expenses, include: Medical losses paid in 2023 were $4.7 Billion, or 53% of total loss payments, Indemnity payments benefits paid in 2023 were $4.2 Billion, or 47% of total loss payments, Total insurer combined losses and expenses incurred in 2023 were $14.3 Billion, or 91% of calendar year premium, compared to $15.0 Billion, or 98% of calendar year premium, in 2022. Read more