WCIRB COMP ESSENTIALS
The WCIRB and IIABCal continue to collaborate to provide valued and relevant workers’ compensation education to insurance professionals. In support of this, the WCIRB recently launched CompEssentialsTM, a new online training program.
Classification Basics is the first of four courses to be offered through WCIRB CompEssentials. This three-hour, self-paced course explains the fundamental concepts of the Standard Classification System and how to classify businesses for workers’ compensation insurance. This course is approved for 3 CEUs toward a Property-Casualty license by the California Department of Insurance. For more details and to watch a short video that highlights this new training program, visit www.wcirb.com/compessentials.
In partnership with IIABCal, the WCIRB is offering Classification Basics at a discounted price of $50 for IIABCal agents and brokers. To receive this pricing, use the following links to set up a WCIRB CompEssentials user account:
IIABCal agents and brokers register here.
Insurers should register via WCIRB Connect® or at www.wcirb.com/log-in.
Once you create your account, click on the Catalog button to purchase the course. Payments are accepted only via Visa or MasterCard. All sales are final and non-transferable. If you have questions about WCIRB CompEssentials, you can email them to.
NEW WCIRB RESOURCES FOR AGENTS AND BROKERS
Live Webinar: Feb. 22, 2017, 10:00 a.m. PST - The WCIRB recently launched two products for agents and brokers: The Comprehensive Risk Summary (CRS) and CompEssentials: Classification Basics. Join the WCIRB’s Nick Zagone for a demo of these new online workers’ compensation resources.
THE EXPERIENCE RATING WORKSHEET
Live Webinar: April 26, 2017, 10:00 a.m., PDT - The Experience Rating Worksheet provides detailed information about the data used to calculate the policyholder’s experience modification. Join the WCIRB’s Rod Libbe for a section-by-section tour of the information contained in the experience rating worksheet, and learn how to access it for your experience-rated clients.
THE CLASSIFICATION INSPECTION REPORT
Live Webinar: Aug. 16, 2017, 10:00 a.m. PDT - The Classification Inspection Report provides details about the classifications that were assigned to the business at the time of the WCIRB inspection. Join the WCIRB’s Lynn Yelverton for a section-by-section tour of the information contained in the Classification Inspection Report, and learn about the recent enhancements.
THE IMPACT OF CHANGES IN OWNERSHIP ON EXPERIENCE RATING
Live Webinar: Oct. 18, 2017, 10:00 a.m. PST - Did you know that when a policyholder buys a California business, they may potentially inherit the seller’s experience? Join the WCIRB’s Aaron Fellman for an overview of the impact that changes in business ownership can have on the experience modification.
WCIRB RESOURCES FOR AGENTS AND BROKERS
Video on Demand: Do you know about the helpful tools and resources available on the WCIRB website? Join the WCIRB’s Stacy Lein for a discussion on the Customer Service Department’s frequently asked questions and a demo of the free online resources available to help you do your job.
2017 EXPERIENCE MODIFICATIONS
Video on Demand: Have you heard about the significant changes to experience rating effective January 1, 2017? The WCIRB’s Rod Libbe explains how experience modifications will be calculated using a primary/excess split point that varies based on the size of the employer.
WHAT TO EXPECT AT THE FINAL AUDIT
Video on Demand: What should a policyholder expect at the time of their workers’ comp premium audit? Join the WCIRB’s Calvin Anderson to learn why an audit is required, penalties for audit refusal, audit dispute procedures, and the recent enhancements to California’s Test Audit Program.
GENERAL APPROACH TO CLASSIFYING A BUSINESS
Video on Demand: Are you new to the Standard Classification System? Not sure where to begin? In this webinar, the WCIRB’s Lynn Yelverton discusses a general approach to classifying a business and the factors to consider when searching for the applicable classification codes.