Which of the following is NOT a function of the California Worker’s Compensation Inspection Rating Bureau (WCIRB)?

Study for the California Personal Lines Broker Test. Utilize detailed flashcards and comprehensive multiple choice questions, each with helpful hints and explanations. Propel your preparation for a successful exam outcome!

The California Worker’s Compensation Inspection Rating Bureau (WCIRB) primarily focuses on issues related to worker’s compensation insurance rather than property and liability risks. The bureau provides essential services such as developing and maintaining the classification system for workers' compensation insurance, collecting statistical data, and recommending pure premium rates for the industry. This makes option B the correct choice, as it describes a function that is outside the purview of the WCIRB.

In context, the other options are indeed functions of WCIRB. The bureau gathers and provides statistics on workers' compensation claims and costs, which helps in understanding trends and setting rates. It also engages in inspecting insurance risks to classify them appropriately and determine suitable rates. By collecting data for pure premium rates, it assists in calculating how much employers should pay based on their specific circumstances related to worker injuries and related risks. Thus, option B stands out as not fitting the core functions of the WCIRB.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy