Everest National Insurance Company has been elected to the Governing Committee of the Workers’ Compensation Insurance Rating Bureau (WCIRB) of California.
The WCIRB Governing Committee is responsible for setting policy and overseeing the management of the affairs of the WCIRB. This election by Everest’s peer members of the WCIRB is for a three year term.
Commenting on the recent election to the WCIRB Governing Committee Mike Mulray, Chief Underwriting Officer of the Everest Insurance North America insurance companies said “Everest has been committed to workers and employers of the state of California as a leading underwriter of workers compensation insurance in the state for nearly two decades. We appreciate the opportunity to give back by sharing our voice on important topics and issues relevant to the California market. We look forward to working closely with Bill Mudge and his team at the WCIRB as well as with the rest of the committee members.”
The WCIRB membership is comprised of all companies licensed to transact workers’ compensation insurance in California, over 400 member companies in total.
The Governing Committee is represented by twelve members: seven private insurers; State Compensation Insurance Fund; and four public members – two representing insured employers and two representing organized labor.
Except for the State Compensation Insurance Fund, insurer members are elected for three-year terms by the membership at the Annual Meeting, while public members are appointed for two-year terms by the Insurance Commissioner.
Everest Re Group, Ltd. is a Bermuda holding company that operates through a number of subsidiaries. Everest National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the U.S. Everest Indemnity Insurance Company offers excess and surplus lines insurance in the U.S.