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WCIRB Bulletin Bulletin No. 2017-06 April 24, 2017 1221 Broadway, Suite 900 Oakland, CA 94612 415.777.0777 Fax 415.778.7007 www.wcirb.com wcirb@wcirb.com Minutes of the 101st Annual Meeting of the Held Thursday, March 23, 2017 On March 23, 2017, members of the Worker s Compensation Insurance Rating Bureau of California convened for WCIRB s 101 st Annual Meeting. Attached are the Minutes of the meeting. 2017. All Rights Reserved. See http:www.wcirb.com/copyright for more information.

Workers Compensation Insurance Rating Bureau of California Meeting Minutes Date Time Location Staff Contact March 23, 2017 8:30 AM WCIRB Eric S. Riley Oakland, CA Senior Vice President 1221 Broadway, Suite 900 Oakland, CA 94612 415.777.0777 Fax 415.778.7007 www.wcirb.com wcirb@wcirb.com Released: April 24, 2017 On March 23, 2017, members of the Worker s Compensation Insurance Rating Bureau of California convened for WCIRB s 101 st Annual Meeting. Upon confirming that a quorum of Regular Members was present, Bill Mudge, WCIRB President and Chief Executive Officer, called the meeting to order at 8:30 AM. I. Comments from WCIRB President, Bill Mudge Mr. Mudge provided the membership with an overview of the WCIRB s recent accomplishments as well as an update on the WCIRB s 2017 initiatives. In his remarks, Mr. Mudge emphasized that the WCIRB s continued success depends on the strength of the partnership it maintains with its members and he thanked the WCIRB membership for its involvement and support. In closing, Mr. Mudge also thanked the members of the WCIRB Nominating Committee for their service in supporting the important work of the Governing Committee and the Classification and Rating Committee. II. Election of Committee Members Christopher Cunniff, Chair of the WCIRB Nominating Committee, provided the membership with the report from the WCIRB Nominating Committee. In his report, Mr. Cunniff reviewed the nominating process and the criteria that the Committee used in recommending a slate of candidates for the Governing Committee and the Classification and Rating Committee. A. Election of Members to the Governing Committee Mr. Cunniff reminded the membership that the terms of two members Pacific Compensation Insurance Company and Travelers Property Casualty Insurance Company had expired and that their successors needed to be elected for terms running from the 2017 Annual Meeting to the 2020 Annual Meeting. Mr. Cunniff advised the membership that the Nominating Committee recommended that Everest National Insurance Company and Travelers Property Casualty Company of America be elected to serve for three-year terms that will expire on the date of the Annual Meeting in 2020. As there were no further nominations, a motion was made, duly seconded and unanimously passed by those present and voting to elect Everest National Insurance Company and Travelers Property Casualty Company of America to the Governing Committee for three-year terms that will expire on the date of the 2020 Annual Meeting. 1

The following WCIRB members will serve on the Governing Committee for 2017: Everest National Insurance Company Hartford Accident and Indemnity Company Liberty Mutual Insurance Company Oak River Insurance Company Preferred Employers Insurance Company State Compensation Insurance Fund Travelers Property Casualty Company of America Zenith Insurance Company B. Election of Members to the Classification and Rating Committee Mr. Cunniff reminded the membership that the terms of two members Republic Indemnity Company of America and Insurance Company of the West had expired and that their successors needed to be elected for terms running from the 2017 Annual Meeting to the 2020 Annual Meeting. Mr. Cunniff advised the membership that the Nominating Committee recommended that Republic Indemnity Company of America and Zenith Insurance Company be elected to serve for three-year terms that will expire on the date of the 2020 Annual Meeting. As there were no further nominations, a motion was made, duly seconded and unanimously passed by those present and voting to elect Republic Indemnity Company of America and Zenith Insurance Company to the Classification and Rating Committee for three-year terms that will expire on the date of the 2020 Annual Meeting. The following WCIRB members will serve on the Classification and Rating Committee for 2017: National Union Fire Insurance Company of Pittsburgh, PA Pacific Compensation Insurance Company Republic Indemnity Company of America Security National Insurance Company State Compensation Insurance Fund Travelers Indemnity Company Zenith Insurance Company III. Amendments to the WCIRB Constitution and Bylaws In a report from Brenda Keys, WCIRB Senior Vice President and Chief Legal Officer, the membership was advised that the WCIRB is recommending amendments to its Constitution and Bylaws for the Membership s review and approval. The proposed amendment to the WCIRB Constitution would: Add paragraph 4 to Article V, Organization, of the WCIRB Constitution to include the composition of the Nominating Committee. Add Article X, Powers and Duties of the Nominating Committee, of the WCIRB Constitution to specify the powers and duties of the Nominating Committee and renumber all subsequent Articles. At the conclusion of the presentation, a motion was made, seconded and unanimously passed to adopt the proposed the changes to the WCIRB Constitution and Bylaws. * * * * * * * As there was no further business to come before the Membership, the meeting was adjourned at 8:55 AM. 2

Members: Roster of Regular Members Present at the 101 st Annual Meeting 3 Representative: Alaska National Insurance Company...Preferred Employers Insurance Company Allianz Insurance Group... Paul Ziegler Allianz Global Risks US Insurance Company American Automobile Insurance Company American Insurance Company (The) Associated Indemnity Corporation Fireman s Fund Insurance Company National Surety Corporation American Assets Group...Preferred Employers Insurance Company Explorer Insurance Company Insurance Company of the West American Contractors Insurance Group...Preferred Employers Insurance Company ACIG Insurance Company American Financial Group...Preferred Employers Insurance Company Great American Insurance Company Great American Assurance Company Great American Alliance Insurance Company Great American Insurance Company of New York National Interstate Insurance Company Triumphe Casualty Company Vanliner Insurance Company American International Group...Preferred Employers Insurance Company AIG Property Casualty Company AIU Insurance Company American Home Assurance 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 Amerisafe Group...Preferred Employers Insurance Company American Interstate Insurance Company AmTrust Group... Matt Zender CorePointe Insurance Company Republic Underwriters Insurance Company Security National Insurance Company Sequoia Insurance Company Southern Insurance Company Springfield Insurance Company Technology Insurance Company, Inc. Wesco Insurance Company Arch Insurance Group...Preferred Employers Insurance Company Argonaut Group...Preferred Employers Insurance Company Berkshire Hathaway...Preferred Employers Insurance Company AmGUARD Insurance Company

Berkshire Hathaway Homestate Insurance Company California Insurance Company Commercial Casualty Insurance Company Continental Indemnity Company Cypress Insurance Company EastGUARD Insurance Company General Reinsurance Corporation National Liability & Fire Insurance Company NorGUARD Insurance Company Oak River Insurance Company Redwood Fire and Casualty Insurance Company Blue Cross Blue Shield of Michigan Group...Preferred Employers Insurance Company Accident Fund Insurance Company of America CompWest Insurance Company United Wisconsin Insurance Company Brotherhood Mutual Insurance Company...Preferred Employers Insurance Company California Casualty Management...Preferred Employers Insurance Company California Casualty Insurance Company California Casualty Indemnity Exchange (The) California Casualty & Fire Insurance Company California Casualty General Insurance Company of Oregon California Casualty Compensation Insurance Company Care West Insurance Company...Preferred Employers Insurance Company Chubb & Son Inc....Preferred Employers Insurance Company ACE American Insurance Company ACE Fire Underwriters Insurance Company ACE Property and Casualty Insurance Company Bankers Standard Insurance Company Century Indemnity Company Chubb Indemnity Insurance Company Chubb National Insurance Company Federal Insurance Company Great Northern Insurance Company Indemnity Insurance Company of North America Insurance Company of North America Pacific Employers Insurance Company Pacific Indemnity Company Vigilant Insurance Company Westchester Fire Insurance Company Cincinnati Financial Corporation...Preferred Employers Insurance Company Cincinnati Insurance Company (The) CNA Insurance Group...Preferred Employers Insurance Company American Casualty Company of Reading, Pennsylvania Continental Casualty Company Continental Insurance Company (The) National Fire Insurance Company of Hartford Transportation Insurance Company Valley Forge Insurance Company Coverys Group...Preferred Employers Insurance Company Preferred Professional Insurance Company 4

Dentists Insurance Company (The)...Preferred Employers Insurance Company Electric Insurance Group...Preferred Employers Insurance Company Electric Insurance Company EMC Insurance Company...Preferred Employers Insurance Company Employers Mutual Casualty Company Employers Holdings Group...Preferred Employers Insurance Company Employers Assurance Company Employers Compensation Insurance Company Employers Preferred Insurance Company Enstar Group...Preferred Employers Insurance Company StarStone National Insurance Company Sussex Insurance Company Fairfax Financial Group...Preferred Employers Insurance Company Crum & Forster Indemnity Company North River Insurance Company (The) United States Fire Insurance Company Zenith Insurance Company ZNAT Insurance Company GuideOne Insurance Group...Preferred Employers Insurance Company GuideOne Mutual Insurance Company Hanover Group...Preferred Employers Insurance Company HDI Global Insurance Company Hartford Fire & Casualty Group...Preferred Employers 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 Property and Casualty Insurance Company of Hartford Sentinel Insurance Company, Ltd. Trumbull Insurance Company Twin City Fire Insurance Company Houston International Insurance Group...Preferred Employers Insurance Company Imperium Insurance Company IAT Reinsurance Company Group...Preferred Employers Insurance Company Harco National Insurance Company TransGuard Insurance Company of America, Inc. Liberty Mutual Group... Christopher Cunniff 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 5

Liberty Northwest Insurance Corporation LM Insurance Corporation Netherlands Insurance Company (The) Ohio Security Insurance Company Peerless Indemnity Insurance Company Peerless Insurance Company SAFECO Insurance Company of America SAFECO Insurance Company of Illinois Wausau Business Insurance Company Wausau Underwriters Insurance Company West American Insurance Company Maine Employers Mutual Insurance Company...Preferred Employers Insurance Company MEMIC Insurance Meadowbrook Insurance Group...Preferred Employers Insurance Company ProCentury Insurance Company Star Insurance Company Williamsburg National Insurance Company Motorists Mutual...Preferred Employers Insurance Company Motorists Commercial Mutual Insurance Company National American Insurance Company...Preferred Employers Insurance Company Old Republic Group...Preferred Employers Insurance Company Great West Casualty Company Manufacturers Alliance Insurance Company Old Republic General Insurance Corporation Old Republic Insurance Company Pennsylvania Manufacturers' Association Insurance Company Pennsylvania Manufacturers Indemnity Company Pharmacists Mutual Group...Preferred Employers Insurance Company Pharmacists Mutual Insurance Company QBE Insurance Group Limited...Preferred Employers Insurance Company General Casualty Company of Wisconsin North Pointe Insurance Company Praetorian Insurance Company QBE Insurance Corporation Regent Insurance Company Stonington Insurance Company Unigard Indemnity Company Unigard Insurance Company Starr Group...Preferred Employers Insurance Company Starr Indemnity & Liability Company State Compensation Insurance Fund...Preferred Employers Insurance Company Swiss Re Group...Preferred Employers Insurance Company North American Specialty Insurance Company Westport Insurance Corporation Travelers Group... Kathleen Muedder Discover Property & Casualty Insurance Company Farmington Casualty Company Fidelity and Guaranty Insurance Company Fidelity and Guaranty Insurance Underwriters, Inc. 6

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 (The) 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... Steve Gallacher Berkley National Insurance Company Berkley Regional Insurance Company Great Divide Insurance Company Midwest Employers Casualty Company Preferred Employers Insurance Company StarNet Insurance Company Tri-State Insurance Company of Minnesota Zurich Insurance Group...Preferred Employers Insurance Company American Guarantee and Liability Insurance Company American Zurich Insurance Company Fidelity and Deposit Company of Maryland Universal Underwriters Insurance Company Zurich American Insurance Company Zurich American Insurance Company of Illinois Zurich Insurance Group (Farmers)...Preferred Employers Insurance Company Civic Property and Casualty Company Exact Property and Casualty Company Farmers Insurance Exchange Foremost Insurance Company Grand Rapids, Michigan Foremost Property and Casualty Insurance Company Foremost Signature Insurance Company Mid-Century Insurance Company Neighborhood Spirit Property and Casualty Company Truck Insurance Exchange 7

Notice The information in these Minutes was developed by the (WCIRB). The WCIRB cannot make any guarantees if this information is used for any other purpose and the WCIRB shall not be liable for any damages, of any kind, whether direct, indirect, incidental, punitive or consequential, arising from the use of or reliance upon this information for any other purpose. 2017. All rights reserved. No part of this work may be reproduced or transmitted in any form or by any means, electronic or mechanical, including, without limitation, photocopying and recording, or by any information storage or retrieval system without the prior written permission of the (WCIRB), unless such copying is expressly permitted in this copyright notice or by federal copyright law. No copyright is claimed in the text of statutes and regulations quoted within this work. Each WCIRB member company, including any registered third party entities, (Company) is authorized to reproduce any part of this work solely for the following purposes in connection with the transaction of workers compensation insurance: (1) as necessary in connection with Company s required filings with the California Department of Insurance; (2) to incorporate portions of this work, as necessary, into Company manuals distributed at no charge only to Company employees; and (3) to the extent reasonably necessary for the training of Company personnel. Each Company and all agents and brokers licensed to transact workers compensation insurance in the state of California are authorized to physically reproduce any part of this work for issuance to a prospective or current policyholder upon request at no charge solely for the purpose of transacting workers compensation insurance and for no other purpose. This reproduction right does not include the right to make any part of this work available on any website or any form of social media., WCIRB, WCIRB California, WCIRB Connect, WCIRB Inquiry, X-Mod Direct, escad and the WCIRB California logo (WCIRB Marks) are registered trademarks or service marks of the WCIRB. WCIRB Marks may not be displayed or used in any manner without the WCIRB s prior written permission. Any permitted copying of this work must maintain any and all trademarks and/or service marks on all copies. To seek permission to use any of the WCIRB Marks or any copyrighted material, please contact the WCIRB at customerservice@wcirb.com. 8