CAL DoL Workers' Comp Inventory

Published on: Jan 17, 2025

On Jan. 2, CAL DoL issued reminder of report of inventory submission.

  • CAL DoL Division of Workers’ Compensation (DWC) issued a reminder for the submission of annual report of inventory for claims reported during calendar year 2024
  • Document dated Jan. 2, 2025, received from CAL DoL Jan. 14, summarized on Jan. 17.
  • ARI Submission Reminder
  • Claims administrators are reminded that the filing of the Annual report of inventory (ARI) must be submitted in early 2025 for claims reported in calendar year 2024.
  • CAL INS 4.5-1.5-2-10104 requires claims administrators to file, by Apr. 1 of each year, an ARI indicating the number of claims reported at each location for preceding year.
  • Even if no claims were reported, report must be completed and submitted to the DWC, each adjusting location required to submit ARI unless its requirement has been waived
  • When ARI requirements are waived, administrators must file annual report of adjusting locations on April 1 of each year for the location operations as of Dec. 31 of prior year.
  • Administrators required to report any change in the information reported in the ARI or annual report of adjusting location within 45 days of the effective date of the change.
  • Penalties of up to $500 per location for failure to timely file the report of inventory.
  • Submission Deadline
  • Claims administrators must submit the form prior to the Apr. 1, 2025 deadline.
  • Any document received after Apr. 1, 2025 considered late and subject to a penalty.
Regulators
CAL DoL
Entity Types
CNSM; Ins
Reference
PR 2025-01, 1/2/2025; Citation: CAL INS 4.5-1.5-2-10104;
Functions
Claims/Accelerated Benefits; Compliance; Financial; HR; Legal; Operations; Reporting; Risk
Countries
United States of America
Category
State
N/A
Products
Insurance; Insurance-Health; Workers Comp
Rule Type
Final
Regions
Am
Rule Date
Jan 2, 2025
Effective Date
Apr 1, 2025
Rule ID
240366
Linked to
N/A
Reg. Last Update
Jan 2, 2025
Report Section
US Insurance