California rating board president and CEO retires

After more than four decades with the organization, Robert Mike has announced his retirement as president and CEO of the California Workers' Compensation Insurance Rating Bureau.

Mike started as a field representative at the WCIRB in 1969 and progressed to vice president and house counsel, ultimately becoming president in 1989. During his 42 years with the bureau, the California workers' comp industry went through "dramatic change," according to a statement on the WCIRB's website.

The inauguration of California first-elected insurance commissioner in 1991, repeal of the minimum rate law in 1995, the workers' comp crisis and resulting insurer insolvencies at the turn of the century, and unprecedented legislative and regulatory system reforms between 2002 and 2005 occurred during Mike's tenure.

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An executive search firm has been retained to find a successor. The bureau's Governing Committee hopes to name a successor late this year.

Read more at the WorkersComp Forum homepage.

June 16, 2011

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