18 
 
 
WCRB Boards and Committees 
 
Governing Board 
The WCRB Governing Board is given complete charge and management of the affairs of the Bureau 
under the authority of Article VII of the Bureau Bylaws. The Governing Board consists of five stock 
and five non-stock insurer representatives elected by the members of the Bureau, and two 
employer representatives elected by the Governor. 
 
Rating Committee 
The Rating Committee is empowered on behalf of the Bureau to interpret and apply the rules 
governing the classification and rating Workers Compensation risks in Wisconsin. It recommends 
appropriate rules, regulations, classification, rates, and rating plans to the Governing Board. The 
Rating Committee consists of five stock and five non-stock insurer representatives selected by 
members of the Bureau, and two employer representatives appointed by the Governor. 
 
Actuarial Committee 
The Actuarial Committee ensures the selected Wisconsin ratemaking methodology, trends, 
expense provisions, etc. result in rate accuracy and integrity. The Actuarial Committee consists of 
four stock and four non-stock insurers selected by the Rating Committee 
 
Investment Committee 
The investment committee provides general oversite and direction on matters pertaining to 
Investment Advisor performance and appropriateness of investment guidelines to ensure the 
stability of the WWCIP Pool Fund Surplus. The Investment Committee consists of two stock and 
two non-stock insurers selected by the Governing Board. 
 
The Audit Committee 
The Audit Committee determines the scope of annual WCCRB and WWCIP financial and 
operational audits and reviews the audit reports with WCRB management and the external 
auditors. The Audit Committee is comprised of CPAs from three member companies. 
 
 

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