Pennsylvania Compensation Rating Bureau News

Pennsylvania Makes Changes to Reduce Chances of Workers’ Comp Rate Filing Errors

Pennsylvania Insurance Commissioner Jessica Altman and Labor & Industry Secretary Jerry Oleksiak announced agreements with two insurers and the Pennsylvania Compensation Rating Bureau (PCRB) to protect Pennsylvania businesses and lessen the chances of errors in the filing of loss costs, …

Pennsylvania’s Largest Workers’ Comp Insurer Files Plan to Correct Charges

Pennsylvania’s State Workers Insurance Fund (SWIF), the largest writer of workers’ comp insurance in Pennsylvania, has filed a plan to retroactively correct charges to employers for their workers’ compensation policies written between April 1, 2018, and December 31, 2018. The …

Pennsylvania Insurance Department Approves Mid-Year Workers’ Comp Filings

The Pennsylvania Insurance Department has approved two mid-year workers’ compensation loss cost filings, effective January 1, 2019. The fillings are from the Pennsylvania Compensation Rating Bureau (PCRB), an independent bureau, which makes filings to the Insurance Department on behalf of …

Pennsylvania Insurance Department Plans Review of Two Workers’ Comp Filings

The Pennsylvania Insurance Department has received two mid-year workers’ compensation loss cost filings with a proposed effective date of January 1, 2019, from the Pennsylvania Compensation Rating Bureau (PCRB). The department stated in a press release that it plans an …

Pennsylvania Businesses to See Workers’ Comp Insurance Rate Cut

Pennsylvania businesses will see another cut in workers’ compensation insurance rates while maintaining benefit levels for injured workers, Wolf Administration cabinet secretaries for the Pennsylvania Insurance Department and Labor & Industry announced. Insurance Commissioner Teresa Miller and Labor & Industry …

Pennsylvania OKs Average Workers’ Comp Loss Cost Decrease of 0.9%

The Pennsylvania Compensation Rating Bureau (PCRB) said the Pennsylvania Insurance Department has approved PCRB’s filing which calls for an overall average workers’ compensation loss cost decrease of 0.90 percent from existing loss costs. Pennsylvania Insurance Commissioner Teresa Miller approved PCRB’s …

Pennsylvania Compensation Rating Bureau Seeks 0.9% Loss Cost Decrease

The Pennsylvania Compensation Rating Bureau (PCRB) has submitted a filing of Pennsylvania loss costs and related rating values with a proposed effective date of April 1, 2016. The filing proposes an overall average loss cost decrease of 0.90 percent. PCRB’s …

PCRB Proposes 5.99% Average Workers’ Comp Loss Cost Decrease in Penn.

The Pennsylvania Compensation Rating Bureau (PCRB) has submitted a filing of Pennsylvania loss costs and related rating values with a proposed effective date of April 1, 2015. PCRB said in its Circular No. 1636 on Dec. 15 that its filing, …

Penn. Workers’ Comp Insurance Rates to Decline for Some Employers

The Pennsylvania Departments of Insurance and Labor & Industry on Monday announced a 5.15 percent workers’ compensation rate reduction, effective April 1. The officials said the reduction would save millions of dollars for many Pennsylvania employers. The rate reduction is …

Pennsylvania’s Overall Workers’ Comp Rates to Drop 4.01%

Pennsylvania Insurance Commissioner Mike Consedine announced Thursday that a workers’ compensation rate reduction will go into effect next week for employers. The overall decrease of 4.01 percent is effective April 1, 2013.”We are very pleased with the rate reduction which …