Pennsylvania Compensation Rating Bureau; F-Classification and USL&HW Rating Value Filing [40 Pa.B. 5660]
[Saturday, October 2, 2010]On September 16, 2010, the Insurance Department received from the Pennsylvania Compensation Rating Bureau (Bureau) proposed revisions to rates and rating values pertaining to F-Classification and United States Longshore and Harbor Workers (USL&HW) Compensation Act coverages to be effective April 1, 2011. The filing proposes the following:
• An overall average increase in collectible F-Classification rates of 6.96%.
• An overall average increase in manual rates for F-Classifications of 4.08% consistent with the proposed overall average change in collectible rates. The proposed changes in manual rates for individual F-Classifications range from increases of 2.5% to 6.9%.
• A change in the USL&HW Compensation Coverage Percentage from 80.3% to 78.1%.
The filing is available for review on the Bureau's web site at www.pcrb.com in the ''Filings'' section.
Interested parties are invited to submit written comments, suggestions or objections to Jim DiSanto, Insurance Department, Office of Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, jadisanto@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
ROBERT L. PRATTER,
Acting Insurance Commissioner[Pa.B. Doc. No. 10-1909. Filed for public inspection October 1, 2010, 9:00 a.m.]
