1929 Pennsylvania Competitive Rating Bureau; F-classification and USL & HW rating value filing; rate filing
INSURANCE DEPARTMENT Pennsylvania Compensation Rating Bureau F-Classification and USL & HW Rating Value Filing; Rate Filing [34 Pa.B. 5864] On October 6, 2004, the Insurance Department (Department) received from the Pennsylvania Compensation Rating Bureau (PCRB) 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 February 1, 2005. The filing proposes the following:
* An overall average decrease in collectible F-classification rates of 8.88%.
* An overall average decrease in manual rates for F-classifications of 9.02% consistent with the proposed overall average change in collectible rates. The proposed changes in manual rates for individual F-Classifications range from decreases of 7.0% to 12.3%.
* A change in the USL&HW Compensation Coverage Percentage from 79.3% to 79.1%.
The filing is available for review on the Department's website: www.ins.state.pa.us. To access the filing, under ''Quick Links'' click ''Rate filings published in the PA Bulletin.''
The filing is also available for review on the PCRB's website: www.pcrb.com (click ''Filings'').
Copies of the filing are also available for public inspection during normal working hours, by appointment, at the Department's regional offices in Harrisburg, Philadelphia and Pittsburgh.
Interested parties are invited to submit written comments, suggestions or objections to Ken Creighton, ACAS, Insurance Department, Insurance Product Regulation andMarket Enforcement, 1311 Strawberry Square, Harrisburg, PA 17120, kcreighton@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
M. DIANE KOKEN,
Insurance Commissioner[Pa.B. Doc. No. 04-1929. Filed for public inspection October 22, 2004, 9:00 a.m.]
