2000 Pennsylvania Compensation Rating Bureau; F-Classification and USL&HW rating value filing; rate filing  

  • Pennsylvania Compensation Rating Bureau; F-Classification and USL&HW Rating Value Filing; Rate Filing

    [38 Pa.B. 6127]
    [Saturday, November 1, 2008]

       On October 14, 2008, 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 April 1, 2009. The filing proposes the following:

       *  An overall average increase in collectible F-classification rates of 9.73%.

       *  An overall average increase in manual rates for F-Classifications of 6.54% consistent with the proposed overall average change in collectible rates. The proposed changes in manual rates for individual F-Classifications range from increases of 4.1% to 10.7%.

       *  A change in the USL&HW Compensation Coverage Percentage from 81.7% to 80.3%.

       The filing is available for review on the Department's web site at www.ins.state.pa.us. To access the filing, under ''Quick Links'' click on ''Rate filings published in the PA Bulletin.''

       The filing is also available for review on the PCRB's web site at www.pcrb.com in the ''Filings'' section.

       Interested parties are invited to submit written comments, suggestions or objections to Mike McKenney, Insurance Department, Insurance Product Regulation and Market Enforcement, 1311 Strawberry Square, Harrisburg, PA 17120, mmckenney@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.

    JOEL SCOTT ARIO,   
    Insurance Commissioner

    [Pa.B. Doc. No. 08-2000. Filed for public inspection October 31, 2008, 9:00 a.m.]

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