1885 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 [36 Pa.B. 5944]
[Saturday, September 23, 2006]On September 6, 2006, 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, 2007. The filing proposes the following:
* An overall average decrease in collectible F-classification rates of 7.49%.
* An overall average decrease in manual rates for F-classifications of 4.88% consistent with the proposed overall average change in collectible rates. The proposed changes in manual rates for individual F-Classifications range from decreases of 1.5% to 6.3%.
* A change in the USL & HW Compensation Coverage Percentage from 79.1% to 81.7%.
A copy of the filing is available on the Department's website at www.ins.state.pa.us. Under the Quick Links section, click on the link ''Rate Filings Published in the PA Bulletin.'' The filing is also available for review on the PCRB's website at www.pcrb.com in the ''Filings'' section.
The filing is also available for public inspection, by appointment, during normal working hours at the Department's regional office in Harrisburg.
Interested parties are invited to submit written comments, suggestions or objections to Michael P. 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.
M. DIANE KOKEN,
Insurance Commissioner[Pa.B. Doc. No. 06-1885. Filed for public inspection September 22, 2006, 9:00 a.m.] [36 Pa.B. 5944]
[Saturday, September 23, 2006]
