The DCRB has submitted a rating value filing for Delaware F-Classifications with a proposed effective date of December 1, 2010. That filing proposes an overall decrease in collectible rate level of 1.79 percent in residual market rates and an overall increase of 2.98 percent for the voluntary market loss costs. For more detail please refer to Bureau Circular No. 863.

The DCRB has submitted a filing of revisions to Delaware’s Residual Market Plan, voluntary market loss costs and related rating values with a proposed effective date of December 1, 2010. The DCRB has performed an analysis that proposes an overall decrease in collectible rate level of 2.91 percent for the Residual Market Plan and an overall decrease in collectible loss costs of 1.45 percent for the voluntary market prior to recognition of the Court of Chancery Decision. Indicated residual market rates and voluntary market loss costs were then reduced by six percent of December 1, 2008 rating values as required by the Court of Chancery decision, and the resulting proposal is for an overall decrease in collectible rate level of 3.22 percent for the Residual Market Plan and an overall decrease in collectible loss costs of 1.66 percent for the voluntary market after recognition of the Chancery Court Decision. For more detail please refer to Bureau Circular No. 862.

The Delaware Compensation Rating Bureau, Inc. has filed and the Insurance Commissioner has approved Manual revisions to Codes 855, Lumber and/or Building Material Dealer, 607, Drilling by Contractors, 028, Oil or Gas Production, and housekeeping revisions to Section 2. These revisions become effective as of 12:01 a.m., October 1, 2010 with respect to new and renewal business only. For more detail please refer to Bureau Circular No. 861.

The redesigned WCIO website contains improved features and new products, including a WCIO Data Dictionary. For more information refer to Bureau Circular No. 860.

A revised “Agreement By Executive Officer(s)/LLC Member(s) Not To Be Subject To The Delaware Workers’ Compensation Law,” as approved by the Department of Insurance, is effective December 1, 2009. The revised form will be available within Section 3 of the Delaware Basic Manual and within the FORMS section of the DCRB website.

The Department of Insurance has approved an amended filing requesting average decreases of 8.49 percent in residual market rates and 7.72 percent in voluntary market loss costs based on the loss experience and analysis presented in the filing. Recognizing the reductions required under the Opinion and Order as of December 1, 2008 and December 1, 2009, the average decreases in residual market rates and voluntary market loss costs effective December 1, 2009 are 9.17 percent and 8.40 percent, respectively. For more detail refer to Bureau Circular No. 859.