APRIL 1, 2012 LOSS COST REVISION APPROVAL - ADDITIONAL INFORMATION

Information regarding additional revisions to designated auditable payrolls for executive officers and musicians/entertainers now available. For more detail refer to PCRB Circular 1596.

APRIL 1, 2012 LOSS COST REVISION APPROVAL

The Insurance Commissioner has approved revised loss costs and related rating values effective on a new and renewal basis as of 12:01 a.m., April 1, 2012. The approved loss costs are those submitted under Bureau Filing No. C-361, calling for an overall average decrease of 5.66 percent from existing loss costs. For more detail refer to PCRB Circular No. 1595.

NEW FEDERAL USL&HW COVERAGE SERVICE

Insurers are currently required to report coverage issued under the Longshore and Harbor Workers’ Compensation Act and its extensions, the Defense Base Act, Outer Continental Shelf Lands Act and Non-Appropriated Fund Instrumentalities Act (USL&H) by mailing a hard copy of DOL Form LS-570 to the United States Department of Labor (US DOL). The US DOL intends to eventually phase out hard copy reporting of policy information and replace it with electronic filing to the national office of the Division of Longshore and Harbor Workers’ Compensation. For more detail refer to PCRB Circular No. 1594.

SUBMISSION OF APRIL 1, 2012 LOSS COST FILING

The PCRB has submitted to the Pennsylvania Insurance Department a filing of Pennsylvania loss costs, related rating values and Manual rule changes with a proposed effective date of April 1, 2012. That filing, Bureau Filing No. C-361, proposes an overall average loss cost decrease of 5.66 percent. For more detail refer to Bureau Circular No. 1593.

EFFECTIVE APRIL 1, 2012 MANUAL CHANGES

Manual revisions to Sections 1 and 2 effective April 1, 2012. For more detail refer to Bureau Circular No. 1592.

EFFECTIVE NOVEMBER 30, 2011

The PCRB has entered into an agreement with the National Council on Compensation Insurance, Inc. (NCCI) that enables the PCRB to meet, on behalf of its members, the new electronic reporting requirements concerning proof of coverage under the Federal Mine Safety and Health Act imposed on the insurance industry by the United States Department of Labor (US DOL), Office of Workers’ Compensation Programs, Division of Coal Mine Workers’ Compensation (DCMWC). For more detail refer to Bureau Circular No. 1591.

IMPLEMENTATION OF ACT 20 OF 2011 (HB 440) EFFECTIVE AUGUST 29, 2011

The Insurance Commissioner has approved Manual revisions to Section 1, Rules, and adoption of a countrywide endorsement (WC 00 03 10) in recognition of the enactment of Act 20 of 2011 (HB 440). These revisions are effective 12:01 a.m., August 29, 2011 with respect to new, renewal and outstanding business. For more detail refer to Bureau Circular No. 1590.

AMERICAN COOPERATIVE COUNCIL ON COMPENSATION TECHNOLOGY –THE FUTURE SURVEY

A survey regarding electronic data gathering is being distributed in order to solicit input on future data collection. For more detail refer to Bureau Circular No. 1589.

EXPANSION OF ON DEMAND PROGRAM EDUCATIONAL SERIES

As of June 1, 2011, the PCRB has added several new programs to its “On Demand Programs” educational series, which can be accessed on request and without charge under Seminars. The topics addressed include:

• Actuarial
• Classification System
• Test Audit Program
• Statistical Reporting
• Rating Plans

For more detail refer to PCRB Circular No. 1588.

PENNSYLVANIA CONSTRUCTION CLASSIFICATION PREMIUM ADJUSTMENT PROGRAM MANUAL REVISIONS - SECTION 1 RULE IX H.

The Insurance Commissioner has approved Manual revisions to Section 1, Rule IX, H. Pennsylvania Construction Classification Premium Adjustment Program (PCCPAP). These revisions are effective 12:01 a.m., October 1, 2011 with respect to new and renewal business only. For more detail refer to PCRB Circular No. 1587.