On November 27, 2023, the PCRB submitted a loss cost filing to the Pennsylvania Insurance Department. That filing, designated as Proposal C-383, makes revisions to loss costs and related rating values effective April 1, 2024. This filing also includes revisions to the Designated Auditable Payroll language that, in past years, was done in a separate filing. Please refer to the filing materials for this information.
On January 23, 2024, the Pennsylvania Insurance Department approved Filing C-383 as filed. This filing includes information based on changes to the Experience Rating Plan that were previously approved. Detail information regarding this change can be found in Filing 340.
A complete listing of supporting information comprising the PCRB's April 1, 2024 loss cost filing appears below. Clicking on each listed item will allow you to review and/or download the filing materials as needed. Copies of the filing material may be printed once the item(s) in question have been accessed.
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|Auditable Payrolls Proposal
|Indicated Change in Loss Costs
|Policy Year Loss Ratio Summary
|Premium and Indemnity On-Level Factors
|Table I - Summary of Financial Call Data
|Paid and Incurred Loss Development and Trend
|Loss Development Triangles
|Tail Factors and Paid Bridge Factors for Loss Development
|Graphs of Indemnity and Medical Loss Ratios
|Loss Based Assessments and Employer Assessment Factor
|Pennsylvania Construction Classification Premium Adjustment Program (PCCPAP)
|Merit Rating Plan Off-Balance Indications
|Pennsylvania Certified Safety Committee Program Offset
|Loss Cost Formulae
|Review of Experience Rating Plan Results
|Review of Experience Rating Plan Parameters
|Table II - Unit Statistical Data
|Table III - Unit Statistical Data
|Table IV - Unit Statistical Data
|Empirical Pennsylvania Loss Distribution
|Excess Loss (Pure Premium) Factors
|State and Hazard Group Relativities
|Small Deductible Loss Elimination Ratios
|Retrospective Development Factors
|Loss Costs and Expected Loss Factors
|Tests of Indicated and Selected Loss Costs
|Distribution of Loss Cost Percentage Changes
|Temporary Staffing Loss Costs
|Expected Loss Factors for Discontinued Temporary Staffing Classes