The following is a timeline of the 2024 Rate Filing Process with links to the underlying documents.

DECEMBER

12/22/2023 - The WCRIBMA submits a Rate Filing (Filing) to the Division of Insurance on behalf of its members recommending an 8.3% decrease in average rates for industrial classes. The WCRIBMA filed no change to expense constants. The proposed effective date of this filing is July 1, 2024.

12/22/2023 - Circular announces submission of the Rate Filing and a Pending Premium Change Endorsement (Circular Letter #2425).

JANUARY

01/16/2024 - The WCRIBMA issues a Circular with the Notice of Hearing (Circular Letter #2426).