| RELEASE DATE | CATEGORY | TITLE | DESCRIPTION |
|
05/22/2025
|
Rates and Values
|
cl2446 - Important Filing Requirements For Workers’ Compensation Rate Deviation Filings that are Currently in Effect
|
The DOI has communicated that since there will be no 7/1/2025 revision of rates, there will be no automatic termination of carriers’ currently approved deviations or schedule rating plans.
|
|
05/16/2025
|
Rates and Values
|
cl2445 - Rate Filing
|
The Commissioner of Insurance has disapproved the WCRIBMA’s rate filing to change rates effective July 1, 2025. Therefore, there will be no change in rates and rating values.
|
|
04/22/2025
|
Residual Market
|
sb06-25 - Updated Information on Residual Market Share
|
Latest residual market share estimate. Data as of 4/15/25.
|
|
04/22/2025
|
Residual Market
|
sb05-25 - Residual Market Loss Ratio and Burden Estimate
|
The Pool Reserving Committee estimate (as of 12/31/24) of the Massachusetts loss ratio for policy year 2024 is 75% with a resulting residual market burden of 1.55%.
|
|
03/18/2025
|
Residual Market
|
sb04-25 - Policy Year 2022 Final VDAC Reapportionment
|
In accordance with the VDAC Program, the WCRIBMA is implementing the Final Reapportionment for policy year 2022.
|
|
03/17/2025
|
Forms, Endorsements and Rules
|
cl2444 - Massachusetts Notice To Policyholder Endorsement
|
The Massachusetts Notice To Policyholder Endorsement has been revised effective April 1, 2025 as a result of the relocation of the Division of Insurance to their new offices.
|
|
02/28/2025
|
Residual Market
|
sb03-25 - Updated Information on Residual Market Share
|
Latest residual market share estimate. Data as of 2/15/25.
|
|
01/31/2025
|
Residual Market
|
sb02-25 - Residual Market Loss Ratio and Burden Estimate
|
The Pool Reserving Committee estimate (as of 9/30/24) of the Massachusetts loss ratio for policy year 2023 is 75% with a resulting residual market burden of 1.62%.
|
|
01/03/2025
|
Residual Market
|
sb01-25 - Massachusetts Workers' Compensation Assigned Risk Pool Plan of Operation
|
The Division of Insurance has approved a revised Pool Plan of Operation effective June 1, 2025.
|
|
01/03/2025
|
Legislative Activity
|
cl2443 - Department of Industrial Accidents - Online ACH Debit Payments - Updated Payment Vendor Information
|
The DIA is alerting carriers of a correction to their payment vendor information.
|