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Massachusetts Workers' Compensation Rate Filing - 2008

The following is a timeline of the 2008 Rate Filing Process with links to the underlying documents.

MARCH

03/01/2008 - The WCRIBMA submits a Rate Filing (Filing), proposing a 2.3% increase in average rates for industrial classes and an 18.1% increase for F-Classes. Additionally, the WCRIBMA files to increase the expense constants. The proposed effective date of this filing is September 1, 2008.

03/03/2008 - Circular announces submission of the Rate Filing (Circular Letter #2084).

03/07/2008 - The WCRIBMA issues a Circular with the Notice of Hearing and a Pending Premium Change Endorsement (Circular Letter #2086).

APRIL

04/17/2008 - The WCRIBMA, State Rating Bureau and the Office of the Attorney General  sign a Stipulation, agree to an overall average decrease of 1.00% in the average rates, an overall average increase of 8.55% in the existing F-Class, +/-15% classification capping and a 3-tiered expense constant (Stipulation).

04/18/2008 - The Commissioner of Insurance approves the Stipulation. The WCRIBMA issues a Circular with a copy of the Commissioner's Decision and the Stipulation (Circular Letter #2088). The filing exhibits have been revised to reflect the stipulation (Filing Exhibits Revised with Stipulation).

MAY

05/13/2008 - The WCRIBMA issues a Circular with Changes in Manual Rates by Class and Effects of September 1, 2008 Rate Change(Circular Letter #2089).

05/13/2008 - The WCRIBMA issues a Circular with Manual Rates and Rating Values effective September 1, 2008(Circular Letter #2090).

05/14/2008 - The WCRIBMA issues a Circular with the revised Guidelines for Workers' Compensation Rate Deviation Filings (Circular Letter #2092).

SEPTEMBER

09/01/2008 - New Rates and Rating Values become effective.

 

Years

2018 Rate Filing Timeline

2016 Rate Filing Timeline

2014 Rate Filing Timeline

2012 Rate Filing Timeline

2011 Rate Filing Timeline

2010 Rate Filing Timeline

2008 Rate Filing Timeline

2007 Rate Filing Timeline

2005 Rate Filing Timeline

The Workers' Compensation Rating and Inspection Bureau of Massachusetts
101 Arch Street, 5th Floor
Boston, MA 02110