The following is a timeline of the 2020 Rate Filing Process with links to the underlying documents.

DECEMBER

12/20/2019 - The WCRIBMA submits a Rate Filing (Filing) to the Division of Insurance on behalf of its members recommending a 3.8% decrease in average rates for industrial classes and a 7.0% decrease for F-Classes. The WCRIBMA filed no change to expense constants. The proposed effective date of this filing is July 1, 2020.

12/20/2019 - Circular announces submission of the Rate Filing and a Pending Premium Change Endorsement (Circular Letter #2357).

12/24/2019 - The WCRIBMA issues a Circular with the Notice of Hearing (Circular Letter #2358).

MARCH

03/31/2020 - The Commissioner of Insurance approved the stipulation and the WCRIBMA issues a Circular with a copy of the Commissioners' Decision and the Stipulation(Circular Letter #2362). The filing exhibits have been revised to reflect the stipulation (Filing Exhibits Revised with Stipulation).

03/31/2020 - The WCRIBMA issues a Circular with Changes in Manual Rates by Class and Effects of July 1, 2020 Rate Change (Circular Letter #2363).

03/31/2020 - The WCRIBMA issues a Circular with Manual Rates and Rating Values effective July 1, 2020 (Circular Letter #2364).

APRIL

04/08/2020 - The WCRIBMA issues a Circular with Guidelines for Workers' Compensaition Rate Deviation Filings (Circular Letter #2366).

MAY

05/21/2020 - The WCRIBMA issues a Circular with Updated Guidelines for Workers' Compensation Rate Deviation Filings (Circular Letter #2368).