The following is a timeline of the 2022 Rate Filing Process with links to the underlying documents.

DECEMBER

12/20/2021 - The WCRIBMA submits a Rate Filing (Filing) to the Division of Insurance on behalf of its members recommending a 2.7% increase in average rates for industrial classes and a 3.4% decrease for F-Classes. The WCRIBMA filed no change to expense constants. The proposed effective date of this filing is July 1, 2022.

12/20/2021 - Circular announces submission of the Rate Filing and a Pending Premium Change Endorsement (Circular Letter #2394).

JANUARY

01/14/2022 - The WCRIBMA issues a Circular with the Notice of Hearing (Circular Letter #2397).

APRIL

04/22/2022 - 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 #2398). The filing exhibits have been revised to reflect the stipulation (Filing Exhibits Revised with Stipulation).

04/22/2022 - The WCRIBMA issues a Circular with Changes in Manual Rates by Class and Effects of July 1, 2022 Rate Change (Circular Letter #2399).

04/22/2022 - The WCRIBMA issues a Circular with Manual Rates and Rating Values effective July 1, 2022 (Circular Letter #2400).

MAY

05/10/2022 - The WCRIBMA issues a Circular with guidelines for Workers' Compensation Rate Deviation Filings (Circluar Letter #2401).