The following is a timeline of the 2025 Rate Filing Process with links to the underlying documents.
NOVEMBER
11/15/2024 - The WCRIBMA submits a Rate Filing (Filing) to the Division of Insurance on behalf of its members recommending an 7.1% increase in average rates for industrial classes and a 3.7% decrease for F-Classes. The WCRIBMA filed no change to expense constants. The proposed effective date of this filing is July 1, 2025.
11/15/2024 - Circular announces submission of the Rate Filing and a Pending Premium Change Endorsement (Circular Letter #2441).
DECEMBER
12/17/2024 - The WCRIBMA issues a Circular with the Notice of Hearing (Circular Letter #2442).
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