| RELEASE DATE | CATEGORY | TITLE | DESCRIPTION |
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09/11/2024
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Legislative Activity
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cl2433 - Department of Industrial Accidents - Reminder - Revised Workers Compensation Notice to Employee Poster
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The DIA is reminding carriers that on or before September 16, 2024, all employers must utilize and repost the revised Notice to Employee poster.
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08/21/2024
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Residual Market
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sb08-24 - Updated Information on Residual Market Share
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Latest residual market share estimate. Data as of 8/15/24.
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07/31/2024
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Residual Market
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sb07-24 - Residual Market Loss Ratio and Burden Estimate
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The Pool Reserving Committee estimate (as of 3/31/24) of the Massachusetts loss ratio for policy year 2023 is 75% with a resulting residual market burden of 1.62%.
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07/02/2024
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Residual Market
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sb06-24 - Updated Information on Residual Market Share
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Latest residual market share estimate. Data as of 6/15/24.
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07/01/2024
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Rates and Values
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cl2432 - Manual Rates and Rating Values Effective July 1, 2024
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Attached find the July 1, 2024 manual rates and rating values.
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07/01/2024
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Rates and Values
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cl2431 - Changes in Manual Rates by Class and Effects of July 1, 2024 Rate Change
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Attached find the changes in manual rates by class and a summary of the effects of the July 1, 2024 rate change.
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07/01/2024
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Rates and Values
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cl2430 - General Revision of Rates, Effective July 1, 2024 Applicable to New and Renewal Business
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The Commissioner of Insurance has ordered a general revision of workers’ compensation rates, effective 12:01 A.M., July 1, 2024, applicable to new and renewal policies.
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06/27/2024
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Legislative Activity
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cl2429 - Department of Industrial Accidents Assessment
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DIA Assessment rates effective July 1, 2024 are announced.
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06/07/2024
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Rates and Values
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cl2428 - Guidelines for Workers' Compensation Rate Deviation Filings to be Effective on or after July 1, 2024
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Attached are the guidelines recently released by the Division of Insurance.
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04/25/2024
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Residual Market
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sb05-24 - Residual Market Loss Ratio and Burden Estimate
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The Pool Reserving Committee estimate (as of 12/31/23) of the Massachusetts loss ratio for policy year 2023 is 75% with a resulting residual market burden of 1.70%.
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04/25/2024
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Residual Market
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sb04-24 - Updated Information on Residual Market Share
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Latest residual market share estimate. Data as of 4/15/24.
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03/19/2024
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Residual Market
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sb03-24 - Policy Year 2021 Final VDAC Reapportionment
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In accordance with the VDAC Program, the WCRIBMA is implementing the Final Reapportionment for policy year 2021.
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02/28/2024
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Residual Market
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sb02-24 - Updated Information on Residual Market Share
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Latest residual market share estimate. Data as of 2/15/24.
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02/06/2024
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Residual Market
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sb01-24 - Residual Market Loss Ratio and Burden Estimate
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The Pool Reserving Committee estimate (as of 9/30/23) of the Massachusetts loss ratio for policy year 2022 is 75% with a resulting residual market burden of 1.73%.
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01/24/2024
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Data Reporting
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cl2427 - Sunsetting of COVID-19 Pandemic Provisions
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The WCRIBMA and DOI have established an end date of December 31, 2023 for certain COVID-19 provisions.
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01/16/2024
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Rates and Values
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cl2426 - Notice of Hearing
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The Hearing on the Rate Filing will be held virtually at 11:00 A.M., on Wednesday, February 7, 2024.
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