Change to Three Decimals for Loss Costs and Expected Loss Rates
The Pennsylvania Compensation Rating Bureau (PCRB) is proposing to extend the decimal precision of ratemaking and experience rating values from two decimal places (X.XX) to three decimal places (X.XXX) for loss costs and expected loss rates. This change will be included in the Annual Loss Cost Filing effective April 1, 2026.
Read Entry04/04/2024