NEWS

Approval Of Addendum To Annual Loss Cost Filing (1)

03/01/2021

The Pennsylvania Insurance Commissioner has approved an addendum to the PCRB’s annual loss cost filing, to be effective 12:01 a.m., April 1, 2021 with respect to new and renewal policies having rating effective dates on or after that date.

This addendum determined expected loss factors for 13 discontinued classifications to be used in the calculation of experience rating modifications for policies containing those classification codes. More information can be found in Circular No. 1762 and in the Addendum to Filing C-378.