California Approves Experience Rating Changes Effective 1/1/2012

Posted on November 7, 2011 by WorkCompEdge Blog Editor

In conjunction with the January 1, 2012, pure premium rate filing, the California Insurance Commissioner has approved changes to the experience rating method as mentioned in this previous article on the WorkCompEdge blog. The November 4th announcement, Bulletin 2011-09, says in part: Beginning January 1, 2012, “Primary Credibility” and “Excess Credibility” factors will be substituted for [...]

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California 2012 Rate Filing Includes Proposed Experience Rating Plan Changes

Posted on October 11, 2011 by WorkCompEdge Blog Editor

If I didn’t know better, I’d say that the workers compensation bureaus are conspiring to keep those of us analyzing and communicating about mods very busy in 2012. In addition to the coming change in the NCCI split point, it seems likely that California’s bureau, the WCIRB, will be changing its experience rating calculation in [...]

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NCCI Publishes FAQ on Split Point and Maximum Debit Mod Changes

Posted on August 8, 2011 by WorkCompEdge Blog Editor

The official word we’ve been waiting for is here: NCCI has published one of its “FYI Plus” memos on proposed revisions to the experience rating plan primary/excess split point value and to the maximum debit modification formula. The FAQ document, FYI-CW-2011-05, is publicly available here in the Industry Information /Regulatory Activities section of the NCCI site. The FAQ [...]

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How Will Mods Change Under New NCCI Plan Recommendations?

Posted on August 2, 2011 by WorkCompEdge Blog Editor

Editor’s note: Don’t miss our newer articles on this topic : News Regarding the 2013 Split Point Change (from NCCI and Independent Bureau States) 2/8/2012 New Report Estimates Mod Change Due to 2013 Split Point Value 11/16/2011 NCCI Publishes FAQ on Split Point and Maximum Debit Mod Changes 8/8/2011 We’re getting a lot of calls and emails about our previous blog [...]

Filed under: Actuarial and Risk Management Issues, Experience Rating (the Mod) | Tagged: , , , , , , , | 10 Comments »

NCCI Changing Primary-Excess Split Point in Experience Rating Methodology

Posted on May 25, 2011 by WorkCompEdge Blog Editor

Editor’s note: Don’t miss our newer articles on this topic : News Regarding the 2013 Split Point Change (from NCCI and Independent Bureau States) 2/8/2012 New Report Estimates Mod Change Due to 2013 Split Point Value 11/16/2011 NCCI Publishes FAQ on Split Point and Maximum Debit Mod Changes 8/8/2011 How Will Mods Change Under New NCCI Plan Recommendations? 8/2/2011 A few weeks ago, [...]

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On Work Comp’s 100th Birthday: Trends for the Future in Workers Comp and Mod Analysis

Posted on March 1, 2011 by WorkCompEdge Blog Editor

As you may have seen in recent insurance news, the United States workers compensation system turns 100 this year. That milestone is being observed over at Insurance Journal with both a look back – in Christopher Boggs’ article Workers’ Compensation History: The Great Tradeoff! – and with a look to the future in the article [...]

Filed under: Experience Rating (the Mod), General | Tagged: , , | 2 Comments »

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