Premium Rates Manuals
Every year, we publish a Premium Rates Manual. This manual lists the current year's premium rates and describes, with extensive supporting documentation, how we determine these rates for each rate group. Tables for each rate group show
- A five-year history and two-year projection of injury rates, insurable earnings and other related information.
- Premium rate components, including cost of new claims, overhead expenses, unfunded liability, and gain/loss.
- A breakdown of overhead costs, including legislative and related health and safety obligations.
In addition, the manual lists any recent changes to the classification scheme.
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