Pennsylvania Compensation Rating Bureau (PCRB) will introduce Open Certification as a new annual process for Carrier Group Administrators to review, update, and certify their organizations' information beginning October 1.
Published
Signal category
Products & Services
Quote
“Beginning October 1, PCRB will introduce Open Certification—a new annual process that makes it easier for Carrier Group Administrators (CGAs) to review, update and certify their organizations' information.”
— Pennsylvania Compensation Rating Bureau (PCRB) team
Company
- Industry
- Insurance
- Location
- Philadelphia, US
- Company size
- 106 employees
The PCRB is a non-profit corporation formed in 1915 in accordance with the insurance laws of Pennsylvania and is not affiliated with state government. The PCRB’s enabling statute specified that classification of employers, underwriting rules, policy forms, loss cost values and rating plans for workers compensation shall be proposed by a rating bureau situated within the state. The PCRB is subject to supervision and examination by the Pennsylvania Insurance Commissioner, who must approve its ability to compile loss costs on an equitable and impartial basis. The PCRB membership is comprised of all insurance carriers, including the State Workers’ Insurance Fund ("SWIF"), authorized to sell workers compensation insurance in Pennsylvania. To learn more, visit our website at www.pcrb.com . The DCRB is a non-profit corporation formed in 1917 in accordance with the insurance laws of Delaware and is not affiliated with state government. The DCRB’s enabling statute specified that classification of employers, underwriting rules, policy forms, loss cost values and rating plans for workers compensation shall be proposed by a rating bureau. The DCRB is subject to supervision and examination by the Delaware Insurance Commissioner, who must approve its ability to compile loss costs and assigned risk rates on an equitable and impartial basis. The DCRB membership is comprised of insurance carriers authorized to sell workers compensation insurance in Delaware. To learn more, visit our website at www.dcrb.com .
Founded 1915