WCRIBMA Special Bulletin: Residual Market Loss Ratio & Burden Estimate — April 2019

    Posted by MAIA on April 9, 2019

    The MA Workers’ Compensation Rating and Inspection Bureau (WCRIBMA) released Special Bulletin 04-19, Residual Market Loss Ratio and Burden Estimate.  Residual Market Burden is a measure of the pool-related cost that pool members incur when writing assessable voluntary business. 

    For policy year 2018, the Residual Market Burden is estimated to be 0.78%. The bulletin explains how the estimate was determined.  

    Read the full details here: SPECIAL BULLETIN NO. 04-19: RESIDUAL MARKET LOSS RATIO AND BURDEN ESTIMATE

    Find all WCRIB Bulletins at the WCRIB Website, under the Tools section, Circulars - Bulletins - Notices

     

    Topics: The Massachusetts Agent, Industry News

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