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PA Bulletin, Doc. No. 19-1339

NOTICES

INSURANCE DEPARTMENT

Pennsylvania Compensation Rating Bureau; Filing for Rate and Rule Manual Revisions

[49 Pa.B. 5080]
[Saturday, August 31, 2019]

 On August 2, 2019, the Insurance Department received from the Pennsylvania Compensation Rating Bureau (Bureau) a filing that proposes revisions to the Bureau's underwriting guide for classifications 676—Sheet Metal Installation and 454—Sheet Metal Products Fabrication, N.O.C. Shop Only.

 Currently, assignment to Classification 676 applies to payroll for employers engaged in both the shop fabrication and installation of sheet metal products.

 The filing is proposing to restructure Classification 676 to separate the payroll for shop manufacturing and installation of sheet metal products. The payroll for shop manufacturing will now be assigned to code 454 and the payroll for installation will continue to be assigned to 676. The payroll reassigned to Classification 454 represents a rating value decrease of 45.1% based on the currently approved Bureau loss costs. The currently approved loss cost for Classification 454 is $1.90 and the currently approved loss cost for Classification 676 is $3.46.

 The filing is available for review on the Bureau's web site at www.pcrb.com in the ''Filings'' section. It is designated as Bureau Filing No. 300.

 Interested parties are invited to submit written comments, suggestions or objections to Dennis Sloand, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, desloand@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.

JESSICA K. ALTMAN, 
Insurance Commissioner

[Pa.B. Doc. No. 19-1339. Filed for public inspection August 30, 2019, 9:00 a.m.]


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