RATE REVISION The October 1, 2017 filing proposed an overall premium level decrease of 8.46%, which, by industry group, was comprised of decreases of 9.28% for manufacturing; 8.28% for contracting; 8.83% for goods and services; 8.64% for office and clerical; and 6.45% for miscellaneous. The filing also included an overall decrease of 14.50% for "F" classifications. The Office of the Commissioner of Insurance approved these changes. Other proposed changes incorporated into the rate filing were: no change in the maximum minimum premium of $900; no change in the minimum premium multiplier of 180; no change in the expense constant of $220; no change in the premium threshold for experience rating eligibility of $7,250 no change in split point of $16,000; an overall decrease in premium level of 14.50% in “F” classifications; an increase in the annual remuneration used to calculate premiums for sole proprietors and partners from $48,672 to $49,972; an increase in the value of lodging received by employees as part of their pay to $133.49 per week or $19.07 per day, the value of meals increased to $120.21 per week or $5.72 per meal; an increase in the maximum remuneration for executive officers to $1,442 per week; an increase in the minimum remuneration for executive officers to $288 per week; increase in the Retrospective Rating Tax Multiplier from 1.071 to 1.072 for “F” classes; increase in the Retrospective Rating Tax Multiplier from 1.039 to 1.041 for state classes; decrease in the USLH&W percentage from 61% to 59%; no change in the rate option of $0.00, $0.01, or $0.02 per $100 of payroll for terrorism coverage (TRIPRA); assigned risk policies are charged $0.02 per $100 of payroll; no change in the rate option of $0.00 or $0.01 per $100 of payroll for catastrophe (other than Certified Acts of Terrorism); assigned risk policies are charged $0.01 per $100 of payroll. The Bureau contracted with Milliman, Inc. to assist in the collection of statistical data, the pricing of legislation, and the actuarial development of the filing submitted. Milliman, Inc. staff also provided expert analysis and advice to the Actuarial Subcommittee of the Bureau, which met with the representatives of the Office of the Commissioner of Insurance in 2017, both on rate filings submitted and on methodology to be used in rate filings. The Office of the Commissioner of Insurance representatives provided valuable input in the format followed in preparing the filing.