b'WCRB 2018 ANNUAL REPORTThe State of Wisconsin, Office of the Commissioner of Insurance approved an overall decrease in rate level of 8.84%. In addition to the premium level adjustment, the following changes were approved: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 $7,500; increase in split point from $16,500 to $17,000; increase in per claim accident limitation from $241,000 to $247,500; overall decrease in premium level of 2.80% in F classifications; increase in the annual remuneration used to calculate premiums for sole proprietors and partners from $51,688 to $52,832; increase in the value of lodging received by employees as part of their pay to $141.13 per week or $20.16 per day; the value of meals increased to $127.09 per week or $6.05 per meal; increase in the maximum remuneration for executive officers to$1,524 per week; increase in the minimum remuneration for executive officers to $305 per week; decrease in the Retrospective Rating Tax Multiplier from 1.077 to 1.073 for F classes; no change in the Retrospective Rating Tax Multiplier of 1.039 forstate classes; decrease in the USLH&W percentage from 61% to 60%; no change in the rate option of $0.00, $0.01, or $0.02 per $100 of payroll for terrorism coverage (TRIA); assigned risk policies arecharged $0.02 per $100 of payroll; no change in the rate option of $0.00 or $0.01 per $100 of payrollfor catastrophe (other than Certified Acts of Terrorism); assigned risk policies are charged $0.01 per $100 ofpayroll.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 2018, 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.'