CIRCULAR LETTER 2827 – JUNE 2, 1999

 

PROCEEDINGS OF THE WISCONSIN RATING COMMITTEE

 

TO: MEMBERS OF THE BUREAU

RE: Proceedings of the Wisconsin Rating Committee

 

Item Number 3790 NCCI Proposal Item R-1356 – 1999 Update to

Retrospective Rating Plan Parameters and Rules

Pursuant to Chapter 626, Wis. Stats., the State of Wisconsin, Office of the Commissioner of Insurance has advised that the action taken by the Rating Committee has been approved effective July 1, 1999, applicable to new and renewal business only. This filing updates the State and Hazard Group Severity Relativities and the U.S.L.&H. Excess Loss Pure Premium Factors of the Retrospective Rating Plan.

Donna Knepper

Executive Secretary