New Rates – February 6, 2015

18 New Pricing Plans Now in Compline Rating …

The big news this week is that Compline has State Fund’s new April rates up and running and is able to calculate right now. So Compline members can get accurate indications – and even schedule rating parameters even though California’s market of last resort isn’t releasing quotes with the new rates for another month. Too bad they don’t have access to Compline rating, huh? SCIF’s filing to the Department says its taking a 5.3% increase, but their news release said 9% and we showed found some Los Angeles Employers will go up as much as 17.5% – before X-Mod hits; Well, this set of filings for the real carriers has, as always some surprises. In other pricing news The Chubb Group is taking overall decreases across its whole fleet. Some of the Liberty Mutual fleet including Ohio Casualty are taking a 3.1% overall increase. Sentry is a mixed bag of increases and decreases. Compline, as always is at your service. Call us at 916-774-4000 – and ask me what we can do for you …
Dale

[XL AMERICAN GROUP] Greenwich Insurance Company files a +2.2% rate increase effective March 1, 2015
Greenwich Insurance Company files to adopt the 1/1/15 WCIRB pure premiums.

[XL AMERICAN GROUP] XL Insurance American, Inc. files a +2.2% rate increase effective March 1, 2015
XL Insurance American, Inc. files to adopt the 1/1/15 WCIRB pure premiums.

[XL AMERICAN GROUP] XL Specialty Insurance Company files a +2.2% rate increase effective March 1, 2015
XL Specialty Insurance Company files to adopt the 1/1/15 WCIRB pure premiums.

[CHUBB INC GROUP] Chubb Indemnity Insurance files a -1.8% rate decrease effective March 1, 2015
Chubb Indemnity Insurance files to adopt the 1/1/15 WCIRB pure premiums, revise its expense constant and revise its minimum premium.

[CHUBB INC GROUP] Chubb National Insurance Company files a -3.2% rate decrease effective March 1, 2015
Chubb National Insurance Company files to adopt the 1/1/15 WCIRB pure premiums, revise its expense constant from $280 to $290, and revise its minimum premium.

[CHUBB INC GROUP] Federal Insurance Company files a +1.7% rate increase effective March 1, 2015
Federal Insurance Company files to adopt the 1/1/15 WCIRB pure premiums, revise its expense constant, and revise its minimum premium.

[CHUBB INC GROUP] Great Northern Insurance Company files a -3.2% rate decrease effective March 1, 2015
Great Northern Insurance Company files to adopt the 1/1/15 WCIRB pure premiums, revise its expense constant, and revise its minimum premium.

[CHUBB INC GROUP] Pacific Indemnity Company files a -1.5% rate decrease effective March 1, 2015
Pacific Indemnity Company files to adopt the 1/1/15 WCIRB pure premiums, revise its expense, and revise its minimum premium.

[CHUBB INC GROUP] Vigilant Insurance Company files a -1.7% rate decrease effective March 1, 2015
Vigilant Insurance Company files to adopt the 1/1/15 WCIRB pure premiums, revise its expense constant, and revise its minimum premium.

** [STATE COMPENSATION INS FUND GROUP] State Compensation Insurance Fund files a +5.3% rate increase effective April 1, 2015
State Compensation Insurance Fund files to adopt the 1/1/15 WCIRB pure premiums, revise its minimum premium, revise its territory factors, and revise its schedule rating plan.

[SENTRY INSURANCE GROUP] Sentry Insurance A Mutual Company files a +0.4% rate increase effective May 1, 2015
Sentry Insurance A Mutual Company files to adopt the 1/1/15 WCIRB pure premiums, introduce territory relativities, revise its minimum premium, and revise its schedule rating plan.

[SENTRY INSURANCE GROUP] Middlesex Insurance Company files a +0.4% rate increase effective May 1, 2015
Middlesex Insurance Company files to adopt the 1/1/15 WCIRB pure premiums, introduce territory relativities, revise its minimum premium, and revise its schedule rating plan.

[SENTRY INSURANCE GROUP] Sentry Select Insurance Company files a -3.4% rate decrease effective May 1, 2015
Sentry Select Insurance Company files to adopt the 1/1/15 WCIRB pure premiums, introduce territory relativities, revise its minimum premium, and revise its schedule rating plan.

Church Mutual Insurance Company files a 0.0% rate change effective June 1, 2015
Church Mutual Insurance Company files to revise its schedule rating plan; the maximum schedule credit/debit increased from 25% to 50%.

[LIBERTY MUTUAL INSURANCE GROUP] The Ohio Casualty Insurance Company files a +3.1% rate increase effective August 1, 2015
The Ohio Casualty Insurance Company files to adopt the 1/1/15 WCIRB pure premiums and revise its minimum premium.

[LIBERTY MUTUAL INSURANCE GROUP] Ohio Security Insurance Company files a +3.1% rate increase effective August 1, 2015
Ohio Security Insurance Company files to adopt the 1/1/15 WCIRB pure premiums and revise its minimum premium.

[LIBERTY MUTUAL INSURANCE GROUP] West American Insurance Company files a +3.1% rate increase effective August 1, 2015
West American Insurance Company files to adopt the 1/1/15 WCIRB pure premiums and revise its minimum premium.

[LIBERTY MUTUAL INSURANCE GROUP] American Fire and Casualty Company files a +3.1% rate increase effective August 1, 2015
American Fire and Casualty Company files to adopt the 1/1/15 WCIRB pure premiums and revise its minimum premium.

-30-