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Actuarial Financial Calls

  • My company holds a license to write workers' compensation insurance in Minnesota but we have never written any WC business. Do we have to complete the Financial Calls?

    FAQ

    No, completion of the call forms isn't necessary.  However, every insurance company licensed to write workers' compensation insurance in the state of Minnesota MUST complete and file the Acknowledgment Form.

  • How can I access submitted Acknowledgment Forms?

    FAQ

    Submitted Acknowledgment Forms can be accessed upon logging into ACCEDE under Acknowledgment List.

  • Where can I access ACCEDE reference materials, including specific instructions on how to complete the annual financial calls for Minnesota?

    FAQ

    Instructions for completing the calls can be found on the ACCEDE page of our website located at https://www.mwcia.org/Pages/ACCEDE.

  • How do I find the MWCIA Group Administrator?

    FAQ

    Web Membership account holders can find their Group Administrator under the username and profile information on the top right corner. If you need a Web Membership account, please send an email to actuarial@mwcia.org.

  • Where can I find information on which premium components are included or excluded from the Financial Calls?

    FAQ

    Part 4 of the Aggregate Financial Data Reporting Guidebook contains details on which premium components are included in the three earned premium types included on the Financial Calls.

  • Are we to include or exclude TRIA Terrorism premium from the Policy Year and Accident Year Call submissions in ACCEDE?

    FAQ

    As stated in the Minnesota Aggregate Financial Data Reporting Handbook, "premium generated and losses arising from the Terrorism Risk Insurance Act of 2002 are excluded from the standard financial calls."

  • Are claims associated with COVID-19 included in the Financial Calls?

    FAQ

    Claim experience associated with Extraordinary Loss Event (ELE) Catastrophe Code 12 must be included in all Calls.  Specifically, all COVID-19 claims greater than zero must be included in the Large Loss and Catastrophe Call—LL Call. Please follow the applicable date range for reporting Catastrophe 12 claims as detailed in Circulars 20-1768 (E-1407) and 23-1820 (E-1410).

  • Do we have to submit accident year and policy year large deductible calls in ACCEDE even if we have no information for them?

    FAQ

    No, only complete the calls for which you have data to submit.

  • What expenses are considered DCCE?

    FAQ

    Please see Part 4, Section D of the Minnesota Aggregate Financial Data Reporting Guidebook for details.

  • Can I access the Self Audit Form?

    FAQ

    Yes, the Self Audit form can be accessed upon logging into ACCEDE under Self Audit on the left panel.

  • Is there a fining program associated with Financial Calls?

    FAQ

    Yes.  Please refer to Part 10 of the Minnesota Aggregate Financial Data Reporting Handbook for details.