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  • MWCIA_Annual_Report_2024.pdf

    from the Minnesota Department of Commerce. CLASSIFICATION CODE SEARCH This application allows the user to search for class codes and descriptions within the Minnesota Classification Index. PRODUCTS... the pure premium base rate schedule by class, calculations used to produce the schedule, and explanations of methods and factors available to amend or complement the rates. The 2025 pure premium
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  • 1st Qtr 2025 Newsletter

    precision will improve accuracy and stability. For example: Under two-decimal precision, a class code with a PPBR of 0.05 can only change by ±20%, either to 0.04 (-20%) or 0.06 (+20%). Under three-decimal precision, a 0.05 PPBR may be updated in increments of ±2%. The PPBR will be more accurate. PPBR changes are balanced to the industry group level. Class codes with small PPBRs typically have large
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  • AR Application

    Registration Program – Warning Notice 1/1/2025 Hardcopy Assigned Risk Application Class Code Search Assigned Risk Premium Calculator AR Contacts Completing an Online Assigned Risk Application
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  • Board of Directors

    in North Carolina.  She attended high school at the North Carolina School of Science and Mathematics graduating in 1986 as a proud member of the 5th graduating class.  She went on to earn a Bachelor of Arts
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  • MCPAP

    Application and Instructions MCPAP Contracting Class Codes/Credit Table Prior Year MCPAP Application and Instructions MCPAP Computer Based Training   All questions and requests for additional
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  • 2026 MCPAP Contracting Class Codes/Credit Table

    Contracting Class Codes 0042 5160 5474 5705 6319 0050 5183 5478 6003 6325 1322 5188 5479 6204 6400 3365 5190 5480 6213 7538 3719 5213 5491 6216 7600 3724 5215 5506 6217 7601 3726 5221 5507 6229 7855 5020 5222 5537 6233 8227 5022 5348 5538 6235 9521 5037 5403 5551 6236 9534 5040 5437 5606 6237 9539 5057 5445 5645 6248 9554 5059 5462 5649 6251 5102 5472 5651 6252 5146 5473 5703 6306 Credit Table
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  • MWCIA 3rd Qtr 2024 Newsletter

    requirements and the MN Dept of Labor and Industry, specifically with proof of coverage reporting. It also ensures credible data for maintaining class rates and establishing overall rate indications
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  • MWCIA 1/1/2025 Assigned Risk Application

    to Insurance Company Audit Class Code Describe by Location the Duties or Employees of Classification USLHW No. of Employees Total Payroll Rate Premium Factor Manual Premium Increased Limits Experience...? (This question must be answered)  Yes  No If “yes,” please provide documentation verifying the payroll amounts listed above. The MWCIA will verify the payroll amounts by class. Coverage may be refused
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  • MWCIA Circular 24-1849 - 1-1-2025 Assigned Risk Rates

    to kathleen.peterson@mwcia.org. 1/1/2025 1/1/2025 1/1/2025 Class Assigned Minimum Class Assigned Minimum Class Assigned Minimum Code Risk Rate Premium Code Risk Rate Premium Code Risk Rate Premium 0005 3.68 282 2081 4.06... Effective New and Renewal January 1, 2025 Page 1Assigned Risk Plan Rates Effective New and Renewal January 1, 2025 1/1/2025 1/1/2025 1/1/2025 Class Assigned Minimum Class Assigned Minimum Class Assigned
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  • MWCIA Circular 24-1847 - 11-1-2024 Assigned Risk Rates

    Effective New and Renewal November 1, 2024 11/1/2024 11/1/2024 11/1/2024 Class Assigned Minimum Class Assigned Minimum Class Assigned Minimum Code Risk Rate Premium Code Risk Rate Premium Code Risk Rate...' COMPENSATION Page 1Assigned Risk Plan Rates Effective New and Renewal November 1, 2024 11/1/2024 11/1/2024 11/1/2024 Class Assigned Minimum Class Assigned Minimum Class Assigned Minimum Code Risk Rate
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  • MWCIA Circular 24-1845 - Informational: 2024 Minnesota Pure Premium Base Rates Update

    information see the attached exhibits, reference the Frequently Asked Questions, or contact the Actuarial Services Department at actuarial@mwcia.org. Exhibit 1: Summary of Changes 62 class codes, containing 28% of latest exposure, had a pure premium base rate decrease. 368 class codes, containing 15% of latest exposure, had a pure premium base rate increase. Impact Range Class Count Class
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  • and Unit Statistical Plan data is the data source for class ratemaking. An adjustment factor is applied to account for the data source and timing differences. This adjustment, the Financial Data.... Why are so many more class pure premium base rates (PPBR) revised upward than downward? Classes with lower exposure in Minnesota were affected more by the error. Classes with lower exposure had
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  • MWCIA Annual Report 2023

    for assigned risk rate information based on the class code of interest. PRODUCTS, SERVICES, COMMUNICATION & EDUCATION HOME | NEXTCARRIER DATA QUALITY REPORT MWCIA provides Carrier Data Quality... information that reflects the most up-to-date rate data available from the Minnesota Department of Commerce. CLASSIFICATION CODE SEARCH This application allows the user to search for class codes
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  • MWCIA Newsletter - 1st Quarter 2024

    ’ compensation industry has seen an expansion of payrolls. Additionally, we’ve generally seen a downward trend in system costs. The combination of these two factors resulted in the PPBRs of some class codes falling below $0.10 per $100 of payroll. These class codes are nicknamed “penny codes.” Currently, PPBRs are rounded to the nearest cent, or hundredth. This means a change of 10% or more is needed
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  • MWCIA Circular 24-1836 - Decimal Extension of Pure Premium Base Rates & Expected Loss Rates

    Minnesota Ratemaking Report. The workers’ compensation industry has seen a rise in the payroll exposure base and a decline in rating levels. The impact of these trends results in some class codes
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  • How do I determine a class code for a business?

    FAQ

    You classify the business of the employer within the state, not separate employments, occupations, or operations within the business. For specific codes, refer to the Classification section of the Minnesota Basic Manual or the Classification Search tool, both found on our website.

  • Can we add a Waiver of Subrogation to our policy?

    FAQ

    1. A risk may be eligible to request that the Waiver of Our Right To Recover Endorsement - WC 00 03 13 (waiver of subrogation) be applied to a specific job only.
      1. The risk must provide the Servicing Carrier with the following information:
         
        1. job location;
        2. a copy of the construction contract;
        3. duration of the job (including beginning date and ending date);
        4. a description of the work to be performed;
        5. the estimated payroll dollars expended on the job;
        6. the class code(s) of the employees on the job;
        7. and the number of employees on the job.
      2. The inclusion of this endorsement will generate an additional premium charge of 5% of the payroll for the specific job times the appropriate classification rate(s), divided by 100; subject to a minimum premium charge of $100.
      3. Contact your servicing carrier for further information.

  • Minnesota Basic Manual

    be assigned to the class that specifically describes the operation only if separate payroll records are maintained for each operation. If separate payroll records are not maintained for any
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  • MWCIA Circular 23-1828 - 1-1-2024 Assigned Risk Rates

    January 1, 2024 1/1/2024 1/1/2024 1/1/2024 Class Assigned Minimum Class Assigned Minimum Class Assigned Minimum Code Risk Rate Premium Code Risk Rate Premium Code Risk Rate Premium 0005 3.93 288... Risk Plan Rates Effective New and Renewal January 1, 2024 1/1/2024 1/1/2024 1/1/2024 Class Assigned Minimum Class Assigned Minimum Class Assigned Minimum Code Risk Rate Premium Code Risk Rate Premium
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  • COVID-19 Losses by Class

    COVID-19 Losses by Class Unit Statistical Data The following charts are policy year and accident year summaries of COVID losses by class reported on unit statistical data. COVID losses are defined by cause of injury 83 and nature of injury 83. Classes with data from more than two carriers are detailed. The All Class Code metric includes all losses. The data, reported as of March 23
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  • Circular Letter 23-1826

    September 5, 2023 | Circulars

    COVID-19 Losses by Class

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  • MWCIA Circular 23-1826 - COVID-19 Losses by Class

    September 5, 2023 ALL ASSOCIATION MEMBERS Circular Letter No. 23-1826 RE: COVID-19 Losses by Class MWCIA would like to announce COVID-19 Losses by Class are available on our website www.mwcia.org under the Carriers, COVID-19 dropdown. This report contains policy year and accident year summaries of COVID-19 losses by class reported on unit statistical data. If you have questions, please
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  • Ratemaking Report

    Ratemaking Report The Ratemaking Report contains the pure premium base rate schedule by class, calculations used to produce the schedule, and complete explanations as to some... of Reports are available. Pure Premium Base Rates The pure premium base rates and rating values for all classes are available to assist carriers in the mechanics of generating complete individual class
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  • rates with NO deviations by class, complete the following: the multiplier is: the expense constant is: the largest rate increase for any class is: the smallest rate change for any class... is: the expense constant is: the largest rate increase for any class is: the smallest rate change for any class is: The company must attach • The Class Deviation Filing Form DOC-WC-2
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  • MWCIA Circular 23-1822 - INFORMATIONAL FILING NCCI ITEM E-1409 —ENHANCEMENT TO NCCI'S EXPERIENCE RATING PLAN METHODOLOGY

    to increase equity across employers of different sizes D-Ratio Specificity By class code By hazard group Informational Exhibit 1-A Exhibit 1-A details the credibility formula recalibration
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  • MWCIA - 2016 Minnesota Stat Plan Manual - Effective 7-1-2023

    ’ Compensation Insurers Association, Inc. 1/2017 No claim may be assigned to any classification code unless premium has also been reported for that class. On losses, report the classification code under... impact an employer’s staffing or business operations, report the applicable exposure and premium in the class code(s) and the Estimated Audit Code as an “N.” 9. Manual/Charged Rate Report
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  • MWCIA Circular 23-1821 - NCCI ITEM B-1447— Revisions to Manual Rules Related to the COVID-19 (Coronavirus) Pandemic – Paid Furloughed Employees and Final Premium Reporting

    in the class code(s) and the Estimated Audit Code as an “N.” This rule is effective March 1, 2020. This rule will continue to remain in effect and will not expire until determined at a later date... and premium in the class code(s) and the Estimated Audit Code as an “N.” Adding effective dates. B-1447—Revisions to Manual Rules Related to the COVID-19 (Coronavirus) Pandemic Effective July 1, 2023
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  • MWCIA Annual Report 2022

    RATES SEARCH This application allows customers to search for assigned risk rate information based on the class code of interest. PRODUCTS, SERVICES, COMMUNICATION & EDUCATION ENHANCE CARRIER... the user to search for class codes and descriptions within the Minnesota Classification Index. Searches can be performed by number or word search. DISASTER RECOVERY PLANNING MWCIA maintains
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