IL Company Bulletin 2016-08
All Illinois Licensed Workers’ Compensation Companies : Additional Information Request for 2017 NCCI Rate Filing Response
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# Illinois Department of Insurance
BRUCE RAUNER
Governor
ANNE MELISSA DOWLING
Acting Director
TO: All Illinois Licensed Workers' Compensation Companies
FROM: Anne Melissa Dowling, Acting Director of Insurance
DATE: October 11, 2016
RE: COMPANY BULLETIN CB# 2016-08
AMD
JSD
Please be advised that beginning with the effective date of January 1, 2017, all companies must provide their overall workers' compensation book of business rate deviation from the National Council on Compensation Insurance (NCCI) recommended rates when filing their proposed rate change. The Department requests this information be provided within the SERFF filing as part of the general information tab.
For example:
| IF: | THEN: |
| --- | --- |
| Company matches/uses NCCI's rates: | Company indicates the difference from NCCI rates is 0.0%. |
| Company uses NCCI's rate with modifications | Company provides overall percentage difference from NCCI rates. |
| Company does not use NCCI rates | Company does not need to provide percentage. |
Please direct questions regarding this bulletin to Erica Weyhenmeyer at erica.weyhenmeyer@illinois.gov.