new 262-796-4540 fax 262 -796 -4400 p.o. box 3080 … · 2020. 7. 16. · located at 20700 swenson...

CIRCULAR LETTER 3217—July 16, 2020

PROCEEDINGS OF THE WISCONSIN RATING COMMITTEE

TO: MEMBERS OF THE BUREAU The State of Wisconsin, Office of the Commissioner of Insurance has approved an overall decrease in rate level of 0.93%. Attached is a copy of the revised rates and rating values effective October 1, 2020, applicable to new and renewal business only. In addition to the premium level adjustment, the following changes were approved. While the Commissioner’s letter of approval is dated July 9, WCRB received notification of approval as of July 16: NOTE: The rates are effective for new and renewal policies effective 10-1-20 and later. Rate download can be found on our website. Notice to Carriers will be sent on policies not charging the correct rates.

• no change in the maximum minimum premium of $900; • no change in the minimum premium multiplier of 180; • no change in the expense constant of $220; • increase in the premium threshold for experience rating eligibility from $7,500 to $7,750; • no change in split point of $17,000; • increase in per claim accident limitation from $247,500 to $249,500; • overall decrease in premium level of 8.60% in “F” classifications; • increase in the annual remuneration used to calculate premiums for sole proprietors and

partners from $52,832 to $54,652; • increase in the value of lodging received by employees as part of their pay to $145.99 per

week or $20.86 per day; the value of meals increased to $131.47 per week or $6.26 per meal;

• increase in the maximum remuneration for executive officers to $1,577 per week; • increase in the minimum remuneration for executive officers to $315 per week; • increase in the Retrospective Rating Tax Multiplier from 1.073 to 1.075 for “F” classes; • no change in the Retrospective Rating Tax Multiplier of 1.039 for state classes; • increase in the USLH&W percentage from 60% to 61%; • no change in the rate option of $0.00, $0.01, or $0.02 per $100 of payroll for terrorism

coverage (TRIA); assigned risk policies are charged $0.02 per $100 of payroll; • no change in the rate option of $0.00 or $0.01 per $100 of payroll for catastrophe (other

than Certified Acts of Terrorism); assigned risk policies are charged $0.01 per $100 of payroll.

Jaclyn de Medicci

Bureau Liaison

262-796-4540 Fax 262-796-4400 www.wcrb.org

P.O. Box 3080 Milwaukee, WI 53201-3080

Located at 20700 Swenson Drive, Suite 100, Waukesha, WI 53186

Effective Date October 1, 2020

Industrial Classifications

Overall Proposed Change in Premium Level- New and Renewal Policies -0.93%

PremiumA. By Component Level Change

Experience, Trend & Benefits -1.63%Change in Production & General Expenses -0.07%Change in Loss Based Expenses +0.78%Overall Premium Level Change -0.93%

Offset for Change in Expense Constant +0.00%

Overall Rate Level Change -0.93%

RateB. Rate Level Change By Industry Group Level Change

Manufacturing -1.52%Contracting -3.21%Office & Clerical -1.13%Goods & Services +0.16%Miscellaneous +0.66%Overall -0.93%

INDUSTRIAL CLASSIFICATION SUMMARY

WISCONSIN

EXHIBIT 1

2


"F" Classifications

Overall Proposed Change in Premium Level- New and Renewal Policies -8.60%

PremiumA. By Component Level Change

Experience, Trend & Benefit -9.40%Change in Production & General Expenses -0.07%Change in Loss Based Expenses +1.00%Overall -8.60%

EXHIBIT 2

"F" CLASSIFICATION SUMMARY

WISCONSIN

3


Summary of Miscellaneous ChangesCurrent Proposed

Expense Constant $220 $220Minimum Premium Multiplier 180 180Maximum Minimum Premium $900 $900Tax Multipliers:

State 1.039 1.039Federal 1.073 1.075

USL&HW %Difference in Benefits 53.6% 53.9%Difference in Loss Based Expenses 4.3% 4.6%Combined USL&HW % 60.0% 61.0%

WISCONSIN

EXHIBIT 3

MISCELLANEOUS CHANGES SUMMARY

4

EXHIBIT 4

WISCONSIN

WORKERS' COMPENSATION AND EMPLOYERS LIABILITY

Effective October 1, 2020 Page S1CLASS MIN D CLASS MIN D CLASS MIN DCODE RATE PREM ELR RATIO CODE RATE PREM ELR RATIO CODE RATE PREM ELR RATIO

0005 4.77 900 2.26 0.36 2143X 4.56 900 2.19 0.37 3064 5.08 900 2.40 0.350006X 4.25 900 2.02 0.35 2157 3.04 767 1.44 0.35 3066X 3.69 884 1.75 0.360008X 5.31 900 2.45 0.33 2174 4.59 900 2.18 0.36 3076X 3.42 836 1.65 0.370016 10.20 900 4.55 0.31 2220 2.28 630 1.07 0.35 3081 6.04 900 2.70 0.310034 4.50 900 2.13 0.35 2288 7.72 900 3.70 0.37 3082 9.10 900 4.10 0.32

0035 3.07 773 1.47 0.37 2302 3.55 859 1.68 0.35 3085 6.30 900 2.83 0.310042X 8.43 900 3.83 0.33 2305 7.32 900 3.37 0.32 3110 12.84 900 6.07 0.350050 8.00 900 3.78 0.35 2361 1.01 402 0.47 0.35 3111 2.96 753 1.40 0.350079X 3.37 827 1.51 0.31 2362 2.70 706 1.28 0.35 3113 2.05 589 0.97 0.350106 9.98 900 4.32 0.27 2380X 3.50 850 1.65 0.35 3114 7.05 900 3.34 0.36

0108X 4.56 900 2.05 0.31 2388 2.88 738 1.39 0.37 3118 1.84 551 0.89 0.370113 3.11 780 1.47 0.35 2402 5.73 900 2.56 0.31 3119 1.74 533 0.86 0.400170 2.80 724 1.33 0.36 2413 2.99 758 1.41 0.35 3122 3.30 814 1.59 0.370251 3.77 899 1.76 0.35 2417 2.65 697 1.25 0.35 3126 5.81 900 2.74 0.350771N 0.84 -- -- -- 2501 3.08 774 1.46 0.36 3131 3.74 893 1.78 0.36

0908P 116.00 336 54.65 0.35 2503 2.39 650 1.15 0.37 3132 1.84 551 0.87 0.360913P 246.00 466 115.97 0.35 2534 3.04 767 1.47 0.37 3145 2.70 706 1.28 0.350917 7.79 900 3.75 0.37 2570 6.33 900 3.03 0.37 3146X 3.19 794 1.51 0.361164 2.19 614 0.92 0.27 2585 4.46 900 2.15 0.37 3169 2.30 634 1.09 0.351165 3.04 767 1.30 0.27 2586 3.79 900 1.80 0.36 3179 2.30 634 1.11 0.37

1320 2.35 643 1.01 0.27 2587 3.61 870 1.73 0.37 3180 2.16 609 1.04 0.371430 3.68 882 1.62 0.30 2600 5.66 900 2.74 0.38 3188 4.22 900 2.03 0.371438 9.08 900 3.94 0.27 2623 8.55 900 3.95 0.33 3220 1.11 420 0.52 0.351452 1.55 499 0.69 0.31 2651 7.41 900 3.55 0.37 3224X 6.77 900 3.26 0.371463 12.14 900 5.23 0.27 2660 5.73 900 2.76 0.37 3227X 5.79 900 2.79 0.37

1624 2.68 702 1.15 0.27 2688 2.31 636 1.11 0.37 3241 1.01 402 0.48 0.351642X 3.68 882 1.64 0.31 2702X 73.21 900 30.70 0.27 3255 2.43 657 1.20 0.401654X 5.34 900 2.40 0.31 2709X 9.58 900 4.03 0.27 3257 4.28 900 2.02 0.351699 1.95 571 0.87 0.31 2710X 11.88 900 5.16 0.27 3270 6.04 900 2.85 0.351701 4.69 900 2.09 0.31 2714 3.91 900 1.88 0.37 3300 8.97 900 4.25 0.36

1710X 5.22 900 2.32 0.31 2731 5.00 900 2.25 0.31 3303 3.29 812 1.57 0.371741X 0.67 341 0.30 0.31 2735 6.40 900 3.05 0.37 3307 5.71 900 2.71 0.351747 1.20 436 0.54 0.31 2759 7.10 900 3.43 0.38 3315 4.54 900 2.19 0.381748 1.74 533 0.77 0.31 2790 3.03 765 1.46 0.37 3334 3.30 814 1.54 0.341803X 11.20 900 4.83 0.27 2797 7.18 900 3.32 0.33 3336 4.92 900 2.20 0.31

1924 5.29 900 2.53 0.37 2799 5.78 900 2.44 0.27 3365 7.75 900 3.42 0.311925 8.07 900 3.73 0.33 2802X 5.13 900 2.37 0.33 3372 3.86 900 1.78 0.332002 5.37 900 2.58 0.37 2835 4.67 900 2.30 0.39 3373 4.04 900 1.90 0.352003 4.25 900 2.01 0.35 2836 4.31 900 2.13 0.40 3383 1.71 528 0.82 0.372014 6.43 900 2.88 0.31 2841X 7.08 900 3.42 0.38 3385 1.46 483 0.70 0.37

2016 2.05 589 0.99 0.37 2881 6.46 900 3.20 0.40 3400X 4.72 900 2.18 0.332021 4.17 900 1.93 0.33 2883 3.87 900 1.83 0.35 3507 3.73 891 1.76 0.352039 3.50 850 1.68 0.37 2915 4.23 900 1.94 0.32 3515 4.13 900 1.96 0.362041 3.14 785 1.51 0.37 2916 8.71 900 3.76 0.27 3548 1.35 463 0.64 0.352065 2.96 753 1.40 0.35 2923 4.12 900 1.98 0.37 3559 3.06 771 1.44 0.35

2070 3.48 846 1.65 0.35 2960 4.39 900 2.08 0.35 3574 2.56 681 1.22 0.372081 12.00 900 5.70 0.36 3004 4.44 900 1.99 0.31 3581 0.81 366 0.39 0.372089 5.11 900 2.42 0.36 3018 4.12 900 1.85 0.31 3612 2.73 711 1.27 0.332095 4.64 900 2.20 0.36 3022 8.15 900 3.87 0.36 3620 3.47 845 1.55 0.312105 8.76 900 4.21 0.37 3027 8.06 900 3.64 0.32 3629 2.52 674 1.21 0.37

2110X 1.89 560 0.91 0.38 3028 3.22 800 1.53 0.36 3632X 3.42 836 1.58 0.332111X 2.95 751 1.42 0.37 3030 6.64 900 2.97 0.31 3634 2.78 720 1.34 0.372112 3.78 900 1.81 0.37 3040 5.49 900 2.46 0.31 3635 3.13 783 1.48 0.362121 3.21 798 1.52 0.35 3041 3.48 846 1.65 0.36 3638 1.84 551 0.88 0.372131 1.27 449 0.60 0.35 3042 3.01 762 1.39 0.33 3642 2.59 686 1.22 0.35

Refer to the Footnotes Page for additional information on class codes ending in C, F, L, M, N, P, X, or # or for rates labeled a.Note: D-ratios reflect a $17,000 split point. 6/2020

5

EXHIBIT 4

WISCONSIN



3643 3.34 821 1.58 0.36 4420 10.82 900 4.66 0.27 5402 9.93 900 4.69 0.373647 10.32 900 4.73 0.32 4431 3.55 859 1.75 0.40 5403X 9.34 900 3.97 0.273648X 1.69 524 0.82 0.37 4432 1.43 477 0.71 0.39 5437 10.04 900 4.42 0.313681 1.22 440 0.59 0.37 4452X 3.43 837 1.63 0.35 5443 5.32 900 2.47 0.353685 1.11 420 0.53 0.37 4459 2.16 609 1.03 0.36 5445 5.80 900 2.46 0.27

3719 2.97 755 1.21 0.26 4470 1.87 557 0.89 0.36 5462 9.87 900 4.33 0.313724X 5.06 900 2.16 0.27 4484 2.72 710 1.29 0.36 5474 8.06 900 3.42 0.273726 6.01 900 2.48 0.27 4493 5.66 900 2.64 0.34 5478X 12.58 900 5.50 0.313803 1.61 510 0.76 0.35 4511 0.85 373 0.39 0.33 5479X 8.39 900 3.81 0.323807 2.13 603 1.03 0.37 4557 1.63 513 0.78 0.37 5480 8.91 900 3.77 0.27

3808 1.77 539 0.82 0.33 4558 2.23 621 1.05 0.35 5491 2.17 611 0.92 0.273821X 12.22 900 5.64 0.33 4568 1.58 504 0.71 0.31 5507X 6.21 900 2.63 0.273822 17.25 900 7.92 0.32 4583X 3.29 812 1.43 0.27 5535X 8.80 900 3.87 0.313824X 4.66 900 2.15 0.33 4611 1.63 513 0.78 0.38 5537 4.36 900 1.92 0.313826 1.71 528 0.81 0.35 4635 5.58 900 2.35 0.27 5551 22.17 900 9.17 0.27

3827X 2.85 733 1.31 0.33 4653 1.45 481 0.70 0.37 5606 1.72 530 0.73 0.273830a a a a a 4665 4.79 900 2.14 0.31 5610 6.44 900 2.99 0.353851 1.71 528 0.82 0.37 4683 1.73 531 0.81 0.34 5645X 14.55 900 6.20 0.273865 1.03 405 0.51 0.40 4686 2.34 641 1.05 0.31 5703 24.07 900 10.47 0.303881 7.57 900 3.57 0.35 4692 0.96 393 0.46 0.37 5705a a a a a

4000 5.25 900 2.27 0.27 4693 1.50 490 0.71 0.36 5951X 2.88 738 1.38 0.374021 4.09 900 1.81 0.31 4703 1.01 402 0.47 0.35 6002aX a a a a4024 5.49 900 2.44 0.31 4720 2.46 663 1.17 0.36 6003 7.20 900 3.15 0.314034X 11.49 900 5.16 0.31 4740 2.77 719 1.24 0.31 6005 6.40 900 2.78 0.304036 5.47 900 2.44 0.31 4741 1.63 513 0.77 0.35 6045 6.74 900 2.93 0.31

4038 9.72 900 4.75 0.39 4751 13.53 900 6.05 0.31 6204 13.32 900 5.66 0.274054X 4.46 900 2.15 0.38 4771N 6.54 900 2.75 0.27 6206 3.74 893 1.52 0.264062 1.82 548 0.87 0.36 4777X 2.36 645 0.98 0.26 6213 2.68 702 1.13 0.264101 1.45 481 0.67 0.32 4825 1.12 422 0.50 0.31 6216 4.11 900 1.68 0.264110 1.09 416 0.51 0.35 4828C 2.05 589 0.95 0.33 6217X 5.11 900 2.17 0.27

4111 4.05 900 1.97 0.38 4829C 1.69 524 0.73 0.27 6229 9.93 900 4.22 0.274114 6.46 900 3.04 0.35 4902 2.21 618 1.07 0.37 6233 4.34 900 1.84 0.274130X 3.65 877 1.73 0.35 4923 2.57 683 1.21 0.35 6235X 6.29 900 2.59 0.274131 2.99 758 1.42 0.36 5020 5.91 900 2.59 0.31 6237 1.96 573 0.85 0.304133 0.81 366 0.39 0.37 5022X 11.48 900 4.88 0.27 6251 8.55 900 3.61 0.27

4149 1.04 407 0.51 0.40 5037 6.53 900 2.68 0.26 6252 7.06 900 2.89 0.264206 9.00 900 4.24 0.35 5040 15.70 900 6.48 0.27 6306 6.88 900 2.92 0.274207 2.10 598 0.94 0.31 5057 6.08 900 2.50 0.26 6319X 2.00 580 0.85 0.274239 3.32 818 1.48 0.31 5059 18.32 900 7.58 0.27 6325 5.03 900 2.15 0.274240 2.96 753 1.42 0.37 5086X 12.91 900 5.34 0.27 6400 10.40 900 4.73 0.33

4243 2.72 710 1.28 0.35 5102X 12.32 900 5.25 0.27 6504 2.93 747 1.41 0.374244 2.60 688 1.23 0.35 5146 7.34 900 3.23 0.31 6702M 19.44 900 5.71 0.324250X 2.62 692 1.24 0.36 5160 2.60 688 1.11 0.27 6703M 34.78 900 10.35 0.324251 1.63 513 0.77 0.35 5183X 3.69 884 1.62 0.31 6704M* 21.60 900 7.33 0.324263X 6.19 900 2.92 0.35 5184X 6.50 900 2.70 0.27 6801F 4.44 900 1.98 0.31

4273 2.18 612 1.03 0.36 5188 3.19 794 1.40 0.31 6811 2.79 722 1.23 0.304279X 2.52 674 1.19 0.35 5190 3.62 872 1.60 0.31 6824F 9.36 900 4.07 0.274283 3.63 873 1.72 0.36 5191 1.26 447 0.59 0.35 6826F 8.22 900 3.67 0.314299 2.47 665 1.19 0.37 5192 2.85 733 1.35 0.36 6834 5.88 900 2.71 0.324304X 9.98 900 4.62 0.33 5213X 8.10 900 3.44 0.27 6836 5.16 900 2.31 0.31

4307 2.00 580 0.99 0.40 5215 10.08 900 4.57 0.32 6843F 10.62 900 4.48 0.274351 1.32 458 0.63 0.35 5221 6.69 900 2.93 0.31 6845F 18.53 900 7.75 0.274352X 1.24 443 0.60 0.37 5222X 10.06 900 4.27 0.27 6854 6.67 900 2.76 0.264361 0.91 384 0.43 0.37 5223X 6.40 900 2.82 0.31 6872F 7.80 900 3.26 0.264410 3.92 900 1.86 0.36 5348 12.15 900 5.33 0.31 6874F 6.22 900 2.61 0.27


6

EXHIBIT 4

WISCONSIN



6884 3.36 825 1.38 0.26 7705 5.55 900 2.34 0.27 8500X 8.60 900 3.86 0.317016M 9.25 900 3.39 0.27 7709X -- 881 23.09 0.37 8601 0.59 326 0.27 0.327024M 10.28 900 3.78 0.27 7710X 4.02 900 1.69 0.27 8602 2.22 620 1.03 0.337038M 4.29 900 1.56 0.27 7720 3.17 791 1.42 0.31 8606 3.04 767 1.30 0.277047M 16.55 900 3.48 0.27 7855 5.75 900 2.53 0.31 8709F 2.64 695 1.11 0.27

7050M 7.66 900 1.60 0.27 8001 2.27 629 1.10 0.37 8719 1.66 519 0.69 0.267090M 4.76 900 1.73 0.27 8002 2.38 648 1.13 0.36 8720 0.98 396 0.44 0.317133 3.33 819 1.43 0.27 8006X 3.99 900 1.88 0.35 8721 0.31 276 0.14 0.317151M 5.06 900 2.92 0.31 8008 1.56 501 0.75 0.38 8723 0.17 251 0.08 0.357152M 9.06 900 3.70 0.28 8010X 2.60 688 1.25 0.37 8726F 7.59 900 3.41 0.31

7153M 5.63 900 2.03 0.34 8013 0.32 278 0.15 0.35 8734M 0.52 314 0.20 0.357219X 7.85 900 3.38 0.27 8015 0.94 389 0.44 0.35 8737M 0.47 305 0.22 0.357222 6.13 900 2.69 0.30 8017X 1.92 566 0.92 0.37 8738M 0.84 371 0.26 0.357225X 7.66 900 3.41 0.31 8018X 3.30 814 1.59 0.37 8742 0.47 305 0.21 0.317230 7.60 900 3.51 0.33 8021 2.89 740 1.37 0.36 8745 4.25 900 1.95 0.32

7231 11.21 900 5.15 0.32 8031 2.24 623 1.06 0.35 8748 0.78 360 0.36 0.327232 6.68 900 2.86 0.27 8032 2.68 702 1.29 0.37 8755 0.11 240 0.05 0.337309FX 15.32 900 6.40 0.26 8033 2.89 740 1.37 0.36 8800 2.09 596 1.03 0.407313FX 13.41 900 5.62 0.27 8037 2.39 650 1.15 0.38 8803 0.06 231 0.03 0.287317FX 7.92 900 3.34 0.27 8039 2.54 677 1.22 0.37 8805M 0.30 274 0.13 0.39

7327F 50.76 900 21.26 0.27 8044X 3.73 891 1.72 0.32 8810 0.19 254 0.09 0.347333M 1.83 549 0.61 0.26 8045 0.32 278 0.16 0.36 8814M 0.27 269 0.14 0.397335M 2.03 585 0.67 0.26 8046 3.24 803 1.54 0.36 8815M 0.49 308 0.20 0.397337M 3.28 810 0.62 0.26 8047 1.42 476 0.68 0.36 8820 0.13 243 0.06 0.337350F 5.88 900 2.57 0.28 8058 4.80 900 2.28 0.36 8824 3.92 900 1.89 0.37

7360X 3.69 884 1.65 0.31 8072 0.62 332 0.30 0.38 8825 2.54 677 1.26 0.407370X 6.15 900 2.92 0.36 8102 1.56 501 0.75 0.37 8826 3.33 819 1.58 0.357380X 6.29 900 2.90 0.32 8103 2.13 603 0.98 0.32 8829 2.49 668 1.18 0.357382 4.98 900 2.36 0.35 8106X 6.84 900 3.07 0.31 8831 1.82 548 0.87 0.367390 6.47 900 3.08 0.36 8107 3.42 836 1.53 0.31 8832 0.34 281 0.16 0.36

7394M 4.51 900 1.67 0.26 8111X 2.83 729 1.34 0.35 8833 0.89 380 0.42 0.357395M 5.01 900 1.86 0.26 8116 3.86 900 1.83 0.35 8835 1.91 564 0.90 0.357398M 8.07 900 1.72 0.26 8203 6.98 900 3.30 0.35 8842 4.05 900 1.92 0.367402 0.19 254 0.09 0.35 8204 4.33 900 1.93 0.31 8855 0.25 265 0.12 0.367403 7.90 900 3.53 0.31 8209 3.90 900 1.85 0.36 8856 0.42 296 0.20 0.36

7405N 2.49 805 1.11 0.31 8215 5.90 900 2.64 0.31 8857 0.48 306 0.22 0.317420X 21.17 900 8.71 0.26 8227 4.01 900 1.66 0.27 8868X 0.53 315 0.26 0.377421 0.96 393 0.42 0.27 8232X 4.58 900 2.05 0.31 8869 1.36 465 0.66 0.377422 5.09 900 2.13 0.27 8233 3.55 859 1.56 0.30 8871 0.13 243 0.06 0.387425aX a a a a 8235 6.84 900 3.23 0.35 8901 0.14 245 0.07 0.33

7431N 0.57 378 0.24 0.26 8263 8.20 900 3.79 0.33 9012 1.88 558 0.86 0.327445N 0.76 -- -- -- 8264X 6.70 900 3.01 0.31 9014X 4.55 900 2.15 0.367453N 0.31 -- -- -- 8265 8.35 900 3.61 0.27 9015 4.96 900 2.35 0.367502 2.29 632 1.02 0.31 8279X 7.35 900 3.19 0.27 9016X 4.03 900 1.92 0.367515 1.12 422 0.47 0.27 8288 8.98 900 4.04 0.31 9019 1.14 425 0.50 0.30

7520 3.74 893 1.77 0.35 8291 4.84 900 2.24 0.33 9033 1.58 504 0.75 0.367538 4.08 900 1.69 0.27 8292 5.59 900 2.64 0.35 9040 5.69 900 2.75 0.377539 1.59 506 0.69 0.27 8293 12.31 900 5.50 0.31 9044X 2.22 620 1.06 0.377540 4.49 900 1.89 0.27 8304 5.49 900 2.45 0.31 9052X 2.33 639 1.12 0.377580 2.48 666 1.11 0.31 8350X 6.12 900 2.64 0.27 9058 2.10 598 1.04 0.40

7590 3.64 875 1.68 0.32 8380X 3.83 900 1.77 0.33 9060 1.88 558 0.90 0.377600 7.24 900 3.23 0.31 8381X 2.13 603 0.98 0.33 9061 1.50 490 0.74 0.407605 4.73 900 2.08 0.31 8385X 3.62 872 1.62 0.31 9063 1.51 492 0.73 0.387610 0.42 296 0.20 0.32 8392 2.60 688 1.23 0.36 9077F 3.97 900 1.87 0.357704X 3.70 886 1.61 0.27 8393X 3.21 798 1.52 0.35 9082 1.94 569 0.96 0.40


7

EXHIBIT 4

WISCONSIN



9083 1.53 495 0.76 0.409084 2.10 598 1.00 0.369089 0.85 373 0.40 0.379093 1.85 553 0.89 0.379101 4.74 900 2.28 0.37

9102 2.98 756 1.41 0.359154 2.51 672 1.19 0.359156 4.97 900 2.29 0.339170X 28.55 900 11.97 0.279178X 12.58 900 6.25 0.40

9179X 2.74 713 1.32 0.389180X 12.96 900 5.83 0.319182 3.11 780 1.48 0.369186X 15.83 900 6.85 0.279220L 4.21 900 1.95 0.33

9402L 4.68 900 2.10 0.319403L 10.01 900 4.32 0.279410L 1.63 513 0.77 0.359412X 3.61 870 1.71 0.369413X 3.94 900 1.86 0.35

9414X 5.23 900 2.48 0.359428X* -- -- -- --9447X* -- -- -- --9501 3.37 827 1.56 0.339505 4.04 900 1.86 0.33

9519X 7.13 900 3.17 0.319521X 9.00 900 4.03 0.319522 1.66 519 0.78 0.359529a a a a a9534X 6.32 900 2.68 0.27

9554 7.38 900 3.14 0.279586 0.81 366 0.40 0.399600 4.18 900 2.02 0.379620 1.79 542 0.83 0.329894X 0.82 368 0.39 0.37


8

EXHIBIT 4

WISCONSIN


Effective October 1, 2020

FOOTNOTES

a Rate for each individual risk must be obtained by Home Office from Rating Organization having jurisdiction.

C Classification is a chemical code.

F Rate provides for coverage under the United States Longshore and Harbor Workers' Compensation Act and itsextensions. Rate contains a provision for federal assessment.

L Not applicable where Code Nos. 9412-13-14 Municipal Operations are indicated, for reference to which seeexception page.

M Rate provides for coverage under Admiralty Law and Federal Employers' Liability Act (FELA). A provision for the USL & HW assessment is included for those classifications under Program II USL Act.

The following classes are grouped by category for ratemaking purposes:

Category Program IProgram II

StateProgram IIUSL & HW

Railroad Construction 6702 6704 6703Vessels - NOC 7016 7024 7047Boat Livery - Under 15 ton 7038 7090 7050Railroad Operations 7151 7153 7152Dredging - All Types 7333 7335 7337Diving, Salvage, Wrecking - Marine 7394 7395 7398Railroad Sales, Collectors or Messenger 8737 8734 8738Railroad Clerical Office - NOC 8814 8805 8815

Rates are derived based on Program II State and then adjusted to Program I by a factor of 0.900 and Program II USL & HW by a factor of 1.610.

N This code is part of a ratable / non-ratable group shown below. The statistical non-ratable code and correspondingrate are applied in addition to the basic classification when determining premium.

Non-RatableClass Code Element Code

4771 07717405 74457431 7453

P Classification is computed on a per capita basis.

X Refer to special classification phraseology in these pages which is applicable in this state.

# This class code has been discontinued.

* Class codes with special footnotes:

9428 Work Study Coverage - In accordance with the instructions for this code, the rateis $350 for secondary schools

9447 Work Study Coverage - In accordance with the instructions for this code, the rateis $1,000 for post-secondary schools

6703 Loss cost and rating values only appropriate for laying or relaying of tracks or maintenance ofway - no work on elevated railroads. Otherwise, assign appropriate construction or erection classrate x 1.936 and ELR x 1.696.

6704 Loss cost and rating values only appropriate for laying or relaying of tracks or maintenance ofway - no work on elevated railroads. Otherwise, assign appropriate construction or erection classrate and ELR each x 1.35.

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EXHIBIT 4

WISCONSIN



MISCELLANEOUS VALUES

Basis of premium applicable in accordance with the footnote instructions for Code 7370 -- "Taxicab Co.":

Employee operated vehicle $74,526.00Leased or rented vehicle $49,684.00

Expense Constant applicable in accordance with Basic Manual Rule VI-E-2 $220.00

In accordance with state special Basic Manual Rule V-B-2, the value of lodging received byemployees as a part of their pay shall be $145.99 per week or $20.86 per day. The value ofmeals received by employees as a part of their pay shall be $131.47 per week or $6.26 per meal.

Maximum Remuneration applicable in accordance with Basic Manual Rule V-G-1 -- "Executive Officers" $82,004.00 Annually$1,577.00 Weekly

Minimum Remuneration applicable in accordance with Basic Manual Rule V-G-1 -- "Executive Officers" $16,380.00 Annually$315.00 Weekly

Premium Determination for Partners and Sole Proprietors in accordance with Basic Manual Rule IX-B-2 $54,652.00

Companies have the option of charging $0.00, $0.01 or $0.02 per $100 of payroll for terrorism coverage (TRIA). Assigned risk policies are charged $0.02 per $100 of payroll.

Companies have the option of charging $0.00 or $0.01 per $100 of payroll for catastrophe(other than Certified Acts of Terrorism). Assigned risk policies are charged $0.01 per $100 of payroll.

Premium Discount Percentages (See Basic Manual Rule VII-E). The following premium discountsare applicable to Standard Premiums:

Type TypeA B

First $10,000 …………….. - 0.0% 0.0%Next $190,000 …………….. a 9.1% 5.1%Next $1,550,000 …………….. b 11.3% 6.5%Over $1,750,000 …………….. c 12.3% 7.5%

United States Longshore and Harbor Workers' Compensation Coverage Percentage applicable only inconnection with Rule XII-D-3 "U.S. Longshore and Harbor Workers' Compensation Act" of the Basic Manual.

Difference in Benefits 53.9%Difference in Loss Based Expenses 4.6%Combined USL&HW% 61.0%

(Multiply a Non-'F' classification rate by a factor of 1.610. This factor adjusts for differences in stateand federal benefits and loss based expenses. The factor to adjust for differences in benefits only is1.539. The factor to adjust for differences in loss based expenses only is 1.046.)

A risk is eligible for intrastate experience rating when the payrolls or other exposures developed in thelast year or last two years of the experience period produced a premium of at least $15,500. If morethan two years, an average annual premium of at least $7,750 is required. Page A-1 of the ExperienceRating Plan Manual should be referenced for the latest approved eligibility amounts by state.

Experience Rating Eligibility

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EXHIBIT 4

WISCONSIN

SPECIAL CLASSES


Civil Defense Workers' and Volunteer Rescue Squads - including members serving as auxiliary policeofficers at emergencies ………………………………………………………………………………………………………………………..7710

Actual remuneration shall be taken, but in no event less than $1,560.00 per individual per annum incomputing premium.

Firefighters & Drivers - Non Volunteer …………………………………………………………………………………………………..7704

Fire Department - Volunteer ………………………………………………………………………..………………………………………7709

SCHEDULE OF ANNUAL PREMIUMS

Population ofArea Served * Annual Premium

0 - 300 $ 881301 - 500 993501 - 700 1,099701 - 1,000 1,213

1,001 - 1,500 1,4231,501 - 2,000 1,6492,001 - 2,500 1,8812,501 - 3,000 2,1113,001 - 3,500 2,3413,501 - 4,000 2,5714,001 - 4,500 2,8024,501 - 5,000 3,0285,001 - 6,000 3,4336,001 - 7,000 3,8947,001 - 8,000 4,3578,001 - 9,000 4,8159,001 - 10,000 5,274

10,001 - 15,000 7,09615,001 - 20,000 9,40420,001 - 25,000 11,707

For each additional 5,000 population (or portion thereof) add: $2,304

Minimum Premium: $881

* Population of area served is based on the latest available census data, and includes not only thepopulation of the city, town, township, etc. where the department is located, but also the populationof any area serviced under a fire protection contract or similar agreement.

The premiums on the fire department shall be charged in addition to the premium charged for all otheroperations insured under the policy.

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EXHIBIT 4

WISCONSIN

EXPERIENCE RATING PLAN MANUALPART FIVE

Effective October 1, 2020TABLE OF WEIGHTING VALUESAPPLICABLE TO ALL POLICIES

Expected Weighting Expected WeightingLosses Values Losses Values

0 - 2,094 0.04 1,180,890 - 1,246,027 0.442,095 - 8,465 0.05 1,246,028 - 1,314,936 0.458,466 - 14,973 0.06 1,314,937 - 1,387,954 0.46

14,974 - 21,621 0.07 1,387,955 - 1,465,461 0.4721,622 - 28,415 0.08 1,465,462 - 1,547,884 0.48

28,416 - 47,527 0.09 1,547,885 - 1,635,708 0.4947,528 - 70,745 0.10 1,635,709 - 1,729,482 0.5070,746 - 91,398 0.11 1,729,483 - 1,829,833 0.5191,399 - 111,507 0.12 1,829,834 - 1,937,479 0.52

111,508 - 131,619 0.13 1,937,480 - 2,053,244 0.53

131,620 - 151,978 0.14 2,053,245 - 2,178,086 0.54151,979 - 172,723 0.15 2,178,087 - 2,313,115 0.55172,724 - 193,948 0.16 2,313,116 - 2,459,633 0.56193,949 - 215,722 0.17 2,459,634 - 2,619,171 0.57215,723 - 238,104 0.18 2,619,172 - 2,793,546 0.58

238,105 - 261,148 0.19 2,793,547 - 2,984,930 0.59261,149 - 284,903 0.20 2,984,931 - 3,195,940 0.60284,904 - 309,418 0.21 3,195,941 - 3,429,758 0.61309,419 - 334,743 0.22 3,429,759 - 3,690,296 0.62334,744 - 360,927 0.23 3,690,297 - 3,982,410 0.63

360,928 - 388,023 0.24 3,982,411 - 4,312,212 0.64388,024 - 416,086 0.25 4,312,213 - 4,687,501 0.65416,087 - 445,175 0.26 4,687,502 - 5,118,385 0.66445,176 - 475,351 0.27 5,118,386 - 5,618,207 0.67475,352 - 506,681 0.28 5,618,208 - 6,204,951 0.68

506,682 - 539,234 0.29 6,204,952 - 6,903,451 0.69539,235 - 573,089 0.30 6,903,452 - 7,749,000 0.70573,090 - 608,325 0.31 7,749,001 - 8,793,497 0.71608,326 - 645,034 0.32 8,793,498 - 10,116,522 0.72645,035 - 683,310 0.33 10,116,523 - 11,846,626 0.73

683,311 - 723,258 0.34 11,846,627 - 14,205,852 0.74723,259 - 764,993 0.35 14,205,853 - 17,613,617 0.75764,994 - 808,637 0.36 17,613,618 - 22,968,667 0.76808,638 - 854,327 0.37 22,968,668 - 32,607,746 0.77854,328 - 902,212 0.38 32,607,747 - 55,098,910 0.78

902,213 - 952,455 0.39 55,098,911 - 167,554,681 0.79952,456 - 1,005,235 0.40 167,554,682 AND OVER 0.80

1,005,236 - 1,060,750 0.411,060,751 - 1,119,220 0.421,119,221 - 1,180,889 0.43

(a) State Per Claim Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $249,500(b) State Multiple Claim Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $499,000(c) USL&HW Per Claim Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $665,000(d) USL&HW Multiple Claim Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,330,000(e) Employers Liability Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $60,000(f) USL&HW Act -- Expected Loss Factor -- Non-F Classes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54%

Cap on Modifications = 1.10 + 0.0004 x (Expected Losses) / (10.00)

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EXHIBIT 4

WISCONSIN

EXPERIENCE RATING PLAN MANUALPART FIVE

Effective October 1, 2020TABLE OF BALLAST VALUES

APPLICABLE TO ALL POLICIESExpected Ballast Expected Ballast Expected BallastLosses Values Losses Values Losses Values

0 - 53,788 25,000 1,726,010 - 1,775,981 200,000 3,475,503 - 3,525,495 375,00053,789 - 92,574 30,000 1,775,982 - 1,825,954 205,000 3,525,496 - 3,575,488 380,00092,575 - 137,140 35,000 1,825,955 - 1,875,929 210,000 3,575,489 - 3,625,481 385,000

137,141 - 184,154 40,000 1,875,930 - 1,925,905 215,000 3,625,482 - 3,675,475 390,000184,155 - 232,312 45,000 1,925,906 - 1,975,882 220,000 3,675,476 - 3,725,468 395,000

232,313 - 281,074 50,000 1,975,883 - 2,025,860 225,000 3,725,469 - 3,775,462 400,000281,075 - 330,189 55,000 2,025,861 - 2,075,840 230,000 3,775,463 - 3,825,456 405,000330,190 - 379,527 60,000 2,075,841 - 2,125,820 235,000 3,825,457 - 3,875,450 410,000379,528 - 429,013 65,000 2,125,821 - 2,175,801 240,000 3,875,451 - 3,925,445 415,000429,014 - 478,603 70,000 2,175,802 - 2,225,783 245,000 3,925,446 - 3,975,439 420,000

478,604 - 528,269 75,000 2,225,784 - 2,275,766 250,000 3,975,440 - 4,025,433 425,000528,270 - 577,991 80,000 2,275,767 - 2,325,750 255,000 4,025,434 - 4,075,428 430,000577,992 - 627,756 85,000 2,325,751 - 2,375,734 260,000 4,075,429 - 4,125,423 435,000627,757 - 677,556 90,000 2,375,735 - 2,425,719 265,000 4,125,424 - 4,175,418 440,000677,557 - 727,382 95,000 2,425,720 - 2,475,704 270,000 4,175,419 - 4,225,413 445,000

727,383 - 777,231 100,000 2,475,705 - 2,525,690 275,000 4,225,414 - 4,275,408 450,000777,232 - 827,098 105,000 2,525,691 - 2,575,677 280,000 4,275,409 - 4,325,403 455,000827,099 - 876,979 110,000 2,575,678 - 2,625,664 285,000 4,325,404 - 4,375,399 460,000876,980 - 926,873 115,000 2,625,665 - 2,675,652 290,000 4,375,400 - 4,425,394 465,000926,874 - 976,778 120,000 2,675,653 - 2,725,640 295,000 4,425,395 - 4,475,390 470,000

976,779 - 1,026,692 125,000 2,725,641 - 2,775,628 300,000 4,475,391 - 4,525,386 475,0001,026,693 - 1,076,614 130,000 2,775,629 - 2,825,617 305,000 4,525,387 - 4,575,381 480,0001,076,615 - 1,126,543 135,000 2,825,618 - 2,875,607 310,000 4,575,382 - 4,625,377 485,0001,126,544 - 1,176,478 140,000 2,875,608 - 2,925,596 315,000 4,625,378 - 4,675,373 490,0001,176,479 - 1,226,418 145,000 2,925,597 - 2,975,586 320,000 4,675,374 - 4,725,369 495,000

1,226,419 - 1,276,363 150,000 2,975,587 - 3,025,577 325,000 4,725,370 - 4,775,365 500,0001,276,364 - 1,326,312 155,000 3,025,578 - 3,075,567 330,0001,326,313 - 1,376,265 160,000 3,075,568 - 3,125,558 335,0001,376,266 - 1,426,221 165,000 3,125,559 - 3,175,549 340,0001,426,222 - 1,476,179 170,000 3,175,550 - 3,225,541 345,000

1,476,180 - 1,526,141 175,000 3,225,542 - 3,275,533 350,0001,526,142 - 1,576,105 180,000 3,275,534 - 3,325,525 355,0001,576,106 - 1,626,071 185,000 3,325,526 - 3,375,517 360,0001,626,072 - 1,676,039 190,000 3,375,518 - 3,425,509 365,0001,676,040 - 1,726,009 195,000 3,425,510 - 3,475,502 370,000

'For Expected Losses greater than 4,775,365, the Ballast Value can be calculated using the following formula (rounded to the nearest 1):

Ballast = (0.10) x (Expected Losses) + (2,500) x (Expected Losses) x (10.00) / [(Expected Losses) + (700) x (10.00)]

Cap on Modifications = 1.10 + 0.0004 x (Expected Losses) / (10.00)

13

new 262-796-4540 fax 262 -796 -4400 p.o. box 3080 … · 2020. 7. 16. · located at 20700 swenson...

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