Before the South Carolina Department of Insurance order no. 2020-05 : in the matter of self-funded rates for workers' compensation assigned risk

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South Carolina Insurance Department
Issue Date
2022-12-22
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Text
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Risk (Insurance)--South Carolina , Insurance law--South Carolina
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In the matter of self-funded rates for workers' compensation assigned risk
Abstract
It is ordered that in calculating the revised rates and rating values for the industrial class codes in South Carolinats assigned risk market, a loss cost multiplier of 3.236 shall be applied to the April l, 2023, South Carolina voluntary market loss costs. It is further ordered that revised assigned risk rates for the federal and coal mine class codes shall be calculated via application of a loss cost multiplier calculated based on the same expense and differential provisions underlying the industrial class codes' 3.236 loss cost multiplier and reflecting the most recent federal assessment and benefit levels.
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South Carolina State Library
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Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020))
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