Iowa
Rates and Rating Values Filing For Voluntary and Assigned Risk Markets Proposed Effective January 1, 2016
National Council on Compensation Insurance
Chris Bailey State Relations Executive Regulatory Services Division (P) 850-322-4047 (F) 561-893-5106 Email:
[email protected]
August 13, 2015
Honorable Nick Gerhart Insurance Commissioner Iowa Insurance Division 601 Locust St., 4th Floor Des Moines, IA 50309-3738
RE:
Workers Compensation Rates and Rating Values—Iowa Voluntary Market and Assigned Risk Market - Effective January 1, 2016
Dear Commissioner Gerhart: In accordance with the applicable statutes and regulations of the state of Iowa, we are filing for your consideration and approval advisory prospective rates and rating values for the Iowa voluntary and assigned risk markets to be effective January 1, 2016 for new and renewal policies. This filing proposes an overall average increase of 2.7% in voluntary rates and in assigned risk rates. With a proposed reduction in the expense constant from $260 to $160 and a proposed increase in the maximum minimum premium from $800 to $900, the overall average premium increase is 2.2%. The advisory prospective rates for the voluntary market are used as a basis for rates in the assigned risk market. This filing is made exclusively on behalf of the companies that have given valid consideration for the express purpose of fulfilling regulatory rate filing requirements and other private use of this information. The following are of special note as a result of item filings approved in Iowa:
1. As a result of Item B‐1397, effective January 1, 2008, data for new Class Codes 7710 and 7711 was previously combined with historical data for discontinued Class Code 7704 to determine a single rate for Class Codes 7710 and 7711. Since there is minimal historical data remaining for Class Code 7704 in the experience period used for ratemaking, the data for Class Codes 7710 and 7711 is no longer being combined. However, a single combined rate is still calculated for Class Codes 7710 and 7711 via a payroll weighted average of the separately indicated rates for these two Class Codes. 2. As a result of Item E‐1402, the split point for experience rating was changed from $15,000 to $16,000. This will be the final year of the split point transition period in Iowa. In each subsequent rate filing, the split point will be indexed by the countrywide severity change. 3. As a result of Item R‐1411, the retrospective rating plan parameters were updated. 106 E. College Avenue, Suite 900, Tallahassee, FL 32301 www.ncci.com
The Honorable Nick Gerhart Page 2 August 13, 2015
In the enclosed appendix is a list of companies, sorted by group, which as of the time this filing is submitted, are eligible to reference this information. The inclusion of a company on this list merely indicates that the company, or the group to which it belongs, is affiliated with NCCI in this state, or has licensed this information as a non-affiliate, and is not intended to indicate whether the company is currently writing business or is even licensed to write business in this state. As always, if you should have any questions or need additional information, please do not hesitate to contact me at (850) 322-4047 or Tony DiDonato at (561) 893-3116.
Respectfully submitted, NATIONAL COUNCIL ON COMPENSATION INSURANCE, INC. Filing Prepared by:
Chris Bailey State Relations Executive Regulatory Services Division
Tony DiDonato Director and Senior Actuary Actuarial and Economic Services
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
Actuarial Certification I, Tony DiDonato, am a Director and Senior Actuary for the National Council on Compensation Insurance, Inc. I am a Fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries, and I meet the Qualification Standards of the American Academy of Actuaries to provide the actuarial report contained herein. The information contained in this report has been prepared under my direction in accordance with applicable Actuarial Standards of Practice as promulgated by the Actuarial Standards Board. The Actuarial Standards Board is vested by the U.S.-based actuarial organizations with the responsibility for promulgating Actuarial Standards of Practice for actuaries providing professional services in the United States. Each of these organizations requires its members, through its Code of Professional Conduct, to observe the Actuarial Standards of Practice when practicing in the United States.
________________________ Tony DiDonato Director and Senior Actuary Actuarial and Economic Services
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved These materials are comprised of NCCI actuarial judgment and proprietary and confidential information which are valuable assets of NCCI and are protected by copyright and other intellectual property laws. The uses of these materials are governed by a separate contractual agreement between NCCI and its licensees such as an affiliation agreement between NCCI and an end user. Unless expressly authorized by NCCI, you may not copy, create derivative works (by way of example, create or supplement your own works or other materials), display, perform, or use the materials, in whole or in part, in any media. Such actions taken by you, or by your direction, may be in violation of federal copyright and other commercial laws. NCCI does not permit or agree to such use of its materials. In the event such use is contemplated or desired, please contact NCCI's Legal Department for permission. NCCI MAKES NO REPRESENTATIONS OR WARRANTIES RELATING TO THESE MATERIALS, INCLUDING ANY EXPRESS, STATUTORY OR IMPLIED WARRANTIES INCLUDING THE IMPLIED WARRANTY OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. ADDITIONALLY, AUTHORIZED END USERS ASSUME RESPONSIBILITY FOR THE USE OF, AND FOR ANY AND ALL RESULTS DERIVED OR OBTAINED THROUGH THE USE OF SUCH MATERIALS.
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
Table of Contents
Background and Filing Procedure ......................................................................... 1 Proposed Change in Voluntary and Assigned Risk Rates .................................... 2 Key Components Experience ..................................................................................................................... 4 Trend ............................................................................................................................. 5 Benefits ........................................................................................................................ 13 Expenses ..................................................................................................................... 14
Assigned Risk Market ......................................................................................... 16 Conclusion .......................................................................................................... 17 Exhibits Exhibit I - Iowa Historical Voluntary and Assigned Risk Rate Changes....................... 18 Exhibit II - Iowa Written Premium ................................................................................ 19 Exhibit III - Iowa Largest Workers Compensation Writers ........................................... 20 Exhibit IV - Proposed Voluntary Market Advisory Rates and Rating Values ............... 21 Exhibit V - Proposed Assigned Risk Rates and Rating Values.................................... 35
NCCI Key Contacts ............................................................................................. 41 Appendix—Affiliate List ...................................................................................... 42
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016 Background and Filing Procedure
The workers compensation benefit system is designed to cover medical costs associated with workplace injuries, as well as provide wage replacement (indemnity) benefits to injured workers for lost work time. The National Council on Compensation Insurance, Inc. (NCCI) collects an extensive amount of information regarding the workers compensation system in Iowa, and submits proposed voluntary market advisory prospective rates and assigned risk rates for review and approval by the Iowa Commissioner of Insurance. These advisory prospective rates are intended to cover the indemnity and medical benefits provided under the system, as well as the expenses associated with providing these benefits (loss adjustment expenses). They also contemplate other costs associated with providing workers compensation insurance (such as commissions, taxes, etc.). In this filing, NCCI is proposing that the Commissioner of Insurance approve an overall average increase of 2.7% to the current voluntary advisory rates and the current assigned risk rates (both in effect since January 1, 2015), and that the new values will become effective on January 1, 2016. This document will explain why these changes are indicated. NCCI separately determines voluntary advisory rates and assigned risk rates for each workers compensation classification. In this filing, the actual change from the current rate is different depending on the classification.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 1 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
Proposed Overall Average Change in Voluntary Advisory Rate Level Key Components Percentage Change Experience and Trend + 0.8% Benefits 0.0% Offset for the Change in Minimum Premium Parameters – 0.1% Production and General Expenses + 0.3% Premium Taxes and Assessments 0.0% Profit and Contingencies Provision + 1.4% Loss-based Expenses – 0.3% Offset for the Change in Expense Constant + 0.6% Overall Rate Level Change Requested Overall Premium Level Change Requested
+ 2.7% + 2.2%
The premium level change includes a proposed expense constant decrease from $260 to $160 as well as a proposed maximum minimum premium increase from $800 to $900. Offsets for these changes are applied to the rate level change to ensure revenue neutrality across the state. The change in the voluntary advisory rates varies depending on the classification. Each classification belongs to one of five industry groups. The average rate change proposed for each of these five groups is displayed below, as well as the largest increase and largest decrease possible for a classification in each of those groups.
OVERALL AVERAGE RATE LEVEL CHANGE
+2.7%
MANUFACTURING +5.5% Maximum Increase +31% Maximum Decrease -19%
OFFICE & CLERICAL +1.6% Maximum Increase +27% Maximum Decrease -23%
CONTRACTING +1.2% Maximum Increase +26% Maximum Decrease -24%
GOODS & SERVICES +2.0% Maximum Increase +27% Maximum Decrease -23%
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
MISCELLANEOUS +2.3% Maximum Increase +27% Maximum Decrease -23%
Page 2 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
Proposed Overall Average Change in Assigned Risk Rate Level Key Components Voluntary Rate Level Change Change in Assigned Risk Rate Differential
Percentage Change + 2.7% 0.0%
Overall Rate Level Change Requested
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
+ 2.7%
Page 3 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016 Key Components
In determining the overall average rate level change, the following key components are reviewed: Experience NCCI analyzed the emerging experience of Iowa workers compensation policies in recent years. The primary focus of our analysis was on premiums and losses from policy years 2012 and 2013, evaluated as of December 31, 2014 (a policy year captures the premiums and losses from the block of policies that had effective dates during a given year). The most recently available full policy year is 2013 since the last policy had an effective date of December 31, 2013 and did not expire until December 31, 2014. During this year’s analysis, after reviewing various possible experience periods, the use of the two most recently available full policy years of data was selected as most appropriate in terms of providing balance between stability and responsiveness. Also, the use of the two most recently-available policy years is consistent with filings made in the past several years by NCCI in Iowa. It should be noted that NCCI adjusts (via premium and loss on-level factors) the historical policy year experience to reflect approved rate level changes as well as statutory benefit level changes implemented since that time period. NCCI's standard methodology is to utilize statewide (combined voluntary and assigned risk) market data after it has been adjusted to the current voluntary rate level in the calculation of the overall average rate level change. Different aggregations of limited loss experience were analyzed in preparation of this filing. These were (i) paid losses (benefit amounts already paid by insurers on reported claims) and (ii) the sum of paid losses plus case reserves (paid losses and the amounts set aside to cover future payments on those claims). For use in this filing, NCCI utilized loss development factors based on each of these two loss aggregations; paid losses and paid losses plus case reserves. This is consistent with filings made in the past several years by NCCI in Iowa. Loss development factors are needed since paid losses and case reserve estimates on a given claim change over time until the claim is finally closed. The loss development factors are based on how paid losses and case reserve estimates changed over time for claims from older years. In this filing, NCCI is relying on an average change in estimate over the last three years for paid losses and an average change in estimate over the last five years for paid losses plus case reserves.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 4 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016 Key Components (Continued)
Trend As noted previously, the filing relies primarily on the experience from policy years 2012 and 2013. However, the proposed advisory rates are intended for use with policies with effective dates starting on January 1, 2016. It is necessary to use trend factors that forecast how much the future Iowa workers compensation experience will differ from the past. These trend factors measure anticipated changes in the amount of indemnity and medical benefits as compared with anticipated changes in the amount of workers’ wages. For example, if benefit costs are expected to grow faster than wages, then a trend factor greater than zero is indicated. Conversely, if wages are expected to grow faster than benefit costs, then a trend factor less than zero is indicated. In order to appreciate the impact of the various filing components on overall system costs, it is helpful to consider the separate indemnity and medical segments of Iowa benefit costs.
Distribution of Iowa Benefit Costs
Indemnity 43% Medical 57%
As can be seen, 57% of Iowa’s total benefit costs are medical. This percentage is similar to most other states.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 5 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
Let us begin by analyzing a measure of the number of workplace injuries (claim frequency) and the average cost of each of these injuries (claim severity). The chart below summarizes the recent history of Iowa lost-time claims (i.e., those claims where a worker missed work time due to a workplace injury). The data in the chart reflect premiums at today’s rate and wage levels.
Frequency per Million of On-Leveled, Wage-Adjusted Premium
Iowa Claim Frequency 16.0 15.0 14.0 13.0
12.7
12.7 12.2 11.7
12.0
11.9 11.0
11.0
10.7
10.7
2012
2013
10.0 9.0 2006
2007
2008
2009
2010
2011
Policy Year Policy Year Lost-Time Claim Frequency
As this chart illustrates, Iowa’s claim frequency has followed a generally declining pattern over the past seven years with a slight uptick in policy year 2010 and a flattening in policy year 2013.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 6 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
Let us look at the indemnity side of benefits. The chart below shows Iowa’s historical average indemnity cost per case figures for the most recent eight years. The data in the chart reflect losses at today’s statutory benefit levels.
Iowa Indemnity Cost Per Case 30,000 25,892
Average Cost Per Case
25,000
22,743 20,145
20,000
23,760
24,070
24,142
2010
2011
2012
21,251
18,065
15,000 10,000 5,000 0 2006
2007
2008
2009
2013
Policy Year Policy Year Indemnity Cost Per Case (Based on Average of Paid and Paid+Case Losses)
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 7 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
After removing the impact of the growth in workers’ wages that occurred over this time period, the average indemnity cost per case in excess of wage growth is shown in the following chart.
Iowa Indemnity Cost Per Case Adjusted to Current Wage Level
Average Cost Per Case
30,000 25,000
21,459
23,112
25,328
25,678
25,247
24,672
2009
2010
2011
2012
23,981
25,892
20,000 15,000 10,000 5,000 0 2006
2007
2008
2013
Policy Year Policy Year Indemnity Cost Per Case (Based on Average of Paid and Paid+Case Losses)
As this chart illustrates, even after adjusting for wage growth over time, the average indemnity cost per case is significantly higher now than in policy year 2006.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 8 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
The indemnity loss ratios below result after combining the observed changes in Iowa’s average claim frequency with the corresponding changes in Iowa’s average indemnity cost per case. An indemnity loss ratio represents the proportion of premium dollars that are necessary to cover indemnity (wage replacement) benefits on behalf of injured workers. The data in the chart reflect premiums at today’s advisory rates and losses at today’s statutory benefit levels.
Iowa Indemnity Loss Ratio History 0.40
Indemnity Loss Ratio
0.35
0.30
0.295
0.291
0.297
0.306 0.279
0.277
0.277 0.265
0.25
0.20
0.15 2006
2007
2008
2009
2010
2011
2012
2013
Policy Year Policy Year Indemnity Loss Ratios (Based on Average of Paid and Paid+Case Losses)
Indemnity loss ratios have been fairly flat over the entire time period shown here and are slightly down compared to the high point in 2010. In this filing we are proposing to decrease the current indemnity trend factor from 0.0% to -0.5% per year. This means that we are projecting the indemnity loss ratio for policies written in 2016 to be slightly lower than the average indemnity loss ratio during policy years 2012 and 2013, which is the experience base used in this filing.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 9 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
Iowa’s average medical cost over time (claim severity) is tracked in the following chart. The data in the chart reflect losses at today’s statutory benefit levels.
Iowa Medical Cost Per Case 35,000 32,232
Average Cost Per Case
30,813
30,000
28,352
28,097
28,598
25,072
25,000
22,862 21,092
20,000
15,000
2006
2007
2008
2009
2010
2011
2012
2013
Policy Year Policy Year Medical Cost Per Case (Based on Average of Paid and Paid+Case Losses)
This chart shows that Iowa’s average medical severity has increased significantly since policy year 2006.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 10 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
After removing the impact of the growth in workers’ wages that occurred over this time period, the average medical cost per case in excess of wage growth is shown in the following chart.
Iowa Medical Cost Per Case Adjusted to Current Wage Level 35,000 Average Cost Per Case
31,585 30,372
30,000
31,491
32,232
29,999
28,281 26,223 25,058
25,000
20,000
15,000
2006
2007
2008
2009
2010
2011
2012
2013
Policy Year Policy Year Medical Cost Per Case (Based on Average of Paid and Paid+Case Losses)
Even after adjusting for changes in wages, average medical costs in Iowa still show significant increases over time. Considering the fact that 57% of the state’s benefits are medical, claims cost changes in this area can notably impact the workers compensation system. (Note: Unlike indemnity benefits, the level of workers compensation medical benefits is not directly based on average weekly wages. Even so, it is still instructive to review the changes in medical average cost per case in excess of wage growth—as this allows one to combine the change in the wage-adjusted medical average cost per case by the similarly-adjusted change in claim frequency in order to approximate the change over time in the overall medical loss ratios.)
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 11 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
The medical loss ratios below result after combining the observed changes in Iowa’s average claim frequency with the corresponding changes in the average medical cost per case. A medical loss ratio represents the proportion of premium dollars that are necessary to cover medical benefits on behalf of injured workers. The data in the chart reflect premiums at today’s advisory rates and losses at today’s statutory benefit levels.
Iowa Medical Loss Ratio History 0.45
Medical Loss Ratio
0.40
0.370 0.362 0.335
0.35
0.344 0.331
0.338
0.345
0.318
0.30
0.25
0.20 2006
2007
2008
2009
2010
2011
2012
2013
Policy Year Policy Year Medical Loss Ratios (Based on Average of Paid and Paid+Case Losses)
Based on our analysis of changes in medical costs and medical loss ratios over extended periods of time, we are proposing to decrease the current medical trend factor from +2.0% to +1.5% per year. This means that we are projecting the medical loss ratio for policies written in 2016 to deteriorate by 1.5% per year from the average medical loss ratio during policy years 2012 and 2013, which is the experience base used in this filing.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 12 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016 Key Components (Continued)
Experience and Trend Summary After adjusting the policy year 2012 and 2013 experience base for trend, we are projecting a 0.8% increase is necessary to bring premiums in line with total indemnity and medical losses at today’s statutory benefit levels.
Benefits Workers injured in Iowa receive wage replacement (indemnity) benefits at a rate of 80% of their pre-injury weekly wage. These benefits are subject to a weekly minimum and maximum. Each July 1, the minimum and maximum weekly benefits are updated based on Iowa’s most recent state average weekly wage. The latest increase in Iowa’s state average weekly wage is estimated to increase the total indemnity costs by 0.1% and overall system costs by 0.0%.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 13 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016 Key Components (Continued)
Expenses Production and General Expenses & Offset for the Change in Expense Constant The proposed rates include a provision for production and general expenses. Premium to fund these expenses is also collected through the application of an expense constant. The latest data from the Insurance Expense Exhibit (which is reported annually by insurers to state insurance departments) is used to derive the Iowa expense provisions. This filing proposes an increase in the production expense provision from 17.5% to 17.8%, an increase in the general expense provision from 5.2% to 5.5%, and a reduction in the expense constant from $260 to $160. The change in the expense constant is the result of a recent study. A 0.3% increase results from the use of the updated expense data and reflects changes in these expenses over time. An additional 0.6% increase in rates is needed to implement the reduction in the expense constant in a revenue neutral manner. Premium Taxes and Assessments The current provision in the rates for taxes and assessments is 2.2% of premium. In this filing, NCCI is proposing no change to the currently approved provision. Loss-based Expenses The proposed advisory rates include a provision for loss adjustment expenses (LAE). LAE is included in the advisory rates by using a ratio of loss adjustment expense dollars to loss dollars (called the LAE provision). After examining LAE indications based on both Iowa-specific data and countrywide data, NCCI is proposing to reduce the currently approved overall LAE provision from 15.4% to 15.1% of losses. Loss adjustment expenses in Iowa are notably lower than the countrywide average. The overall rate change due to the proposed LAE provision is a decrease of 0.3%.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 14 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016 Key Components (Continued)
Profit and Contingencies Provision By law, Iowa’s rates must be determined such that Iowa’s workers compensation insurers can be expected to earn a return that is adequate, fair, and not excessive. Analysis and determination of a profit and contingencies provision is necessary to ensure this premise is maintained. This filing proposes an increase in the currently approved 2.5% profit and contingencies provision to 3.5% based upon the results from NCCI’s latest internal rate of return model. The overall rate change due to the proposed profit and contingencies provision is an increase of 1.4%. Minimum Premium Program Parameters This filing proposes an increase in the maximum minimum premium from $800 to $900 for the majority of classes. Exceptions to this are the Farming classifications, which will remain at $450, and the Agriculture classifications, which will remain at $600. In order to implement this in a revenue neutral fashion, the proposed rates have been reduced by 0.1% to reflect the additional 0.1% premium which will be generated by this change.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 15 of 44
IOWA WORKERS COMPENSATION FILING – JANUARY 1, 2016 Assigned Risk Market As previously mentioned, an overall average increase of 2.7% to the current assigned risk rate level is also being proposed effective January 1, 2016. A number of assigned risk programs have been instituted in Iowa. These programs help to assure that the assigned risk market is self-funding. This means that the premium collected in the assigned risk market should pay for losses generated by employers in that market. These programs also encourage employers in the assigned risk market to seek coverage in the voluntary market. They are listed below: Assigned Risk Program Removal of Assigned Risk Premium Discounts Take-out Credit Program Assigned Risk Adjustment Program (ARAP) Assigned Risk Differential (Increased to 1.30)
Effective Date 04/16/1987 01/01/1992 07/01/1992 01/01/2014
The following chart provides the history of assigned risk market shares in Iowa, which have increased since 2010.
Iowa Assigned Risk Market Shares 10.0% 9.0%
8.4%
Market Share
8.0% 7.0%
6.2%
6.0%
5.4%
6.4%
2013
2014*
5.0%
4.9%
5.0%
6.3%
4.4%
4.0%
4.1% 3.3%
3.0% 2.0% 1.0% 0.0% 2005
2006
2007
2008
2009
2010
2011
2012
Calendar Year *Preliminary, Source: NCCI Residual Market Management Summary
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Page 16 of 44
IOWA WORKERS COMPENSATION FILING – JANUARY 1, 2016 Conclusion This filing document provides a high-level explanation of the proposed increase in Iowa’s current voluntary advisory prospective rate level and current assigned risk rate level by an average of 2.7%. Here are some of the key observations:
Claim frequency flattened out in policy year 2013
Despite slightly reducing our going-forward projections for medical costs, a rate increase is still needed based on the most recent medical loss ratios
NCCI is proposing a slightly higher profit and contingencies provision based upon the results from our latest internal rate of return model
The following pages contain additional exhibits that may be of interest, including the proposed voluntary advisory rates, assigned risk rates, and rating values by classification.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 17 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016 EXHIBIT I
Iowa Historical Voluntary and Assigned Risk Rate Level Changes
Approved Change
15.0%
9.1%
10.0%
5.0%
4.7%
4.4% 4.4%
3.9% 3.9%
3.8% 3.8% 1.9%
0.0% -2.0%
-5.0%
-3.7%
-3.7%
-10.0% 1/1/2011
1/1/2012
1/1/2013*
7/1/2013*
1/1/2014
1/1/2015
Effective Date Voluntary Assigned Risk * Amended filing with an overall rate level increase of 3.9% for new and renewal policies with a rating effective date of 1/1/13 and a subsequent overall workers compensation rate level increase of 3.8% for new and renewal policies with a rating effective date of 7/1/13.
The chart above shows the average approved voluntary advisory rate and assigned risk rate level changes in Iowa for the last several years.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 18 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
EXHIBIT II
Iowa Written Premium 800 Written Premium ($ millions)
725
749
674
700 598
600 511
531
552
564
2007
2008
536
534
2009
2010
500 400 300 200 100 0
2005
2006
2011
2012
2013
2014
Calendar Year Source: NAIC Annual Statement Data
This exhibit illustrates Iowa calendar year written premium totals for the latest ten years.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 19 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016 EXHIBIT III
Iowa Largest Workers Compensation Writers Calendar Year 2014 EMC Insurance Co Group, 8.6% Travelers Group, 7.7% Blue Cross & Blue Shield of MI Group, 6.8% Liberty Mutual Insurance Group, 5.5% All Other Carriers, 66.0%
Nationwide Corp Group, 5.4%
Source: NAIC Annual Statement Data
The five largest insurance company groups providing workers compensation insurance in Iowa in 2014 are shown in this chart.
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Page 20 of 44
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA
Exhibit IV
Page S1 Effective January 1, 2016
CLASS CODE 0005 0008 0016 0034 0035
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
5.72 3.84 8.40 8.13 4.65
600 582 450 600 600
2.72 1.73 3.56 3.89 2.29
0.33 0.30 0.26 0.33 0.34
2014 2016 2021 2039 2041
9.31 4.91 3.44 6.19 7.00
900 700 538 841 900
3.96 2.45 1.56 3.05 3.44
0.27 0.34 0.30 0.34 0.34
2709 2710 2714 2731 2735
16.26 12.03 7.58 4.91 7.59
900 900 900 700 900
6.93 4.75 3.73 2.08 3.72
0.27 0.24 0.34 0.26 0.34
0036 0037 0042 0050 0059D
4.91 6.05 11.51 10.19 0.61
450 450 600 900 –
2.34 2.72 5.20 4.89 0.11
0.33 0.30 0.30 0.33 0.23
2065 2070 2081 2089 2095
4.16 8.34 5.86 5.77 4.73
618 900 805 795 680
2.00 4.01 2.79 2.77 2.27
0.33 0.33 0.33 0.33 0.33
2759 2790 2797 2799 2802
8.71 2.60 8.38 6.99 7.17
900 446 900 900 900
4.29 1.27 4.02 3.19 3.23
0.34 0.34 0.33 0.30 0.30
0065D 0066D 0067D 0079 0083
0.15 0.15 0.15 5.07 8.89
– – – 600 450
0.03 0.03 0.03 2.14 4.24
0.26 0.27 0.26 0.26 0.33
2105 2110 2111 2112 2114
5.80 3.86 3.64 5.27 4.13
798 585 560 740 614
2.85 1.89 1.80 2.58 2.04
0.34 0.34 0.34 0.34 0.34
2812 2835 2836 2841 2881
– 4.41 3.64 6.35 5.05
– 645 560 859 716
2.12 2.30 1.88 3.11 2.62
0.33 0.44 0.44 0.34 0.44
12.09 6.06 4.59 4.68 10.20
900 827 665 675 900
4.78 2.91 2.20 2.24 4.63
0.24 0.33 0.33 0.33 0.30
2121 2130 2131 2143 2157
2.25 2.80 4.01 3.37 6.06
408 468 601 531 827
1.08 1.35 1.92 1.65 2.92
0.33 0.33 0.33 0.34 0.33
2883 2913 2915 2916 2923
4.42 5.66 4.68 6.45 3.34
646 783 675 870 527
2.12 2.93 2.13 2.55 1.64
0.33 0.44 0.30 0.24 0.34
0401 0771N 0908P 0913P 0917
15.31 0.94 232.00 587.00 6.63
A – 392 747 889
6.05 – 111.59 281.15 3.26
0.24 – 0.33 0.33 0.34
2172 2174 2211 2220 2286
3.25 5.40 13.89 3.48 2.63
518 754 900 543 449
1.48 2.66 5.90 1.67 1.29
0.31 0.34 0.26 0.33 0.34
2942 2960 3004 3018 3022
4.12 6.83 3.28 4.36 6.26
613 900 521 640 849
2.15 3.27 1.40 1.85 3.09
0.44 0.33 0.27 0.26 0.34
1005 1016X 1164D 1165D 1320
7.75 17.18 6.82 5.08 2.73
900 900 900 719 460
2.85 6.31 2.45 1.99 1.08
0.24 0.24 0.23 0.25 0.25
2288 2300 2302 2305 2361
7.01 3.41 3.18 3.48 3.44
900 535 510 543 538
3.45 1.78 1.52 1.57 1.65
0.34 0.44 0.33 0.30 0.33
3027 3028 3030 3040 3041
7.15 3.70 7.12 8.53 7.93
900 567 900 900 900
3.04 1.77 3.02 3.61 3.79
0.26 0.33 0.26 0.26 0.33
1322 1430 1438 1452 1463
10.99 8.50 7.17 3.18 30.05
900 900 900 510 900
4.38 3.61 2.84 1.36 11.90
0.25 0.26 0.25 0.27 0.24
2362 2380 2386 2388 2402
2.66 3.75 3.09 2.71 3.83
453 573 500 458 581
1.27 1.79 1.53 1.33 1.62
0.33 0.33 0.34 0.34 0.26
3042 3064 3069 3076 3081D
6.40 7.67 – 4.90 9.28
864 900 – 699 900
2.90 3.66 2.35 2.35 3.86
0.30 0.33 0.33 0.33 0.26
1472 1624D 1642 1654 1655
7.26 6.31 4.23 8.95 5.04
900 854 625 900 714
2.86 2.47 1.79 3.81 2.16
0.24 0.24 0.26 0.27 0.27
2413 2416 2417 2501 2503
4.36 3.35 2.40 4.75 1.76
640 529 424 683 354
2.09 1.60 1.15 2.26 0.87
0.33 0.33 0.33 0.33 0.34
3082D 3085D 3110 3111 3113
5.99 9.97 11.93 3.66 3.31
819 900 900 563 524
2.51 4.19 5.70 1.75 1.58
0.26 0.27 0.33 0.33 0.33
1699 1701 1710D 1741D 1747
6.02 5.19 6.64 8.84 4.00
822 731 890 900 600
2.55 2.22 2.81 2.82 1.71
0.26 0.27 0.27 0.23 0.27
2534 2570 2585 2586 2587
3.14 6.03 6.03 4.36 3.78
505 823 823 640 576
1.53 2.96 2.96 2.09 1.87
0.34 0.34 0.34 0.33 0.34
3114 3118 3119 3122 3126
5.53 2.74 1.76 2.25 6.52
768 461 354 408 877
2.65 1.35 0.92 1.10 3.11
0.33 0.34 0.44 0.34 0.33
1748 1803D 1852D 1853 1860
7.70 11.44 4.82 3.63 3.14
900 900 690 559 505
3.25 4.36 1.55 1.66 1.55
0.26 0.24 0.23 0.30 0.34
2589 2600 2623 2651 2660
4.01 4.64 10.63 2.89 3.55
601 670 900 478 551
1.92 2.29 4.79 1.42 1.74
0.33 0.34 0.30 0.34 0.34
3131 3132 3145 3146 3169
2.89 4.24 2.79 4.49 4.42
478 626 467 654 646
1.38 2.02 1.33 2.15 2.11
0.33 0.33 0.33 0.33 0.33
3.20 6.80 – 3.20 7.70
512 900 – 512 900
1.57 3.05 3.71 1.57 3.71
0.34 0.30 0.33 0.34 0.33
2670 2683 2688 2701 2702
2.85 2.91 6.28 21.33 24.22
474 480 851 900 900
1.48 1.42 3.07 9.04 8.84
0.44 0.34 0.34 0.26 0.23
3175D 3179 3180 3188 3220
6.17 4.23 4.09 2.54 2.54
839 625 610 439 439
2.90 2.08 2.00 1.25 1.22
0.33 0.34 0.34 0.34 0.33
0106 0113 0170 0251 0400
1924 1925 2001 2002 2003
* Refer to the Footnotes Page for additional information on this class code.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 21 of 44
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA
Exhibit IV
Page S2 Effective January 1, 2016
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
3223 3224 3227 3240 3241
6.08 5.97 6.32 3.80 4.84
829 817 855 578 692
3.14 2.96 3.09 1.86 2.31
0.44 0.34 0.34 0.34 0.33
4021 4024D 4034 4036 4038
3255 3257 3270 3300 3303
3.00 4.06 3.83 6.55 5.73
490 607 581 881 790
1.56 1.94 1.83 3.12 2.81
0.44 0.33 0.33 0.33 0.34
3307 3315 3334 3336 3365
4.33 6.84 5.28 5.42 10.47
636 900 741 756 900
2.08 3.37 2.55 2.30 4.45
3372 3373 3383 3385 3400
5.30 7.65 1.91 1.29 4.01
743 900 370 302 601
3507 3515 3548 3559 3574
7.15 3.48 2.43 6.28 2.07
3581 3612 3620 3629 3632
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
9.14 6.13 11.96 3.77 5.21
900 834 900 575 733
3.89 2.59 5.08 1.60 2.72
0.27 0.26 0.26 0.27 0.44
4568 4581 4583 4611 4635
3.35 1.62 5.30 2.37 5.39
529 338 743 421 753
1.42 0.64 2.10 1.16 1.97
0.26 0.24 0.24 0.34 0.23
4053 4061 4062 4101 4109
2.99 5.56 2.69 4.12 1.22
489 772 456 613 294
1.43 2.74 1.29 1.86 0.60
0.33 0.34 0.33 0.30 0.34
4653 4665 4670 4683 4686
2.94 11.15 14.76 7.79 3.72
483 900 900 900 569
1.44 4.75 6.22 3.73 1.58
0.34 0.27 0.26 0.33 0.26
0.33 0.34 0.33 0.26 0.26
4110 4111 4112 4113 4114
1.41 2.97 – 2.54 3.89
315 487 – 439 588
0.68 1.47 0.68 1.23 1.86
0.33 0.34 0.33 0.33 0.33
4692 4693 4703 4717 4720
0.89 2.82 5.45 2.85 4.47
258 470 760 474 652
0.44 1.35 2.62 1.48 2.14
0.34 0.33 0.33 0.44 0.33
2.39 3.67 0.94 0.63 1.82
0.30 0.33 0.34 0.34 0.30
4130 4131 4133 4149 4150
4.62 6.08 3.98 1.15 –
668 829 598 287 –
2.21 2.98 1.94 0.59 0.59
0.33 0.34 0.34 0.44 0.44
4740 4741 4751 4771N 4777
2.60 3.29 6.69 5.34 6.17
446 522 896 851 839
1.11 1.58 2.80 1.95 2.25
0.27 0.33 0.26 0.23 0.23
900 543 427 851 388
3.42 1.66 1.17 2.98 1.02
0.33 0.33 0.33 0.33 0.34
4206 4207 4239 4240 4243
4.96 4.13 4.04 4.04 3.49
706 614 604 604 544
2.37 1.75 1.73 1.98 1.67
0.33 0.26 0.27 0.34 0.33
4825 4828 4829 4902 4923
4.76 2.71 1.82 4.96 1.65
684 458 360 706 342
2.02 1.23 0.72 2.43 0.79
0.26 0.30 0.24 0.34 0.33
1.99 3.63 6.23 3.84 5.83
379 559 845 582 801
0.98 1.64 2.64 1.88 2.63
0.34 0.30 0.26 0.34 0.30
4244 4250 4251 4263 4273
3.97 3.80 4.24 3.75 3.11
597 578 626 573 502
1.89 1.82 2.03 1.79 1.49
0.33 0.33 0.33 0.33 0.33
5020 5022 5037 5040 5057
7.47 11.62 51.69 31.71 11.58
900 900 900 900 900
3.18 4.61 18.87 11.61 4.22
0.27 0.25 0.23 0.23 0.23
3634 3635 3638 3642 3643
2.86 4.73 3.09 2.86 3.28
475 680 500 475 521
1.41 2.26 1.52 1.36 1.57
0.34 0.33 0.34 0.33 0.33
4279 4282 4283 4299 4304
3.11 3.20 3.25 3.35 7.62
502 512 518 529 900
1.49 1.59 1.55 1.65 3.43
0.33 0.34 0.33 0.34 0.30
5059 5069 5102 5146 5160
27.48 31.17 6.85 6.82 5.83
900 900 900 900 801
10.01 11.52 2.72 2.90 2.34
0.23 0.24 0.25 0.26 0.25
3647 3648 3681 3685 3719
4.62 2.34 1.94 2.40 1.86
668 417 373 424 365
2.10 1.15 0.95 1.18 0.68
0.30 0.34 0.34 0.34 0.23
4307 4351 4352 4360 4361
3.17 1.61 2.34 1.50 1.41
509 337 417 325 315
1.65 0.77 1.15 0.74 0.69
0.44 0.33 0.34 0.34 0.34
5183 5188 5190 5191 5192
5.65 4.77 3.79 1.45 4.57
782 685 577 320 663
2.41 2.03 1.61 0.70 2.18
0.27 0.27 0.27 0.33 0.33
3724 3726 3803 3807 3808
7.31 6.02 6.77 4.52 4.30
900 822 900 657 633
2.89 2.21 3.25 2.22 1.95
0.24 0.24 0.33 0.34 0.30
4362 4410 4420 4431 4432
– 4.01 7.79 2.51 2.33
– 601 900 436 416
0.74 1.92 3.12 1.30 1.21
0.34 0.33 0.25 0.44 0.44
5213 5215 5221 5222 5223
12.04 10.07 8.42 17.40 9.34
900 900 900 900 900
4.81 4.58 3.58 6.91 3.99
0.25 0.30 0.27 0.25 0.27
3821 3822 3824 3826 3827
9.10 7.01 8.08 1.27 3.40
900 900 900 300 534
4.12 3.16 3.65 0.61 1.54
0.30 0.30 0.30 0.33 0.30
4439 4452 4459 4470 4484
3.23 5.68 4.36 4.10 4.55
515 785 640 611 661
1.46 2.71 2.10 1.96 2.17
0.30 0.33 0.33 0.33 0.33
5348 5402 5403 5437 5443
9.67 6.05 16.32 9.62 5.76
900 826 900 900 794
4.14 2.97 6.45 4.12 2.76
0.27 0.34 0.24 0.27 0.33
3830 3851 3865 3881 4000
1.90 5.53 2.42 9.17 14.69
369 768 426 900 900
0.86 2.73 1.25 4.38 5.80
0.30 0.34 0.44 0.33 0.24
4493 4511 4557 4558 4561
4.50 0.94 3.57 3.35 –
655 263 553 529 –
2.15 0.42 1.75 1.60 1.46
0.33 0.30 0.34 0.33 0.30
5445 5462 5472 5473 5474
8.59 12.96 6.47 10.88 8.16
900 900 872 900 900
3.42 5.51 2.37 3.97 3.24
0.25 0.26 0.24 0.23 0.25
* Refer to the Footnotes Page for additional information on this class code.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 22 of 44
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA
Exhibit IV
Page S3 Effective January 1, 2016
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
5478 5479 5480 5491 5506
7.02 10.45 21.48 3.02 9.27
900 900 900 492 900
2.99 4.74 8.50 1.20 3.39
0.27 0.30 0.24 0.25 0.23
6874F 6882 6884 7016M 7024M
25.80 6.63 11.72 10.42 11.58
900 889 900 900 900
6.66 2.44 4.34 3.84 4.27
0.20 0.24 0.24 0.24 0.24
7590 7600 7601 7605 7610
4.91 4.92 – 2.57 0.80
700 701 – 443 248
2.22 2.09 2.09 1.09 0.36
0.30 0.26 0.26 0.26 0.30
5507 5508D 5535 5537 5551
4.37 21.34 8.54 7.10 28.36
641 900 900 900 900
1.74 9.08 3.62 3.01 10.29
0.25 0.27 0.26 0.26 0.23
7038M 7046M 7047M 7050M 7090M
6.34 17.03 21.49 13.07 7.04
857 900 900 900 900
2.30 6.24 7.49 4.48 2.55
0.23 0.24 0.24 0.23 0.23
7611 7612 7613 7705 7710
– – – 8.03 49.90
– – – 900 900
2.09 2.09 2.09 3.64 19.71
0.26 0.26 0.26 0.30 0.24
5606 5610 5645 5651 5703
2.42 11.13 13.21 – 15.78
426 900 900 – 900
0.96 5.30 5.22 5.22 6.71
0.24 0.33 0.24 0.24 0.27
7098M 7099M 7133 7151M 7152M
18.92 35.12 4.95 6.01 12.40
900 900 705 821 900
6.93 12.16 1.97 2.40 4.67
0.24 0.24 0.25 0.25 0.25
7711 7720 7855 8001 8002
49.90 4.59 9.59 2.55 2.78
900 665 900 441 466
19.71 1.95 4.10 1.25 1.33
0.24 0.26 0.27 0.34 0.33
5705 5951 6003 6005 6017
18.25 1.79 9.48 6.43 16.45
900 357 900 867 900
7.73 0.87 4.05 2.74 6.79
0.26 0.34 0.27 0.27 0.25
7153M 7222 7228 7229 7230
6.68 8.62 11.10 10.98 11.72
895 900 900 900 900
2.66 3.68 4.74 4.37 5.31
0.25 0.27 0.27 0.25 0.30
8006 8008 8010 8013 8015
3.72 1.83 2.41 0.44 1.23
569 361 425 208 295
1.78 0.89 1.18 0.21 0.59
0.33 0.34 0.34 0.33 0.33
6018 6045 6204 6206 6213
3.94 4.57 13.32 5.57 3.59
593 663 900 773 555
1.70 1.96 5.30 2.04 1.43
0.27 0.27 0.25 0.23 0.25
7231 7232 7309F 7313F 7317F
12.97 11.07 20.16 3.75 12.13
900 900 900 573 900
5.87 4.42 5.22 0.97 3.12
0.30 0.25 0.20 0.20 0.20
8017 8018 8021 8031 8032
2.23 3.62 3.52 3.08 2.75
405 558 547 499 463
1.09 1.78 1.68 1.47 1.35
0.34 0.34 0.33 0.33 0.34
6214 6216 6217 6229 6233
4.62 9.51 7.94 6.73 3.71
668 900 900 900 568
1.69 3.49 3.14 2.65 1.48
0.23 0.24 0.24 0.24 0.25
7327F 7333M 7335M 7337M 7350F
29.70 18.70 20.78 38.57 14.44
900 900 900 900 900
7.73 6.99 7.77 13.64 3.98
0.20 0.24 0.24 0.24 0.23
8033 8037 8039 8044 8045
1.81 2.23 1.88 3.75 0.61
359 405 367 573 227
0.86 1.09 0.92 1.70 0.30
0.33 0.34 0.34 0.30 0.34
6235 6236 6237 6251D 6252D
10.38 16.95 2.68 9.46 5.59
900 900 455 900 775
3.80 7.21 1.14 3.78 2.02
0.24 0.27 0.27 0.25 0.23
7360 7370 7380 7382 7390
7.56 6.72 6.30 5.71 6.53
900 899 853 788 878
3.22 3.21 2.85 2.72 3.13
0.27 0.33 0.30 0.33 0.33
8046 8047 8058 8072 8102
3.71 1.43 3.95 0.98 2.50
568 317 595 268 435
1.77 0.70 1.88 0.48 1.23
0.33 0.34 0.33 0.34 0.34
6260D 6306 6319 6325 6400
8.41 6.70 4.53 8.79 8.67
900 897 658 900 900
3.08 2.67 1.80 3.49 3.93
0.24 0.25 0.25 0.25 0.30
7394M 7395M 7398M 7402 7403
5.79 6.43 11.93 0.34 5.27
797 867 900 197 740
2.12 2.36 4.14 0.16 2.23
0.24 0.24 0.24 0.33 0.26
8103 8105 8106 8107 8111
3.60 3.58 7.19 4.88 3.32
556 554 900 697 525
1.62 1.76 3.05 2.07 1.59
0.30 0.34 0.26 0.26 0.33
6503 6504 6702M* 6703M* 6704M*
2.11 3.26 11.65 24.03 12.95
392 519 900 900 900
1.04 1.61 4.98 9.71 5.53
0.34 0.34 0.27 0.27 0.27
7405N 7420 7421 7422 7425
1.40 9.39 1.48 2.42 4.94
397 900 323 426 703
0.60 3.48 0.59 0.89 1.82
0.27 0.24 0.24 0.24 0.24
8116 8203 8204 8209 8215
3.54 9.46 5.44 11.33 4.39
549 900 758 900 643
1.69 4.53 2.30 5.44 1.87
0.33 0.33 0.26 0.33 0.26
6801F 6811 6824F 6826F 6834
6.41 8.18 11.72 12.97 10.98
865 900 900 900 900
1.86 3.49 3.27 3.63 4.94
0.25 0.27 0.22 0.25 0.30
7431N 7445N 7453N 7502 7515
1.13 0.75 0.61 3.97 1.48
351 – – 597 323
0.42 – – 1.68 0.54
0.24 – – 0.26 0.23
8227 8232 8233 8235 8263
7.04 8.13 3.75 5.21 10.34
900 900 573 733 900
2.58 3.45 1.61 2.50 4.63
0.24 0.26 0.27 0.33 0.30
6836 6843F 6845F 6854 6872F
7.56 22.30 11.54 5.71 11.21
900 900 900 788 900
3.21 5.82 2.97 2.08 2.90
0.26 0.20 0.20 0.23 0.20
7520 7538 7539 7540 7580
5.38 6.87 4.29 5.47 3.13
752 900 632 762 504
2.58 2.52 1.70 1.98 1.33
0.33 0.24 0.25 0.23 0.26
8264 8265 8279 8288 8291
8.83 9.49 9.53 10.66 6.58
900 900 900 900 884
3.73 3.74 3.76 4.47 2.97
0.26 0.24 0.24 0.26 0.30
* Refer to the Footnotes Page for additional information on this class code.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 23 of 44
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA
Exhibit IV
Page S4 Effective January 1, 2016
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
8292 8293 8304 8350 8380
4.98 14.82 6.79 7.88 3.99
708 900 900 900 599
2.39 6.31 2.88 3.12 1.81
0.33 0.27 0.26 0.25 0.30
9016 9019 9033 9040 9044
4.72 2.93 3.37 4.87 2.15
679 482 531 696 397
2.24 1.24 1.60 2.38 1.06
0.33 0.26 0.33 0.34 0.34
8381 8385 8392 8393 8500
3.62 3.00 2.78 2.90 6.33
558 490 466 479 856
1.64 1.27 1.33 1.39 2.68
0.30 0.26 0.33 0.33 0.26
9052 9058 9059 9060 9061
3.40 2.40 – 1.84 2.01
534 424 – 362 381
1.67 1.24 0.73 0.90 1.04
0.34 0.44 0.34 0.34 0.44
8601 8602 8603 8606 8709F
0.77 1.88 0.14 3.91 7.62
245 367 175 590 900
0.35 0.85 0.06 1.55 1.97
0.30 0.30 0.33 0.25 0.20
9062 9063 9077F 9082 9083
1.68 1.43 5.16 1.84 1.85
345 317 728 362 364
0.87 0.70 1.63 0.95 0.96
0.44 0.34 0.32 0.44 0.44
8719 8720 8721 8723 8725
6.44 2.75 0.47 0.27 3.21
868 463 212 190 513
2.33 1.16 0.20 0.13 1.36
0.23 0.26 0.26 0.33 0.26
9084 9088a 9089 9093 9101
2.34 a 1.95 2.40 7.68
417 a 375 424 900
1.11 a 0.95 1.17 3.77
0.33 a 0.34 0.34 0.34
8726F 8734M 8737M 8738M 8742
4.33 0.80 0.72 1.48 0.59
636 248 239 323 225
1.26 0.34 0.31 0.59 0.25
0.24 0.26 0.26 0.26 0.26
9102 9154 9156 9170 9178
5.63 1.98 2.86 12.54 5.54
779 378 475 900 769
2.68 0.94 1.29 4.56 2.85
0.33 0.33 0.30 0.23 0.44
8745 8748 8755 8799 8800
6.85 0.93 0.71 0.74 2.50
900 262 238 241 435
3.09 0.42 0.30 0.35 1.30
0.30 0.30 0.26 0.33 0.44
9179 9180 9182 9186 9220
23.99 7.31 3.20 13.86 6.59
900 900 512 900 885
11.68 3.07 1.52 5.45 2.98
0.34 0.26 0.33 0.24 0.30
8803 8805M 8810 8814M 8815M
0.12 0.42 0.31 0.38 0.78
173 206 194 202 246
0.05 0.20 0.15 0.18 0.36
0.26 0.33 0.33 0.33 0.33
9402 9403 9410 9501 9505
5.78 9.47 3.30 5.66 5.96
796 900 523 783 816
2.46 3.75 1.58 2.56 2.69
0.27 0.24 0.33 0.30 0.30
8820 8824 8825 8826 8829
0.30 4.12 2.21 4.37 4.09
193 613 403 641 610
0.13 2.02 1.15 2.08 1.96
0.30 0.34 0.44 0.33 0.33
9516 9519 9521 9522 9534
11.14 5.56 6.38 6.05 7.08
900 772 862 826 900
4.73 2.36 2.71 2.90 2.83
0.26 0.26 0.26 0.33 0.25
8831 8832 8833 8835 8842
1.94 0.46 1.29 3.34 3.00
373 211 302 527 490
0.92 0.22 0.62 1.60 1.42
0.33 0.33 0.33 0.33 0.33
9554 9586 9600 9620
15.32 0.88 4.13 1.48
900 257 614 323
6.10 0.46 2.03 0.67
0.25 0.44 0.34 0.30
8855 8856 8864 8868 8869
0.27 0.38 2.38 0.56 1.50
190 202 422 222 325
0.13 0.18 1.13 0.28 0.73
0.33 0.33 0.33 0.34 0.34
8871 8901 9012 9014 9015
0.16 0.53 2.83 5.36 5.44
178 218 471 750 758
0.08 0.24 1.28 2.56 2.59
0.34 0.30 0.30 0.33 0.33
CLASS CODE
RATE
MIN PREM
ELR
* Refer to the Footnotes Page for additional information on this class code.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 24 of 44
D RATIO
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA Exhibit IV Page S5
Effective January 1, 2016 FOOTNOTES a
Rate for each individual risk must be obtained from NCCI Customer Service or the Rating Organization having jurisdiction.
A
Minimum Premium $100 per ginning location for policy minimum premium computation.
D
Rate for classification already includes the specific disease loading shown in the table below. See Basic Manual Rule 3-A-7. Disease Code No. Loading Symbol 0059D 0.61 S 0065D 0.15 S 0066D 0.15 S 0067D 0.15 S 1164D 0.12 S 1165D 0.07 S 1624D 0.07 S Asb=Asbestos, S=Silica
Code No. 1710D 1741D 1803D 1852D 3081D 3082D 3085D
Disease Loading 0.09 1.11 0.45 0.56 0.16 0.07 0.16
Symbol S S S Asb S S S
Disease Code No. Loading 3175D 0.09 4024D 0.04 5508D 0.13 6251D 0.07 6252D 0.05 6260D 0.08
Symbol S S S S S S
F
Rate provides for coverage under the United States Longshore and Harbor Workers Compensation Act and its extensions. Rate includes a provision for USL&HW Assessment.
M
Risks are subject to Admiralty Law or Federal Employers Liability Act (FELA). However, the published rate is for risks that voluntarily purchase standard workers compensation and employers liability coverage. A provision for the USL&HW Assessment is included for those classifications under Program II USL Act.
N
This code is part of a ratable / non-ratable group shown below. The statistical non-ratable code and corresponding rate are applied in addition to the basic classification when determining premium. Class Code 4771 7405 7431
Non-Ratable Element Code 0771 7445 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.
* Class Codes with Specific Footnotes 6702
Rate and rating values only appropriate for laying or relaying of tracks or maintenance of way - no work on elevated railroads. Otherwise, assign appropriate construction or erection code rate and elr each x 1.215.
6703
Rate and rating values only appropriate for laying or relaying of tracks or maintenance of way - no work on elevated railroads. Otherwise, assign appropriate construction or erection class rate x 2.506 and elr x 2.369.
6704
Rate and rating values only appropriate for laying or relaying of tracks or maintenance of way - no work on elevated railroads. Otherwise, assign appropriate construction or erection class rate and elr each x 1.35.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 25 of 44
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA Exhibit IV Page S6
Effective January 1, 2016 MISCELLANEOUS VALUES
Basis of premium applicable in accordance with Basic Manual footnote instructions for Code 7370 -"Taxicab Co.": Employee operated vehicle…………………………………………………………………………………… Leased or rented vehicle………………………………………………………………………………………
$63,500 $42,300
Catastrophe (other than Certified Acts of Terrorism) - (Voluntary) ………………..…..……………………………
0.01
Expense Constant applicable in accordance with Basic Manual Rule 3-A-11………………………………………
$160
Maximum Weekly Payroll applicable in accordance with Basic Manual Rule 2-E -- "Executive Officers" including members of limited liability companies, Rule 2-E-3 for Partners and Sole Proprietors, and Basic Manual footnote instructions for Code 9178 -- "Athletic Sports or Park: Non-Contact Sports", and Code 9179 -- "Athletic Sports or Park: Contact Sports" …………………………………………….…….............. Minimum Weekly Payroll applicable in accordance with Basic Manual Rule 2-E -- "Executive Officers" and members of limited liability companies and Rule 2-E-3 for Partners and Sole Proprietors ………………………
$3,300
$400
Premium Discount Percentages - (See Basic Manual Rule 3-A-19-a.) The following premium discounts are applicable to Standard Premiums:
First Next Next Over
$10,000 190,000 1,550,000 1,750,000
Type A 9.1% 11.3% 12.3%
Type B 5.1% 6.5% 7.5%
Terrorism (Voluntary) ……..………….………………………………………….…………….……………………………
0.02
United States Longshore and Harbor Workers' Compensation Coverage Percentage applicable only in connection with Basic Manual Rule 3-A-4……………...…..….…......…….………...……………
101%
(Multiply a Non-F classification rate by a factor of 2.01 to adjust for differences in benefits and loss-based expenses. This factor is the product of the adjustment for differences in benefits (1.89) and the adjustment for differences in loss-based expenses (1.061).) Experience Rating Eligibility A risk is eligible for intrastate experience rating when the payrolls or other exposures developed in the last year or last two years of the experience period produced a premium of at least $7,500. If more than two years, an average annual premium of at least $3,750 is required. The Experience Rating Plan Manual should be referenced for the latest approved eligibility amounts by state.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 26 of 44
EXPERIENCE RATING PLAN MANUAL
IOWA Exhibit IV
Effective January 1, 2016 TABLE OF WEIGHTING VALUES APPLICABLE TO ALL POLICIES Experience Rating Program - ERA Weighting Expected Values Losses
Expected Losses
Weighting Values
0 2,220 8,974 15,872 22,919
------
2,219 8,973 15,871 22,918 30,120
0.04 0.05 0.06 0.07 0.08
1,251,744 1,320,790 1,393,833 1,471,232 1,553,389
------
1,320,789 1,393,832 1,471,231 1,553,388 1,640,757
0.44 0.45 0.46 0.47 0.48
30,121 50,379 74,991 96,883 118,198
------
50,378 74,990 96,882 118,197 139,516
0.09 0.10 0.11 0.12 0.13
1,640,758 1,733,852 1,833,252 1,939,624 2,053,728
------
1,733,851 1,833,251 1,939,623 2,053,727 2,176,439
0.49 0.50 0.51 0.52 0.53
139,517 161,098 183,088 205,586 228,666
------
161,097 183,087 205,585 228,665 252,390
0.14 0.15 0.16 0.17 0.18
2,176,440 2,308,772 2,451,903 2,607,212 2,776,322
------
2,308,771 2,451,902 2,607,211 2,776,321 2,961,159
0.54 0.55 0.56 0.57 0.58
252,391 276,818 301,998 327,984 354,828
------
276,817 301,997 327,983 354,827 382,582
0.19 0.20 0.21 0.22 0.23
2,961,160 3,164,027 3,387,698 3,635,545 3,911,714
------
3,164,026 3,387,697 3,635,544 3,911,713 4,221,354
0.59 0.60 0.61 0.62 0.63
382,583 411,305 441,053 471,887 503,873
------
411,304 441,052 471,886 503,872 537,082
0.24 0.25 0.26 0.27 0.28
4,221,355 4,570,946 4,968,752 5,425,490 5,955,301
------
4,570,945 4,968,751 5,425,489 5,955,300 6,577,248
0.64 0.65 0.66 0.67 0.68
537,083 571,589 607,475 644,826 683,737
------
571,588 607,474 644,825 683,736 724,308
0.29 0.30 0.31 0.32 0.33
6,577,249 7,317,659 8,213,941 9,321,108 10,723,514
------
7,317,658 8,213,940 9,321,107 10,723,513 12,557,423
0.69 0.70 0.71 0.72 0.73
724,309 766,655 810,893 857,156 905,588
------
766,654 810,892 857,155 905,587 956,345
0.34 0.35 0.36 0.37 0.38
12,557,424 15,058,204 18,670,435 24,346,788 34,564,211
------
15,058,203 18,670,434 24,346,787 34,564,210 58,404,845
0.74 0.75 0.76 0.77 0.78
956,346 1,009,603 1,065,550 1,124,396 1,186,375
------
1,009,602 1,065,549 1,124,395 1,186,374 1,251,743
0.39 0.40 0.41 0.42 0.43
58,404,846 177,607,963
--
177,607,962 AND OVER
0.79 0.80
(a) G . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (b) State Per Claim Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (c) State Multiple Claim Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (d) USL&HW Per Claim Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (e) USL&HW Multiple Claim Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (f) Employers Liability Accident Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (g) Primary/Excess Loss Split Point . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (h) USL&HW Act -- Expected Loss Factor -- Non-F Classes . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Multiply a Non-F classification ELR by the USL&HW Act - Expected Loss Factor of 1.89.) © Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
10.60 $264,500 $529,000 $469,500 $939,000 $55,000 $16,000 1.89
7/15
Page 27 of 44
EXPERIENCE RATING PLAN MANUAL
IOWA Exhibit IV Effective January 1, 2016 TABLE OF BALLAST VALUES APPLICABLE TO ALL POLICIES Experience Rating Plan - ERA
Expected Losses
Ballast Values
Expected Losses
Ballast Values
Expected Losses
Ballast Values
0 57,016 98,130 145,370 195,205
------
57,015 98,129 145,369 195,204 246,251
26,500 31,800 37,100 42,400 47,700
1,829,571 1,882,541 1,935,513 1,988,486 2,041,460
------
1,882,540 1,935,512 1,988,485 2,041,459 2,094,435
212,000 217,300 222,600 227,900 233,200
3,684,033 3,737,026 3,790,018 3,843,011 3,896,004
------
3,737,025 3,790,017 3,843,010 3,896,003 3,948,996
397,500 402,800 408,100 413,400 418,700
246,252 297,940 350,002 402,300 454,755
------
297,939 350,001 402,299 454,754 507,319
53,000 58,300 63,600 68,900 74,200
2,094,436 2,147,413 2,200,391 2,253,370 2,306,350
------
2,147,412 2,200,390 2,253,369 2,306,349 2,359,330
238,500 243,800 249,100 254,400 259,700
3,948,997 4,001,991 4,054,985 4,107,978 4,160,972
------
4,001,990 4,054,984 4,107,977 4,160,971 4,213,965
424,000 429,300 434,600 439,900 445,200
507,320 559,966 612,671 665,423 718,210
------
559,965 612,670 665,422 718,209 771,025
79,500 84,800 90,100 95,400 100,700
2,359,331 2,412,313 2,465,296 2,518,279 2,571,263
------
2,412,312 2,465,295 2,518,278 2,571,262 2,624,247
265,000 270,300 275,600 280,900 286,200
4,213,966 4,266,961 4,319,955 4,372,949 4,425,944
------
4,266,960 4,319,954 4,372,948 4,425,943 4,478,938
450,500 455,800 461,100 466,400 471,700
771,026 823,866 876,724 929,599 982,487
------
823,865 876,723 929,598 982,486 1,035,385
106,000 111,300 116,600 121,900 127,200
2,624,248 2,677,233 2,730,219 2,783,205 2,836,192
------
2,677,232 2,730,218 2,783,204 2,836,191 2,889,178
291,500 296,800 302,100 307,400 312,700
4,478,939 4,531,934 4,584,929 4,637,924 4,690,919
------
4,531,933 4,584,928 4,637,923 4,690,918 4,743,913
477,000 482,300 487,600 492,900 498,200
1,035,386 1,088,295 1,141,212 1,194,137 1,247,068
------
1,088,294 1,141,211 1,194,136 1,247,067 1,300,003
132,500 137,800 143,100 148,400 153,700
2,889,179 2,942,167 2,995,155 3,048,144 3,101,133
------
2,942,166 2,995,154 3,048,143 3,101,132 3,154,121
318,000 323,300 328,600 333,900 339,200
4,743,914 4,796,910 4,849,905 4,902,901 4,955,897
------
4,796,909 4,849,904 4,902,900 4,955,896 5,008,891
503,500 508,800 514,100 519,400 524,700
1,300,004 1,352,946 1,405,892 1,458,842 1,511,795
------
1,352,945 1,405,891 1,458,841 1,511,794 1,564,750
159,000 164,300 169,600 174,900 180,200
3,154,122 3,207,112 3,260,102 3,313,093 3,366,083
------
3,207,111 3,260,101 3,313,092 3,366,082 3,419,073
344,500 349,800 355,100 360,400 365,700
5,008,892 --
5,061,500
530,000
1,564,751 1,617,710 1,670,672 1,723,636 1,776,603
------
1,617,709 1,670,671 1,723,635 1,776,602 1,829,570
185,500 190,800 196,100 201,400 206,700
3,419,074 3,472,066 3,525,057 3,578,049 3,631,041
------
3,472,065 3,525,056 3,578,048 3,631,040 3,684,032
371,000 376,300 381,600 386,900 392,200
For Expected Losses greater than $5,061,500, the Ballast Value can be calculated using the following formula (rounded to the nearest 1): Ballast = (0.10)(Expected Losses) + 2500(Expected Losses)(10.60) / (Expected Losses + (700)(10.60)) G = 10.60
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
7/15
Page 28 of 44
RETROSPECTIVE RATING PLAN MANUAL STATE SPECIAL RATING VALUES
IOWA RR 1 Exhibit IV
Effective January 1, 2016 1.
Hazard Group Differentials A B C D E 1.25 1.00 0.93 0.78 0.66
2. F 0.55
G 0.47
Expected Loss and Allocated Expense Ratio 0.660
3.
Expected Loss Ratio 0.585
5.
2013 Table of Expected Loss Ranges Effective January 1, 2013
6.
4.
Tax Multipliers a. State (non-F Classes) b. Federal Classes, or non-F classes where rate is increased by the USL&HW Act Percentage
Table of Expense Ratios Type A: 2015-01 Type B: 2015-01
Excess Loss Factors (Applicable to New and Renewal Policies) Per Accident Limitation $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000
A 0.459 0.427 0.402 0.380 0.362 0.345 0.330 0.305 0.258 0.225 0.200 0.181 0.166 0.153 0.142 0.132 0.124 0.117 0.111 0.105 0.100 0.095 0.091 0.087 0.084 0.080 0.069 0.061 0.054 0.049 0.044 0.022 0.014 0.010 0.007 0.006 0.005 0.004 0.003 0.003
B 0.491 0.463 0.439 0.419 0.401 0.385 0.371 0.346 0.298 0.264 0.238 0.217 0.200 0.186 0.173 0.163 0.154 0.146 0.138 0.132 0.126 0.121 0.116 0.111 0.107 0.103 0.090 0.080 0.072 0.066 0.060 0.032 0.021 0.015 0.012 0.009 0.008 0.006 0.005 0.004
C 0.501 0.473 0.451 0.431 0.414 0.398 0.384 0.360 0.313 0.279 0.253 0.232 0.214 0.200 0.188 0.177 0.167 0.159 0.152 0.145 0.139 0.133 0.128 0.123 0.119 0.115 0.102 0.091 0.082 0.075 0.069 0.038 0.026 0.019 0.015 0.012 0.010 0.008 0.007 0.006
Hazard Groups D 0.525 0.501 0.480 0.462 0.445 0.431 0.417 0.393 0.347 0.312 0.285 0.263 0.245 0.229 0.216 0.204 0.194 0.185 0.177 0.169 0.162 0.156 0.151 0.145 0.140 0.136 0.121 0.108 0.099 0.090 0.084 0.047 0.032 0.024 0.019 0.015 0.012 0.010 0.009 0.008
E 0.540 0.518 0.499 0.483 0.468 0.454 0.441 0.419 0.374 0.340 0.313 0.291 0.273 0.257 0.243 0.231 0.221 0.211 0.202 0.195 0.187 0.181 0.175 0.169 0.164 0.159 0.142 0.129 0.119 0.110 0.102 0.060 0.042 0.032 0.026 0.021 0.018 0.015 0.013 0.011
F 0.557 0.538 0.521 0.506 0.492 0.480 0.468 0.447 0.404 0.371 0.344 0.322 0.303 0.286 0.272 0.259 0.248 0.238 0.229 0.220 0.213 0.205 0.199 0.193 0.187 0.182 0.163 0.149 0.137 0.127 0.118 0.071 0.051 0.039 0.031 0.026 0.022 0.019 0.016 0.014
G 0.561 0.544 0.530 0.516 0.504 0.493 0.482 0.463 0.424 0.393 0.368 0.347 0.329 0.314 0.300 0.288 0.277 0.267 0.257 0.249 0.241 0.234 0.228 0.221 0.216 0.210 0.192 0.176 0.164 0.153 0.144 0.092 0.068 0.054 0.044 0.038 0.032 0.028 0.025 0.022
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 29 of 44
1.022
1.063
RETROSPECTIVE RATING PLAN MANUAL STATE SPECIAL RATING VALUES
IOWA RR 2 Exhibit IV
Effective January 1, 2016 Excess Loss and Allocated Expense Factors (Applicable to New and Renewal Policies) Per Accident Limitation $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000
A 0.503 0.470 0.444 0.421 0.401 0.384 0.368 0.342 0.292 0.257 0.230 0.209 0.192 0.178 0.166 0.156 0.147 0.139 0.132 0.126 0.120 0.115 0.110 0.105 0.101 0.098 0.085 0.075 0.067 0.061 0.056 0.029 0.018 0.013 0.010 0.008 0.006 0.005 0.004 0.004
7.
B 0.537 0.507 0.483 0.462 0.443 0.426 0.411 0.385 0.334 0.298 0.270 0.248 0.229 0.214 0.201 0.189 0.179 0.170 0.162 0.155 0.149 0.143 0.137 0.132 0.128 0.123 0.109 0.097 0.088 0.080 0.074 0.040 0.027 0.020 0.015 0.012 0.010 0.008 0.007 0.006
C 0.547 0.519 0.495 0.474 0.456 0.440 0.425 0.400 0.350 0.314 0.286 0.263 0.245 0.229 0.216 0.204 0.194 0.185 0.176 0.169 0.162 0.156 0.150 0.145 0.140 0.136 0.121 0.108 0.099 0.091 0.084 0.047 0.032 0.024 0.018 0.015 0.012 0.010 0.009 0.008
Hazard Groups D 0.572 0.547 0.525 0.506 0.489 0.474 0.460 0.435 0.386 0.349 0.320 0.297 0.277 0.261 0.246 0.234 0.223 0.213 0.204 0.195 0.188 0.181 0.175 0.169 0.164 0.159 0.142 0.128 0.117 0.108 0.100 0.057 0.039 0.029 0.023 0.019 0.016 0.013 0.011 0.010
E 0.587 0.565 0.546 0.528 0.513 0.498 0.485 0.462 0.414 0.379 0.350 0.327 0.307 0.290 0.275 0.262 0.251 0.240 0.231 0.222 0.215 0.207 0.201 0.195 0.189 0.184 0.165 0.151 0.138 0.128 0.120 0.072 0.051 0.039 0.031 0.026 0.022 0.018 0.016 0.014
F 0.605 0.586 0.568 0.553 0.539 0.525 0.513 0.491 0.446 0.411 0.383 0.359 0.339 0.321 0.306 0.292 0.280 0.269 0.259 0.250 0.242 0.234 0.227 0.220 0.214 0.208 0.188 0.172 0.159 0.147 0.138 0.084 0.060 0.047 0.038 0.031 0.026 0.023 0.020 0.017
G 0.609 0.592 0.577 0.563 0.550 0.538 0.527 0.507 0.466 0.434 0.407 0.385 0.366 0.349 0.335 0.321 0.310 0.299 0.289 0.280 0.272 0.264 0.257 0.250 0.244 0.238 0.217 0.201 0.187 0.175 0.165 0.106 0.079 0.063 0.052 0.044 0.038 0.033 0.029 0.026
Retrospective Development Factors
1st Adj. 0.04
With Loss Limit 2nd Adj. 0.03
3rd Adj. 0.03
1st Adj. 0.18
Without Loss Limit 2nd 3rd Adj. Adj. 0.13 0.13
4th & Subsequent Adjustment 0.00
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 30 of 44
Table of Expense Ratios - Excluding Taxes and Including Profit and Contingencies Type A: 2015-01 WC Premium Range From To
Expense Ratio
WC Premium Range From To
Expense Ratio
WC Premium Range From To
Expense Ratio
0 10,056 10,168 10,283 10,400
-
10,055 10,167 10,282 10,399 10,520
0.376 0.375 0.374 0.373 0.372
21,928 22,470 23,038 23,637 24,267
-
22,469 23,037 23,636 24,266 24,931
0.328 0.327 0.326 0.325 0.324
393,334 424,800 461,740 505,715 558,948
-
424,799 461,739 505,714 558,947 624,705
0.280 0.279 0.278 0.277 0.276
10,521 10,644 10,770 10,899 11,031
-
10,643 10,769 10,898 11,030 11,165
0.371 0.370 0.369 0.368 0.367
24,932 25,634 26,377 27,165 28,000
-
25,633 26,376 27,164 27,999 28,888
0.323 0.322 0.321 0.320 0.319
624,706 708,000 816,924 965,455 1,180,000
-
707,999 816,923 965,454 1,179,999 1,517,142
0.275 0.274 0.273 0.272 0.271
11,166 11,305 11,447 11,593 11,742
-
11,304 11,446 11,592 11,741 11,895
0.366 0.365 0.364 0.363 0.362
28,889 29,837 30,848 31,930 33,091
-
29,836 30,847 31,929 33,090 34,339
0.318 0.317 0.316 0.315 0.314
1,517,143 1,824,800 1,983,479 2,172,381 2,401,053
-
1,824,799 1,983,478 2,172,380 2,401,052 2,683,529
0.270 0.269 0.268 0.267 0.266
11,896 12,053 12,215 12,381 12,552
-
12,052 12,214 12,380 12,551 12,727
0.361 0.360 0.359 0.359 0.358
34,340 35,687 37,143 38,724 40,445
-
35,686 37,142 38,723 40,444 42,325
0.313 0.312 0.311 0.311 0.310
2,683,530 3,041,334 3,509,231 4,147,273 5,068,889
-
3,041,333 3,509,230 4,147,272 5,068,888 6,517,142
0.265 0.264 0.263 0.263 0.262
12,728 12,908 13,094 13,285 13,482
-
12,907 13,093 13,284 13,481 13,684
0.357 0.356 0.355 0.354 0.353
42,326 44,391 46,667 49,190 52,000
-
44,390 46,666 49,189 51,999 55,151
0.309 0.308 0.307 0.306 0.305
6,517,143 9,124,000 15,206,667 45,620,000
-
9,123,999 15,206,666 45,619,999 And Above
0.261 0.260 0.259 0.258
13,685 13,894 14,109 14,331 14,560
-
13,893 14,108 14,330 14,559 14,796
0.352 0.351 0.350 0.349 0.348
55,152 58,710 62,759 67,408 72,800
-
58,709 62,758 67,407 72,799 79,130
0.304 0.303 0.302 0.301 0.300
14,797 15,042 15,295 15,556 15,827
-
15,041 15,294 15,555 15,826 16,106
0.347 0.346 0.345 0.344 0.343
79,131 86,667 95,790 107,059 121,334
-
86,666 95,789 107,058 121,333 139,999
0.299 0.298 0.297 0.296 0.295
16,107 16,397 16,698 17,010 17,334
-
16,396 16,697 17,009 17,333 17,669
0.342 0.341 0.340 0.339 0.338
140,000 165,455 200,378 208,236 216,735
-
165,454 200,377 208,235 216,734 225,957
0.294 0.293 0.292 0.291 0.290
17,670 18,020 18,384 18,763 19,158
-
18,019 18,383 18,762 19,157 19,569
0.337 0.336 0.335 0.335 0.334
225,958 236,000 246,977 259,025 272,308
-
235,999 246,976 259,024 272,307 287,027
0.289 0.288 0.287 0.287 0.286
19,570 20,000 20,450 20,920 21,412
-
19,999 20,449 20,919 21,411 21,927
0.333 0.332 0.331 0.330 0.329
287,028 303,429 321,819 342,581 366,207
-
303,428 321,818 342,580 366,206 393,333
0.285 0.284 0.283 0.282 0.281
First Next Next Over
-
Expected Loss Ratio: Tax Multiplier: © Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
10,000 190,000 1,550,000 1,750,000
0.0% 9.1% 11.3% 12.3% 0.585 1.041
Page 31 of 44
Table of Expense Ratios - Excluding Taxes and Including Profit and Contingencies Type B: 2015-01 WC Premium Range From To
Expense Ratio
WC Premium Range From To
Expense Ratio
WC Premium Range From To
Expense Ratio
0 10,100 10,304 10,516 10,737
-
10,099 10,303 10,515 10,736 10,967
0.376 0.375 0.374 0.373 0.372
19,246 20,000 20,817 21,703 22,667
-
19,999 20,816 21,702 22,666 23,720
0.352 0.351 0.350 0.349 0.348
213,549 228,276 245,186 264,800 287,827
-
228,275 245,185 264,799 287,826 315,238
0.328 0.327 0.326 0.325 0.324
10,968 11,209 11,461 11,725 12,000
-
11,208 11,460 11,724 11,999 12,289
0.371 0.370 0.369 0.368 0.367
23,721 24,879 26,154 27,568 29,143
-
24,878 26,153 27,567 29,142 30,909
0.347 0.346 0.345 0.344 0.343
315,239 348,422 389,412 441,334 509,231
-
348,421 389,411 441,333 509,230 601,818
0.323 0.322 0.321 0.320 0.319
12,290 12,593 12,912 13,247 13,600
-
12,592 12,911 13,246 13,599 13,972
0.366 0.365 0.364 0.363 0.362
30,910 32,904 35,173 37,778 40,800
-
32,903 35,172 37,777 40,799 44,347
0.342 0.341 0.340 0.339 0.338
601,819 735,556 945,715 1,324,000 1,809,566
-
735,555 945,714 1,323,999 1,809,565 1,981,904
0.318 0.317 0.316 0.315 0.314
13,973 14,367 14,783 15,224 15,693
-
14,366 14,782 15,223 15,692 16,190
0.361 0.360 0.359 0.359 0.358
44,348 48,572 53,685 60,000 68,000
-
48,571 53,684 59,999 67,999 78,461
0.337 0.336 0.335 0.335 0.334
1,981,905 2,190,527 2,448,236 2,774,667 3,201,539
-
2,190,526 2,448,235 2,774,666 3,201,538 3,783,636
0.313 0.312 0.311 0.311 0.310
16,191 16,722 17,289 17,895 18,546
-
16,721 17,288 17,894 18,545 19,245
0.357 0.356 0.355 0.354 0.353
78,462 92,728 113,334 145,715 200,607
-
92,727 113,333 145,714 200,606 213,548
0.333 0.332 0.331 0.330 0.329
3,783,637 4,624,445 5,945,715 8,324,000 13,873,334
-
4,624,444 5,945,714 8,323,999 13,873,333 41,619,999
0.309 0.308 0.307 0.306 0.305
41,620,000
-
And Above
0.304
First Next Next
-
10,000 190,000 1,550,000
0.0% 5.1% 6.5%
Over
-
1,750,000
7.5%
Expected Loss Ratio: Tax Multiplier:
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 32 of 44
0.585 1.041
Table of Expense Ratios - Excluding Allocated Loss Adjustment Expense and Taxes and Including Profit and Contingencies Type A: 2015-01 WC Premium Range From To
Expense Ratio
WC Premium Range From To
Expense Ratio
WC Premium Range From To
Expense Ratio
0 10,056 10,168 10,283 10,400
-
10,055 10,167 10,282 10,399 10,520
0.300 0.299 0.298 0.297 0.296
21,928 22,470 23,038 23,637 24,267
-
22,469 23,037 23,636 24,266 24,931
0.252 0.251 0.250 0.249 0.248
393,334 424,800 461,740 505,715 558,948
-
424,799 461,739 505,714 558,947 624,705
0.204 0.203 0.202 0.201 0.200
10,521 10,644 10,770 10,899 11,031
-
10,643 10,769 10,898 11,030 11,165
0.295 0.294 0.293 0.292 0.291
24,932 25,634 26,377 27,165 28,000
-
25,633 26,376 27,164 27,999 28,888
0.247 0.246 0.245 0.244 0.243
624,706 708,000 816,924 965,455 1,180,000
-
707,999 816,923 965,454 1,179,999 1,517,142
0.199 0.198 0.197 0.196 0.195
11,166 11,305 11,447 11,593 11,742
-
11,304 11,446 11,592 11,741 11,895
0.290 0.289 0.288 0.287 0.286
28,889 29,837 30,848 31,930 33,091
-
29,836 30,847 31,929 33,090 34,339
0.242 0.241 0.240 0.239 0.238
1,517,143 1,824,800 1,983,479 2,172,381 2,401,053
-
1,824,799 1,983,478 2,172,380 2,401,052 2,683,529
0.194 0.193 0.192 0.191 0.190
11,896 12,053 12,215 12,381 12,552
-
12,052 12,214 12,380 12,551 12,727
0.285 0.284 0.284 0.283 0.282
34,340 35,687 37,143 38,724 40,445
-
35,686 37,142 38,723 40,444 42,325
0.237 0.236 0.235 0.235 0.234
2,683,530 3,041,334 3,509,231 4,147,273 5,068,889
-
3,041,333 3,509,230 4,147,272 5,068,888 6,517,142
0.189 0.188 0.187 0.187 0.186
12,728 12,908 13,094 13,285 13,482
-
12,907 13,093 13,284 13,481 13,684
0.281 0.280 0.279 0.278 0.277
42,326 44,391 46,667 49,190 52,000
-
44,390 46,666 49,189 51,999 55,151
0.233 0.232 0.231 0.230 0.229
6,517,143 9,124,000 15,206,667 45,620,000
-
9,123,999 15,206,666 45,619,999 And Above
0.185 0.184 0.183 0.182
13,685 13,894 14,109 14,331 14,560
-
13,893 14,108 14,330 14,559 14,796
0.276 0.275 0.274 0.273 0.272
55,152 58,710 62,759 67,408 72,800
-
58,709 62,758 67,407 72,799 79,130
0.228 0.227 0.226 0.225 0.224
14,797 15,042 15,295 15,556 15,827
-
15,041 15,294 15,555 15,826 16,106
0.271 0.270 0.269 0.268 0.267
79,131 86,667 95,790 107,059 121,334
-
86,666 95,789 107,058 121,333 139,999
0.223 0.222 0.221 0.220 0.219
16,107 16,397 16,698 17,010 17,334
-
16,396 16,697 17,009 17,333 17,669
0.266 0.265 0.264 0.263 0.262
140,000 165,455 200,378 208,236 216,735
-
165,454 200,377 208,235 216,734 225,957
0.218 0.217 0.216 0.215 0.214
17,670 18,020 18,384 18,763 19,158
-
18,019 18,383 18,762 19,157 19,569
0.261 0.260 0.260 0.259 0.258
225,958 236,000 246,977 259,025 272,308
-
235,999 246,976 259,024 272,307 287,027
0.213 0.212 0.211 0.211 0.210
19,570 20,000 20,450 20,920 21,412
-
19,999 20,449 20,919 21,411 21,927
0.257 0.256 0.255 0.254 0.253
287,028 303,429 321,819 342,581 366,207
-
303,428 321,818 342,580 366,206 393,333
0.209 0.208 0.207 0.206 0.205
First Next Next Over
-
10,000 190,000 1,550,000 1,750,000
Expected Loss and ALAE Ratio: Tax Multiplier:
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
0.0% 9.1% 11.3% 12.3% 0.660 1.041
Page 33 of 44
Table of Expense Ratios - Excluding Allocated Loss Adjustment Expense and Taxes and Including Profit and Contingencies Type B: 2015-01 WC Premium Range From To
Expense Ratio
WC Premium Range From To
Expense Ratio
WC Premium Range From To
Expense Ratio
0 10,100 10,304 10,516 10,737
-
10,099 10,303 10,515 10,736 10,967
0.300 0.299 0.298 0.297 0.296
19,246 20,000 20,817 21,703 22,667
-
19,999 20,816 21,702 22,666 23,720
0.276 0.275 0.274 0.273 0.272
213,549 228,276 245,186 264,800 287,827
-
228,275 245,185 264,799 287,826 315,238
0.252 0.251 0.250 0.249 0.248
10,968 11,209 11,461 11,725 12,000
-
11,208 11,460 11,724 11,999 12,289
0.295 0.294 0.293 0.292 0.291
23,721 24,879 26,154 27,568 29,143
-
24,878 26,153 27,567 29,142 30,909
0.271 0.270 0.269 0.268 0.267
315,239 348,422 389,412 441,334 509,231
-
348,421 389,411 441,333 509,230 601,818
0.247 0.246 0.245 0.244 0.243
12,290 12,593 12,912 13,247 13,600
-
12,592 12,911 13,246 13,599 13,972
0.290 0.289 0.288 0.287 0.286
30,910 32,904 35,173 37,778 40,800
-
32,903 35,172 37,777 40,799 44,347
0.266 0.265 0.264 0.263 0.262
601,819 735,556 945,715 1,324,000 1,809,566
-
735,555 945,714 1,323,999 1,809,565 1,981,904
0.242 0.241 0.240 0.239 0.238
13,973 14,367 14,783 15,224 15,693
-
14,366 14,782 15,223 15,692 16,190
0.285 0.284 0.284 0.283 0.282
44,348 48,572 53,685 60,000 68,000
-
48,571 53,684 59,999 67,999 78,461
0.261 0.260 0.260 0.259 0.258
1,981,905 2,190,527 2,448,236 2,774,667 3,201,539
-
2,190,526 2,448,235 2,774,666 3,201,538 3,783,636
0.237 0.236 0.235 0.235 0.234
16,191 16,722 17,289 17,895 18,546
-
16,721 17,288 17,894 18,545 19,245
0.281 0.280 0.279 0.278 0.277
78,462 92,728 113,334 145,715 200,607
-
92,727 113,333 145,714 200,606 213,548
0.257 0.256 0.255 0.254 0.253
3,783,637 4,624,445 5,945,715 8,324,000 13,873,334
-
4,624,444 5,945,714 8,323,999 13,873,333 41,619,999
0.233 0.232 0.231 0.230 0.229
41,620,000
-
And Above
0.228
First Next Next Over
10,000 190,000 1,550,000 1,750,000
Expected Loss and ALAE Ratio: Tax Multiplier:
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 34 of 44
0.0% 5.1% 6.5% 7.5% 0.660 1.041
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA
Exhibit V
Page S1 Effective January 1, 2016 APPLICABLE TO ASSIGNED RISK POLICIES ONLY
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
0005 0008 0016 0034 0035
7.44 4.99 10.92 10.57 6.05
600 600 450 600 600
2.72 1.73 3.56 3.89 2.29
0.33 0.30 0.26 0.33 0.34
2014 2016 2021 2039 2041
12.10 6.38 4.47 8.05 9.10
900 862 652 900 900
3.96 2.45 1.56 3.05 3.44
0.27 0.34 0.30 0.34 0.34
2709 2710 2714 2731 2735
21.14 15.64 9.85 6.38 9.87
900 900 900 862 900
6.93 4.75 3.73 2.08 3.72
0.27 0.24 0.34 0.26 0.34
0036 0037 0042 0050 0059D
6.38 7.87 14.96 13.25 0.79
450 450 600 900 –
2.34 2.72 5.20 4.89 0.11
0.33 0.30 0.30 0.33 0.23
2065 2070 2081 2089 2095
5.41 10.84 7.62 7.50 6.15
755 900 900 900 837
2.00 4.01 2.79 2.77 2.27
0.33 0.33 0.33 0.33 0.33
2759 2790 2797 2799 2802
11.32 3.38 10.89 9.09 9.32
900 532 900 900 900
4.29 1.27 4.02 3.19 3.23
0.34 0.34 0.33 0.30 0.30
0065D 0066D 0067D 0079 0083
0.20 0.20 0.20 6.59 11.56
– – – 600 450
0.03 0.03 0.03 2.14 4.24
0.26 0.27 0.26 0.26 0.33
2105 2110 2111 2112 2114
7.54 5.02 4.73 6.85 5.37
900 712 680 900 751
2.85 1.89 1.80 2.58 2.04
0.34 0.34 0.34 0.34 0.34
2812 2835 2836 2841 2881
– 5.73 4.73 8.26 6.57
– 790 680 900 883
2.12 2.30 1.88 3.11 2.62
0.33 0.44 0.44 0.34 0.44
0106 0113 0170 0251 0400
15.72 7.88 5.97 6.08 13.26
900 900 817 829 900
4.78 2.91 2.20 2.24 4.63
0.24 0.33 0.33 0.33 0.30
2121 2130 2131 2143 2157
2.93 3.64 5.21 4.38 7.88
482 560 733 642 900
1.08 1.35 1.92 1.65 2.92
0.33 0.33 0.33 0.34 0.33
2883 2913 2915 2916 2923
5.75 7.36 6.08 8.39 4.34
793 900 829 900 637
2.12 2.93 2.13 2.55 1.64
0.33 0.44 0.30 0.24 0.34
0401 0771N 0908P 0913P 0917
19.90 1.22 302.00 763.00 8.62
A – 462 900 900
6.05 – 111.59 281.15 3.26
0.24 – 0.33 0.33 0.34
2172 2174 2211 2220 2286
4.23 7.02 18.06 4.52 3.42
625 900 900 657 536
1.48 2.66 5.90 1.67 1.29
0.31 0.34 0.26 0.33 0.34
2942 2960 3004 3018 3022
5.36 8.88 4.26 5.67 8.14
750 900 629 784 900
2.15 3.27 1.40 1.85 3.09
0.44 0.33 0.27 0.26 0.34
1005 1016X 1164D 1165D 1320
10.08 22.33 8.87 6.60 3.55
900 900 900 886 551
2.85 6.31 2.45 1.99 1.08
0.24 0.24 0.23 0.25 0.25
2288 2300 2302 2305 2361
9.11 4.43 4.13 4.52 4.47
900 647 614 657 652
3.45 1.78 1.52 1.57 1.65
0.34 0.44 0.33 0.30 0.33
3027 3028 3030 3040 3041
9.30 4.81 9.26 11.09 10.31
900 689 900 900 900
3.04 1.77 3.02 3.61 3.79
0.26 0.33 0.26 0.26 0.33
1322 1430 1438 1452 1463
14.29 11.05 9.32 4.13 39.07
900 900 900 614 900
4.38 3.61 2.84 1.36 11.90
0.25 0.26 0.25 0.27 0.24
2362 2380 2386 2388 2402
3.46 4.88 4.02 3.52 4.98
541 697 602 547 708
1.27 1.79 1.53 1.33 1.62
0.33 0.33 0.34 0.34 0.26
3042 3064 3069 3076 3081D
8.32 9.97 – 6.37 12.07
900 900 – 861 900
2.90 3.66 2.35 2.35 3.86
0.30 0.33 0.33 0.33 0.26
1472 1624D 1642 1654 1655
9.44 8.20 5.50 11.64 6.55
900 900 765 900 881
2.86 2.47 1.79 3.81 2.16
0.24 0.24 0.26 0.27 0.27
2413 2416 2417 2501 2503
5.67 4.36 3.12 6.18 2.29
784 640 503 840 412
2.09 1.60 1.15 2.26 0.87
0.33 0.33 0.33 0.33 0.34
3082D 3085D 3110 3111 3113
7.79 12.96 15.51 4.76 4.30
900 900 900 684 633
2.51 4.19 5.70 1.75 1.58
0.26 0.27 0.33 0.33 0.33
1699 1701 1710D 1741D 1747
7.83 6.75 8.64 11.49 5.20
900 900 900 900 732
2.55 2.22 2.81 2.82 1.71
0.26 0.27 0.27 0.23 0.27
2534 2570 2585 2586 2587
4.08 7.84 7.84 5.67 4.91
609 900 900 784 700
1.53 2.96 2.96 2.09 1.87
0.34 0.34 0.34 0.33 0.34
3114 3118 3119 3122 3126
7.19 3.56 2.29 2.93 8.48
900 552 412 482 900
2.65 1.35 0.92 1.10 3.11
0.33 0.34 0.44 0.34 0.33
1748 1803D 1852D 1853 1860
10.01 14.88 6.27 4.72 4.08
900 900 850 679 609
3.25 4.36 1.55 1.66 1.55
0.26 0.24 0.23 0.30 0.34
2589 2600 2623 2651 2660
5.21 6.03 13.82 3.76 4.62
733 823 900 574 668
1.92 2.29 4.79 1.42 1.74
0.33 0.34 0.30 0.34 0.34
3131 3132 3145 3146 3169
3.76 5.51 3.63 5.84 5.75
574 766 559 802 793
1.38 2.02 1.33 2.15 2.11
0.33 0.33 0.33 0.33 0.33
1924 1925 2001 2002 2003
4.16 8.84 – 4.16 10.01
618 900 – 618 900
1.57 3.05 3.71 1.57 3.71
0.34 0.30 0.33 0.34 0.33
2670 2683 2688 2701 2702
3.71 3.78 8.16 27.73 31.49
568 576 900 900 900
1.48 1.42 3.07 9.04 8.84
0.44 0.34 0.34 0.26 0.23
3175D 3179 3180 3188 3220
8.02 5.50 5.32 3.30 3.30
900 765 745 523 523
2.90 2.08 2.00 1.25 1.22
0.33 0.34 0.34 0.34 0.33
* Refer to the Footnotes Page for additional information on this class code.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 35 of 44
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA
Exhibit V
Page S2 Effective January 1, 2016 APPLICABLE TO ASSIGNED RISK POLICIES ONLY
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
3223 3224 3227 3240 3241
7.90 7.76 8.22 4.94 6.29
900 900 900 703 852
3.14 2.96 3.09 1.86 2.31
0.44 0.34 0.34 0.34 0.33
4021 4024D 4034 4036 4038
3255 3257 3270 3300 3303
3.90 5.28 4.98 8.52 7.45
589 741 708 900 900
1.56 1.94 1.83 3.12 2.81
0.44 0.33 0.33 0.33 0.34
3307 3315 3334 3336 3365
5.63 8.89 6.86 7.05 13.61
779 900 900 900 900
2.08 3.37 2.55 2.30 4.45
3372 3373 3383 3385 3400
6.89 9.95 2.48 1.68 5.21
900 900 433 345 733
3507 3515 3548 3559 3574
9.30 4.52 3.16 8.16 2.69
3581 3612 3620 3629 3632
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
11.88 7.97 15.55 4.90 6.77
900 900 900 699 900
3.89 2.59 5.08 1.60 2.72
0.27 0.26 0.26 0.27 0.44
4568 4581 4583 4611 4635
4.36 2.11 6.89 3.08 7.01
640 392 900 499 900
1.42 0.64 2.10 1.16 1.97
0.26 0.24 0.24 0.34 0.23
4053 4061 4062 4101 4109
3.89 7.23 3.50 5.36 1.59
588 900 545 750 335
1.43 2.74 1.29 1.86 0.60
0.33 0.34 0.33 0.30 0.34
4653 4665 4670 4683 4686
3.82 14.50 19.19 10.13 4.84
580 900 900 900 692
1.44 4.75 6.22 3.73 1.58
0.34 0.27 0.26 0.33 0.26
0.33 0.34 0.33 0.26 0.26
4110 4111 4112 4113 4114
1.83 3.86 – 3.30 5.06
361 585 – 523 717
0.68 1.47 0.68 1.23 1.86
0.33 0.34 0.33 0.33 0.33
4692 4693 4703 4717 4720
1.16 3.67 7.09 3.71 5.81
288 564 900 568 799
0.44 1.35 2.62 1.48 2.14
0.34 0.33 0.33 0.44 0.33
2.39 3.67 0.94 0.63 1.82
0.30 0.33 0.34 0.34 0.30
4130 4131 4133 4149 4150
6.01 7.90 5.17 1.50 –
821 900 729 325 –
2.21 2.98 1.94 0.59 0.59
0.33 0.34 0.34 0.44 0.44
4740 4741 4751 4771N 4777
3.38 4.28 8.70 6.94 8.02
532 631 900 900 900
1.11 1.58 2.80 1.95 2.25
0.27 0.33 0.26 0.23 0.23
900 657 508 900 456
3.42 1.66 1.17 2.98 1.02
0.33 0.33 0.33 0.33 0.34
4206 4207 4239 4240 4243
6.45 5.37 5.25 5.25 4.54
870 751 738 738 659
2.37 1.75 1.73 1.98 1.67
0.33 0.26 0.27 0.34 0.33
4825 4828 4829 4902 4923
6.19 3.52 2.37 6.45 2.15
841 547 421 870 397
2.02 1.23 0.72 2.43 0.79
0.26 0.30 0.24 0.34 0.33
2.59 4.72 8.10 4.99 7.58
445 679 900 709 900
0.98 1.64 2.64 1.88 2.63
0.34 0.30 0.26 0.34 0.30
4244 4250 4251 4263 4273
5.16 4.94 5.51 4.88 4.04
728 703 766 697 604
1.89 1.82 2.03 1.79 1.49
0.33 0.33 0.33 0.33 0.33
5020 5022 5037 5040 5057
9.71 15.11 67.20 41.22 15.05
900 900 900 900 900
3.18 4.61 18.87 11.61 4.22
0.27 0.25 0.23 0.23 0.23
3634 3635 3638 3642 3643
3.72 6.15 4.02 3.72 4.26
569 837 602 569 629
1.41 2.26 1.52 1.36 1.57
0.34 0.33 0.34 0.33 0.33
4279 4282 4283 4299 4304
4.04 4.16 4.23 4.36 9.91
604 618 625 640 900
1.49 1.59 1.55 1.65 3.43
0.33 0.34 0.33 0.34 0.30
5059 5069 5102 5146 5160
35.72 40.52 8.91 8.87 7.58
900 900 900 900 900
10.01 11.52 2.72 2.90 2.34
0.23 0.24 0.25 0.26 0.25
3647 3648 3681 3685 3719
6.01 3.04 2.52 3.12 2.42
821 494 437 503 426
2.10 1.15 0.95 1.18 0.68
0.30 0.34 0.34 0.34 0.23
4307 4351 4352 4360 4361
4.12 2.09 3.04 1.95 1.83
613 390 494 375 361
1.65 0.77 1.15 0.74 0.69
0.44 0.33 0.34 0.34 0.34
5183 5188 5190 5191 5192
7.35 6.20 4.93 1.89 5.94
900 842 702 368 813
2.41 2.03 1.61 0.70 2.18
0.27 0.27 0.27 0.33 0.33
3724 3726 3803 3807 3808
9.50 7.83 8.80 5.88 5.59
900 900 900 807 775
2.89 2.21 3.25 2.22 1.95
0.24 0.24 0.33 0.34 0.30
4362 4410 4420 4431 4432
– 5.21 10.13 3.26 3.03
– 733 900 519 493
0.74 1.92 3.12 1.30 1.21
0.34 0.33 0.25 0.44 0.44
5213 5215 5221 5222 5223
15.65 13.09 10.95 22.62 12.14
900 900 900 900 900
4.81 4.58 3.58 6.91 3.99
0.25 0.30 0.27 0.25 0.27
3821 3822 3824 3826 3827
11.83 9.11 10.50 1.65 4.42
900 900 900 342 646
4.12 3.16 3.65 0.61 1.54
0.30 0.30 0.30 0.33 0.30
4439 4452 4459 4470 4484
4.20 7.38 5.67 5.33 5.92
622 900 784 746 811
1.46 2.71 2.10 1.96 2.17
0.30 0.33 0.33 0.33 0.33
5348 5402 5403 5437 5443
12.57 7.87 21.22 12.51 7.49
900 900 900 900 900
4.14 2.97 6.45 4.12 2.76
0.27 0.34 0.24 0.27 0.33
3830 3851 3865 3881 4000
2.47 7.19 3.15 11.92 19.10
432 900 507 900 900
0.86 2.73 1.25 4.38 5.80
0.30 0.34 0.44 0.33 0.24
4493 4511 4557 4558 4561
5.85 1.22 4.64 4.36 –
804 294 670 640 –
2.15 0.42 1.75 1.60 1.46
0.33 0.30 0.34 0.33 0.30
5445 5462 5472 5473 5474
11.17 16.85 8.41 14.14 10.61
900 900 900 900 900
3.42 5.51 2.37 3.97 3.24
0.25 0.26 0.24 0.23 0.25
* Refer to the Footnotes Page for additional information on this class code.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 36 of 44
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA
Exhibit V
Page S3 Effective January 1, 2016 APPLICABLE TO ASSIGNED RISK POLICIES ONLY
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
5478 5479 5480 5491 5506
9.13 13.59 27.92 3.93 12.05
900 900 900 592 900
2.99 4.74 8.50 1.20 3.39
0.27 0.30 0.24 0.25 0.23
6874F 6882 6884 7016M 7024M
33.54 8.62 15.24 13.55 15.05
900 900 900 900 900
6.66 2.44 4.34 3.84 4.27
0.20 0.24 0.24 0.24 0.24
7590 7600 7601 7605 7610
6.38 6.40 – 3.34 1.04
862 864 – 527 274
2.22 2.09 2.09 1.09 0.36
0.30 0.26 0.26 0.26 0.30
5507 5508D 5535 5537 5551
5.68 27.74 11.10 9.23 36.87
785 900 900 900 900
1.74 9.08 3.62 3.01 10.29
0.25 0.27 0.26 0.26 0.23
7038M 7046M 7047M 7050M 7090M
8.24 22.14 27.94 16.99 9.15
900 900 900 900 900
2.30 6.24 7.49 4.48 2.55
0.23 0.24 0.24 0.23 0.23
7611 7612 7613 7705 7710
– – – 10.44 64.87
– – – 900 900
2.09 2.09 2.09 3.64 19.71
0.26 0.26 0.26 0.30 0.24
5606 5610 5645 5651 5703
3.15 14.47 17.17 – 20.51
507 900 900 – 900
0.96 5.30 5.22 5.22 6.71
0.24 0.33 0.24 0.24 0.27
7098M 7099M 7133 7151M 7152M
24.60 45.66 6.44 7.81 16.12
900 900 868 900 900
6.93 12.16 1.97 2.40 4.67
0.24 0.24 0.25 0.25 0.25
7711 7720 7855 8001 8002
64.87 5.97 12.47 3.32 3.61
900 817 900 525 557
19.71 1.95 4.10 1.25 1.33
0.24 0.26 0.27 0.34 0.33
5705 5951 6003 6005 6017
23.73 2.33 12.32 8.36 21.39
900 416 900 900 900
7.73 0.87 4.05 2.74 6.79
0.26 0.34 0.27 0.27 0.25
7153M 7222 7228 7229 7230
8.68 11.21 14.43 14.27 15.24
900 900 900 900 900
2.66 3.68 4.74 4.37 5.31
0.25 0.27 0.27 0.25 0.30
8006 8008 8010 8013 8015
4.84 2.38 3.13 0.57 1.60
692 422 504 223 336
1.78 0.89 1.18 0.21 0.59
0.33 0.34 0.34 0.33 0.33
6018 6045 6204 6206 6213
5.12 5.94 17.32 7.24 4.67
723 813 900 900 674
1.70 1.96 5.30 2.04 1.43
0.27 0.27 0.25 0.23 0.25
7231 7232 7309F 7313F 7317F
16.86 14.39 26.21 4.88 15.77
900 900 900 697 900
5.87 4.42 5.22 0.97 3.12
0.30 0.25 0.20 0.20 0.20
8017 8018 8021 8031 8032
2.90 4.71 4.58 4.00 3.58
479 678 664 600 554
1.09 1.78 1.68 1.47 1.35
0.34 0.34 0.33 0.33 0.34
6214 6216 6217 6229 6233
6.01 12.36 10.32 8.75 4.82
821 900 900 900 690
1.69 3.49 3.14 2.65 1.48
0.23 0.24 0.24 0.24 0.25
7327F 7333M 7335M 7337M 7350F
38.61 24.31 27.01 50.14 18.77
900 900 900 900 900
7.73 6.99 7.77 13.64 3.98
0.20 0.24 0.24 0.24 0.23
8033 8037 8039 8044 8045
2.35 2.90 2.44 4.88 0.79
419 479 428 697 247
0.86 1.09 0.92 1.70 0.30
0.33 0.34 0.34 0.30 0.34
6235 6236 6237 6251D 6252D
13.49 22.04 3.48 12.30 7.27
900 900 543 900 900
3.80 7.21 1.14 3.78 2.02
0.24 0.27 0.27 0.25 0.23
7360 7370 7380 7382 7390
9.83 8.74 8.19 7.42 8.49
900 900 900 900 900
3.22 3.21 2.85 2.72 3.13
0.27 0.33 0.30 0.33 0.33
8046 8047 8058 8072 8102
4.82 1.86 5.14 1.27 3.25
690 365 725 300 518
1.77 0.70 1.88 0.48 1.23
0.33 0.34 0.33 0.34 0.34
6260D 6306 6319 6325 6400
10.93 8.71 5.89 11.43 11.27
900 900 808 900 900
3.08 2.67 1.80 3.49 3.93
0.24 0.25 0.25 0.25 0.30
7394M 7395M 7398M 7402 7403
7.53 8.36 15.51 0.44 6.85
900 900 900 208 900
2.12 2.36 4.14 0.16 2.23
0.24 0.24 0.24 0.33 0.26
8103 8105 8106 8107 8111
4.68 4.65 9.35 6.34 4.32
675 672 900 857 635
1.62 1.76 3.05 2.07 1.59
0.30 0.34 0.26 0.26 0.33
6503 6504 6702M* 6703M* 6704M*
2.74 4.24 15.15 31.24 16.84
461 626 900 900 900
1.04 1.61 4.98 9.71 5.53
0.34 0.34 0.27 0.27 0.27
7405N 7420 7421 7422 7425
1.82 12.21 1.92 3.15 6.42
468 900 371 507 866
0.60 3.48 0.59 0.89 1.82
0.27 0.24 0.24 0.24 0.24
8116 8203 8204 8209 8215
4.60 12.30 7.07 14.73 5.71
666 900 900 900 788
1.69 4.53 2.30 5.44 1.87
0.33 0.33 0.26 0.33 0.26
6801F 6811 6824F 6826F 6834
8.33 10.63 15.24 16.86 14.27
900 900 900 900 900
1.86 3.49 3.27 3.63 4.94
0.25 0.27 0.22 0.25 0.30
7431N 7445N 7453N 7502 7515
1.47 0.98 0.79 5.16 1.92
409 – – 728 371
0.42 – – 1.68 0.54
0.24 – – 0.26 0.23
8227 8232 8233 8235 8263
9.15 10.57 4.88 6.77 13.44
900 900 697 900 900
2.58 3.45 1.61 2.50 4.63
0.24 0.26 0.27 0.33 0.30
6836 6843F 6845F 6854 6872F
9.83 28.99 15.00 7.42 14.57
900 900 900 900 900
3.21 5.82 2.97 2.08 2.90
0.26 0.20 0.20 0.23 0.20
7520 7538 7539 7540 7580
6.99 8.93 5.58 7.11 4.07
900 900 774 900 608
2.58 2.52 1.70 1.98 1.33
0.33 0.24 0.25 0.23 0.26
8264 8265 8279 8288 8291
11.48 12.34 12.39 13.86 8.55
900 900 900 900 900
3.73 3.74 3.76 4.47 2.97
0.26 0.24 0.24 0.26 0.30
* Refer to the Footnotes Page for additional information on this class code.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 37 of 44
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA
Exhibit V
Page S4 Effective January 1, 2016 APPLICABLE TO ASSIGNED RISK POLICIES ONLY
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
CLASS CODE
RATE
MIN PREM
ELR
D RATIO
8292 8293 8304 8350 8380
6.47 19.27 8.83 10.24 5.19
872 900 900 900 731
2.39 6.31 2.88 3.12 1.81
0.33 0.27 0.26 0.25 0.30
9016 9019 9033 9040 9044
6.14 3.81 4.38 6.33 2.80
835 579 642 856 468
2.24 1.24 1.60 2.38 1.06
0.33 0.26 0.33 0.34 0.34
8381 8385 8392 8393 8500
4.71 3.90 3.61 3.77 8.23
678 589 557 575 900
1.64 1.27 1.33 1.39 2.68
0.30 0.26 0.33 0.33 0.26
9052 9058 9059 9060 9061
4.42 3.12 – 2.39 2.61
646 503 – 423 447
1.67 1.24 0.73 0.90 1.04
0.34 0.44 0.34 0.34 0.44
8601 8602 8603 8606 8709F
1.00 2.44 0.18 5.08 9.91
270 428 180 719 900
0.35 0.85 0.06 1.55 1.97
0.30 0.30 0.33 0.25 0.20
9062 9063 9077F 9082 9083
2.18 1.86 6.71 2.39 2.41
400 365 898 423 425
0.87 0.70 1.63 0.95 0.96
0.44 0.34 0.32 0.44 0.44
8719 8720 8721 8723 8725
8.37 3.58 0.61 0.35 4.17
900 554 227 199 619
2.33 1.16 0.20 0.13 1.36
0.23 0.26 0.26 0.33 0.26
9084 9088a 9089 9093 9101
3.04 a 2.54 3.12 9.98
494 a 439 503 900
1.11 a 0.95 1.17 3.77
0.33 a 0.34 0.34 0.34
8726F 8734M 8737M 8738M 8742
5.63 1.04 0.94 1.92 0.77
779 274 263 371 245
1.26 0.34 0.31 0.59 0.25
0.24 0.26 0.26 0.26 0.26
9102 9154 9156 9170 9178
7.32 2.57 3.72 16.30 7.20
900 443 569 900 900
2.68 0.94 1.29 4.56 2.85
0.33 0.33 0.30 0.23 0.44
8745 8748 8755 8799 8800
8.91 1.21 0.92 0.96 3.25
900 293 261 266 518
3.09 0.42 0.30 0.35 1.30
0.30 0.30 0.26 0.33 0.44
9179 9180 9182 9186 9220
31.19 9.50 4.16 18.02 8.57
900 900 618 900 900
11.68 3.07 1.52 5.45 2.98
0.34 0.26 0.33 0.24 0.30
8803 8805M 8810 8814M 8815M
0.16 0.55 0.40 0.49 1.01
178 221 204 214 271
0.05 0.20 0.15 0.18 0.36
0.26 0.33 0.33 0.33 0.33
9402 9403 9410 9501 9505
7.51 12.31 4.29 7.36 7.75
900 900 632 900 900
2.46 3.75 1.58 2.56 2.69
0.27 0.24 0.33 0.30 0.30
8820 8824 8825 8826 8829
0.39 5.36 2.87 5.68 5.32
203 750 476 785 745
0.13 2.02 1.15 2.08 1.96
0.30 0.34 0.44 0.33 0.33
9516 9519 9521 9522 9534
14.48 7.23 8.29 7.87 9.20
900 900 900 900 900
4.73 2.36 2.71 2.90 2.83
0.26 0.26 0.26 0.33 0.25
8831 8832 8833 8835 8842
2.52 0.60 1.68 4.34 3.90
437 226 345 637 589
0.92 0.22 0.62 1.60 1.42
0.33 0.33 0.33 0.33 0.33
9554 9586 9600 9620
19.92 1.14 5.37 1.92
900 285 751 371
6.10 0.46 2.03 0.67
0.25 0.44 0.34 0.30
8855 8856 8864 8868 8869
0.35 0.49 3.09 0.73 1.95
199 214 500 240 375
0.13 0.18 1.13 0.28 0.73
0.33 0.33 0.33 0.34 0.34
8871 8901 9012 9014 9015
0.21 0.69 3.68 6.97 7.07
183 236 565 900 900
0.08 0.24 1.28 2.56 2.59
0.34 0.30 0.30 0.33 0.33
CLASS CODE
RATE
MIN PREM
ELR
* Refer to the Footnotes Page for additional information on this class code.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 38 of 44
D RATIO
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA Exhibit V Page S5
Effective January 1, 2016 APPLICABLE TO ASSIGNED RISK POLICIES ONLY FOOTNOTES a
Rate for each individual risk must be obtained by NCCI Customer Service or the Rating Organization having jurisdiction.
A
Minimum Premium $100 per ginning location for policy minimum premium computation.
D
Rate for classification already includes the specific disease loading shown in the table below. See Basic Manual Rule 3-A-7. Disease Code No. Loading Symbol 0059D 0.79 S 0065D 0.20 S 0066D 0.20 S 0067D 0.20 S 1164D 0.16 S 1165D 0.09 S 1624D 0.09 S Asb=Asbestos, S=Silica
Code No. 1710D 1741D 1803D 1852D 3081D 3082D 3085D
Disease Loading 0.12 1.44 0.59 0.73 0.21 0.09 0.21
Symbol S S S Asb S S S
Disease Code No. Loading 3175D 0.12 4024D 0.05 5508D 0.17 6251D 0.09 6252D 0.07 6260D 0.10
Symbol S S S S S S
F
Rate provides for coverage under the United States Longshore and Harbor Workers Compensation Act and its extensions. Rate includes a provision for USL&HW Assessment.
M
Risks are subject to Admiralty Law or Federal Employers Liability Act (FELA). However, the published rate is for risks that voluntarily purchase standard workers compensation and employers liability coverage. A provision for the USL&HW Assessment is included for those classifications under Program II USL Act. For the residual market, coverage under the Federal Employers' Liability Act (FELA) for employees of interstate railroads is not available for codes 6702, 6703, 6704, 7151, 7152, 7153, 8734, 8737, 8738, 8805, 8814, and 8815.
N
This code is part of a ratable / non-ratable group shown below. The statistical non-ratable code and corresponding rate are applied in addition to the basic classification when determining premium. Class Code 4771 7405 7431
Non-Ratable Element Code 0771 7445 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.
* Class Codes with Specific Footnotes 6702
Rate and rating values only appropriate for laying or relaying of tracks or maintenance of way - no work on elevated railroads. Otherwise, assign appropriate construction or erection code rate and elr each x 1.215.
6703
Rate and rating values only appropriate for laying or relaying of tracks or maintenance of way - no work on elevated railroads. Otherwise, assign appropriate construction or erection class rate x 2.506 and elr x 2.369.
6704
Rate and rating values only appropriate for laying or relaying of tracks or maintenance of way - no work on elevated railroads. Otherwise, assign appropriate construction or erection class rate and elr each x 1.35.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 39 of 44
WORKERS COMPENSATION AND EMPLOYERS LIABILITY
IOWA Exhibit V Page S6
Effective January 1, 2016 APPLICABLE TO ASSIGNED RISK POLICIES ONLY MISCELLANEOUS VALUES Basis of premium applicable in accordance with Basic Manual footnote instructions for Code 7370 -"Taxicab Co.": Employee operated vehicle…………………………………………………………………………………… Leased or rented vehicle………………………………………………………………………………………
$63,500 $42,300
Catastrophe (other than Certified Acts of Terrorism) - (Assigned Risk)……………………………………………
0.01
Expense Constant applicable in accordance with Basic Manual Rule 3-A-11……………………………………
$160
Maximum Weekly Payroll applicable in accordance with Basic Manual Rule 2-E -- "Executive Officers" including members of limited liability companies, Rule 2-E-3 for Partners and Sole Proprietors, and Basic Manual footnote instructions for Code 9178 -- "Athletic Sports or Park: Non-Contact Sports", and Code 9179 -- "Athletic Sports or Park: Contact Sports" …………………………………………….……............
$3,300
Minimum Weekly Payroll applicable in accordance with Basic Manual Rule 2-E -- "Executive Officers" and members of limited liability companies and Rule 2-E-3 for Partners and Sole Proprietors ……………………
$400
Terrorism - (Assigned Risk)………………………………..……………….…………..…………………………………
0.02
United States Longshore and Harbor Workers' Compensation Coverage Percentage applicable only in connection with Basic Manual Rule 3-A-4….…..….…..................................................................…….…
101%
(Multiply a Non-F classification rate by a factor of 2.01 to adjust for differences in benefits and loss-based expenses. This factor is the product of the adjustment for differences in benefits 1.89 and the adjustment for differences in loss-based expenses (1.061).) Experience Rating Eligibility A risk is eligible for intrastate experience rating when the payrolls or other exposures developed in the last year or last two years of the experience period produced a premium of at least $7,500. If more than two years, an average annual premium of at least $3,750 is required. The Experience Rating Plan Manual should be referenced for the latest approved eligibility amounts by state.
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 40 of 44
IOWA
WORKERS COMPENSATION FILING – JANUARY 1, 2016
NCCI KEY CONTACTS
Christopher T. Bailey State Relations Executive Regulatory Services Division National Council on Compensation Insurance, Inc. (NCCI) 106 E. College Ave., Suite 900 Tallahassee, FL 32301 Phone (850) 322-4047 Fax (561) 893-5106
Tony DiDonato, FCAS, MAAA Director & Senior Actuary Actuarial and Economic Services Division National Council on Compensation Insurance, Inc. (NCCI) 901 Peninsula Corporate Circle Boca Raton, FL 33487-1362 Phone (561) 893-3116 Fax (561) 893-5208
All NCCI employees can be contacted via e-mail using the following format: First Name_Last
[email protected]
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 41 of 44
IOWA
WORKERS COMPENSATION FILING - JANUARY 1, 2016
AFFILIATES LIST FOR IOWA
A M C O INSURANCE COMPANY ACADIA INSURANCE COMPANY ACCIDENT FUND GENERAL INS CO ACCIDENT FUND INS CO OF AMERICA ACCIDENT FUND NATIONAL INS CO ACE AMERICAN INSURANCE COMPANY ACE FIRE UNDERWRITERS INSURANCE COMPANY ACE PROPERTY & CASUALTY INSURANCE COMPANY ACIG INS CO ACUITY A MUTUAL INS COMPANY ADDISON INSURANCE COMPANY ADVANTAGE WC INSURANCE CO AIG ASSURANCE COMPANY AIG PROPERTY CASUALTY COMPANY AIU INSURANCE CO (NATIONAL UNION FIRE OF PITTS PA) AK NATIONAL INS CO ALLIED EASTERN IND CO ALLIED INSURANCE COMPANY OF AMERICA ALLIED PROPERTY AND CASUALTY INS CO ALLMERICA FINANCIAL ALLIANCE INS CO ALLMERICA FINANCIAL BENEFIT INS CO AMERICAN ALTERNATIVE INSURANCE CORPORATION AMERICAN AUTOMOBILE INSURANCE CO AMERICAN BUSINESS AND MERCANTILE INS MUTUAL INC AMERICAN CASUALTY COMPANY OF READING P A AMERICAN COMPENSATION INS CO AMERICAN ECONOMY INS CO AMERICAN FAMILY HOME INS CO AMERICAN FAMILY INS CO AMERICAN FAMILY MUTUAL INSURANCE CO AMERICAN FIRE AND CASUALTY CO AMERICAN GUARANTEE AND LIABILITY INS CO AMERICAN HOME ASSUR CO-NATIONAL UNION FIRE OF PIT AMERICAN INS CO AMERICAN INTERSTATE INS CO AMERICAN MINING INS CO AMERICAN MODERN HOME INS CO AMERICAN NATIONAL PROPERTY AND CASUALTY CO AMERICAN SELECT INS CO AMERICAN STATES INS CO A SAFECO COMPANY AMERICAN ZURICH INS CO AMERISURE INS CO AMERISURE MUTUAL INS CO AMERISURE PARTNERS INS CO AMGUARD INS CO AMTRUST INSURANCE CO OF KS INC ARCH INSURANCE COMPANY ARGONAUT GREAT CENTRAL INS CO ARGONAUT INS CO ARGONAUT MIDWEST INS CO ASSOCIATED INDEMNITY CORP ATLANTIC SPECIALTY INS CO (ONEBEACON) ATLANTIC STATES INS CO AUSTIN MUTUAL INSURANCE COMPANY AUTO OWNERS INS CO BADGER MUTUAL INS CO BANKERS STANDARD FIRE AND MARINE CO BANKERS STANDARD INS CO BEARING MIDWEST CAUSALTY COMPANY BENCHMARK INSURANCE COMPANY BERKLEY NATIONAL INSURANCE COMPANY BERKLEY REGIONAL INS CO BERKSHIRE HATHAWAY DIRECT INSURANCE COMPANY BERKSHIRE HATHAWAY HOMESTATE INS CO BITCO GENERAL INSURANCE CORPORATION BITCO NATIONAL INSURANCE COMPANY BRICKSTREET MUTUAL INS CO BROTHERHOOD MUTUAL INS CO CALIFORNIA INSURANCE COMPANY CAPITOL INDEMNITY CORP CAROLINA CASUALTY INS CO CHARTER OAK FIRE INS CO CHEROKEE INS CO CHUBB INDEMNITY INS CO CHUBB NATIONAL INS CO CHURCH MUTUAL INS CO CINCINNATI CASUALTY COMPANY
CINCINNATI INDEMNITY COMPANY CINCINNATI INS CO CITIZENS INS CO OF AMERICA CLERMONT INS CO COLONIAL AMERICAN CASUALTY & SURETY CO COLUMBIA MUTUAL INSURANCE CO COLUMBIA NATIONAL INS CO COMMERCE AND INDUSTRY INS CO COMPANION PROPERTY AND CASUALTY INS CO CONSOLIDATED INS CO CONTINENTAL CASUALTY CO CONTINENTAL INDEMNITY CO CONTINENTAL INS CO CONTINENTAL WESTERN INSURANCE COMPANY CRUM AND FORSTER INDEMNITY CO DAKOTA TRUCK UNDERWRITERS DEERFIELD INS CO DEPOSITORS INS CO DIAMOND INS CO DISCOVER PROPERTY & CASUALTY INS CO DONEGAL MUTUAL INS CO EASTERN ADVANTAGE ASSURANCE COMPANY EASTERN ALLIANCE INSURANCE COMPANY EASTGUARD INS CO ELECTRIC INS CO EMC PROPERTY & CASUALTY COMPANY EMCASCO INS CO EMPLOYERS ASSURANCE COMPANY EMPLOYERS INS CO OF WAUSAU EMPLOYERS MUTUAL CASUALTY CO EMPLOYERS PREFERRED INS CO EVEREST NATIONAL INS CO EVEREST REINSURANCE CO DIRECT EXECUTIVE RISK INDEMNITY INC EXPLORER INS CO FALLS LAKE NATIONAL INSURANCE CO FARM BUREAU PROPERTY CASUALTY INS CO FARMERS INSURANCE EXCHANGE FARMINGTON CASUALTY COMPANY FARMLAND MUTUAL INSURANCE COMPANY FEDERAL INSURANCE COMPANY FEDERATED MUTUAL INS CO FEDERATED RURAL ELECTRIC INS EXCHANGE FEDERATED SERVICE INS CO FIDELITY & DEPOSIT COMPANY OF MARYLAND FIDELITY & GUARANTY INS UNDERWRITERS FIDELITY & GUARANTY INSURANCE CO FIREMANS FUND INSURANCE CO FIREMENS INS CO OF WASHINGTON DC FIRST DAKOTA INDEMNITY CO FIRST LIBERTY INS CORP FIRST NATIONAL INS CO OF AMERICA FIRSTCOMP INSURANCE CO FLORISTS MUTUAL INSURANCE CO FOREMOST INS CO GRAND RAPIDS MICHIGAN FOREMOST PROPERTY & CAS INS FOREMOST SIGNATURE INS CO FRANK WINSTON CRUM INSURANCE CO GENERAL CASUALTY COMPANY OF WISCONSIN GENERAL CASUALTY INSURANCE COMPANY GENERAL INS CO OF AMERICA GENESIS INS CO GRANITE STATE INSURANCE COMPANY GRAPHIC ARTS MUTUAL INS CO GREAT AMERICAN ALLIANCE INS CO GREAT AMERICAN ASSURANCE COMPANY GREAT AMERICAN INS CO OF NY GREAT AMERICAN INSURANCE COMPANY GREAT AMERICAN SPIRIT INS CO GREAT DIVIDE INSURANCE COMPANY GREAT MIDWEST INS CO GREAT NORTHERN INS CO GREAT WEST CASUALTY COMPANY GREATER NY MUTUAL INS CO GREENWICH INS CO GRINNELL MUTUAL REINSURANCE CO GRINNELL SELECT INS CO
© Copyright 2015 National Council on Compensation Insurance, Inc. All Rights Reserved.
Page 42 of 44
IOWA
WORKERS COMPENSATION FILING - JANUARY 1, 2016
GUIDEONE ELITE INS CO GUIDEONE MUTUAL INS CO HAMILTON MUTUAL INS CO HANOVER AMERICAN INS CO HANOVER INS CO HARLEYSVILLE INSURANCE COMPANY HARLEYSVILLE LAKE STATES INSURANCE COMPANY HARLEYSVILLE PREFERRED INSURANCE CO HARLEYSVILLE WORCESTER INSURANCE CO HARTFORD ACCIDENT AND INDEMNITY CO HARTFORD CASUALTY INS CO HARTFORD FIRE INSURANCE CO HARTFORD INS CO OF IL HARTFORD INS CO OF MIDWEST HARTFORD INS CO OF THE SOUTHEAST HARTFORD UNDERWRITERS INS CO HASTINGS MUTUAL INS CO HAWKEYE-SECURITY INS CO HDI GERLING AMERICA INSURANCE COMPANY IA AMERICAN INS CO IA LONG TERM CARE RISK MGMT ASSN IA MUTUAL INS CO IL EMCASCO INS CO ILLINOIS CASUALTY COMPANY ILLINOIS INSURANCE COMPANY ILLINOIS NATIONAL INSURANCE COMPANY IMPERIUM INSURANCE COMPANY IMT INS CO INDEMNITY INS CO OF N AMERICA (INA INS) (CT GEN) INDIANA INSURANCE COMPANY INS CO OF NORTH AMERICA INS CO OF THE STATE PA INS CO OF THE WEST INTEGRITY MUTUAL INS CO INTEGRITY PROPERTY & CASUALTY INS CO LAFAYETTE INS CO LE MARS INS CO LIBERTY INS CORP LIBERTY INSURANCE UNDERWRITERS INC LIBERTY MUTUAL FIRE INS CO LIBERTY MUTUAL INS CO LM INS CORP MA BAY INS CO MANUFACTURERS ALLIANCE INS CO MARKEL AMERICAN INSURANCE CO MARKEL INSURANCE CO MEMIC INDEMNITY CO MERIDIAN SECURITY INSURANCE COMPANY MHA INSURANCE COMPANY MID CENTURY INS CO MIDDLESEX INS CO MIDWEST BUILDERS CASUALTY MUTUAL COMPANY MIDWEST EMPLOYERS CASUALTY CO MIDWEST FAMILY MUTUAL INS CO MIDWEST INS CO MIDWESTERN INDEMNITY CO MILBANK INSURANCE COMPANY MILWAUKEE CASUALTY INSURANCE CO (AMTRUST GROUP) MITSUI SUMITOMO INS CO OF AMERICA MITSUI SUMITOMO INS USA INC MOTORISTS COMMERCIAL MUTUAL INSURANCE COMPANY NATIONAL AMERICAN INS CO NATIONAL CASUALTY CO NATIONAL FIRE INS CO OF HARTFORD NATIONAL INTERSTATE INS CO NATIONAL LIABILITY & FIRE INSURANCE CO NATIONAL SURETY CORP NATIONAL UNION FIRE INS CO OF PITTSBURG PA NATIONWIDE AGRIBUSINESS INS CO NATIONWIDE MUTUAL FIRE INS CO NATIONWIDE MUTUAL INS CO NETHERLANDS INSURANCE COMPANY NEW HAMPSHIRE INSURANCE COMPANY NEW YORK MARINE AND GENERAL INSURANCE CO
NORGUARD INS CO NORTH AMERICAN ELITE INSURANCE CO NORTH AMERICAN SPECIALTY INS CO NORTH POINTE INS CO NORTH RIVER INS CO NORTHSTONE INSURANCE COMPANY NOVA CASUALTY COMPANY OAK RIVER INSURANCE COMPANY OBI NATIONAL INSURANCE COMPANY OH CASUALTY INS CO OH FARMERS INS CO OHIO SECURITY INS CO OLD REPUBLIC GENERAL INSURANCE CORPORATION OLD REPUBLIC INS CO OWNERS INSURANCE COMPANY PA MANUFACTURERS ASSN INS CO PA MANUFACTURERS INDEMNITY CO PACIFIC EMPLOYERS INS CO PACIFIC INDEMNITY CO PACIFIC INS CO LTD PARTNERS MUTUAL INS CO PATRONS MUTUAL INS CO OF CT PEERLESS INDEMNITY INS CO PEERLESS INSURANCE COMPANY PEKIN INS CO PENN MILLERS INS CO PENNSYLVANIA INSURANCE COMPANY PETROLEUM CASUALTY CO PHARMACISTS MUTUAL INS CO PHOENIX INS CO PINNACLEPOINT INSURANCE COMPANY PIONEER SPECIALTY INSURANCE COMPANY PLAZA INSURANCE CO PRAETORIAN INSURANCE COMPANY PREFERRED PROFESSIONAL INSURANCE COMPANY PREVISOR INSURANCE COMPANY PROPERTY AND CASUALTY INS CO OF HARTFORD PROTECTIVE INS CO QBE INSURANCE CORPORATION REDWOOD FIRE & CASUALTY INS CO REGENT INSURANCE COMPANY REPUBLIC INDEMNITY COMPANY OF AMERICA RIVERPORT INSURANCE COMPANY RLI INSURANCE COMPANY ROCKWOOD CASUALTY INS CO SAFECO INS CO OF AMERICA SAFETY FIRST INS CO SAFETY NATIONAL CASUALTY CORP SAGAMORE INSURANCE CO SAMSUNG FIRE AND MARINE INS CO LTD USB SECURA INSURANCE A MUTUAL CO SECURA SUPREME INS CO SECURITY NATIONAL INS CO (AMTRUST GROUP) SELECTIVE INS CO OF SC SELECTIVE INS CO OF THE SOUTHEAST SELECTIVE INSURANCE COMPANY OF AMERICA SELECTIVE WAY INS CO SENECA INSURANCE CO SENTINEL INS CO SENTRY CASUALTY CO SENTRY INSURANCE A MUTUAL CO SENTRY SELECT INSURANCE COMPANY SEQUOIA INSURANCE CO SFM MUTUAL INS CO SFM SELECT INSURANCE COMPANY SOCIETY INSURANCE A MUTUAL COMPANY SOMPO JAPAN INSURANCE CO OF AMERICA SOUTHERN INS CO ST PAUL FIRE AND MARINE INS CO ST PAUL GUARDIAN INS CO ST PAUL MERCURY INS CO ST PAUL PROTECTIVE INS CO STANDARD FIRE INSURANCE COMPANY STAR INS CO
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IOWA
WORKERS COMPENSATION FILING - JANUARY 1, 2016
STARNET INSURANCE COMPANY STARR INDEMNITY AND LIABILITY CO STATE AUTO PROPERTY AND CASUALTY INS CO STATE AUTOMOBILE MUTUAL INS CO STATE FARM FIRE AND CASUALTY CO STATE NATIONAL INSURANCE COMPANY STONINGTON INS CO SUMMITPOINT INSURANCE COMPANY T H E INSURANCE COMPANY TECHNOLOGY INSURANCE CO THE TRAVELERS CASUALTY COMPANY TNUS INSURANCE CO TOKIO MARINE AMERICA INSURANCE CO TORUS NATIONAL INSURANCE COMPANY TRANS PACIFIC INS CO TRANSGUARD INS CO OF AMERICA INC TRANSPORTATION INS CO TRAVELERS CASUALTY AND SURETY CO TRAVELERS CASUALTY INS CO OF AMERICA TRAVELERS INDEMNITY CO TRAVELERS INDEMNITY CO OF AMERICA TRAVELERS INDEMNITY CO OF CT TRAVELERS INSURANCE CO TRAVELERS PROPERTY CASUALTY CO OF AMERICA TRI STATE INSURANCE COMPANY OF MINNESOTA TRIANGLE INSURANCE COMPANY INC TRIUMPHE CASUALTY COMPANY TRUCK INSURANCE EXCHANGE TRUMBULL INS CO TWIN CITY FIRE INS CO UNION INS CO OF PROVIDENCE UNION INSURANCE COMPANY UNITED FIRE AND CASUALTY CO UNITED STATES FIDELITY AND GUARANTY CO UNITED WI INS CO US FIRE INS CO UTICA MUTUAL INS CO VALLEY FORGE INS CO VANLINER INS CO VIGILANT INS CO WADENA INSURANCE COMPANY WAUSAU UNDERWRITERS INSURANCE COMPANY WESCO INSURANCE COMPANY (AMTRUST GROUP) WEST AMERICAN INS CO WEST BEND MUTUAL INS CO WESTCHESTER FIRE INSURANCE COMPANY WESTERN AGRICULTURAL INS CO WESTERN NATIONAL ASSURANCE CO WESTERN NATIONAL MUTUAL INS CO WESTFIELD INS CO WESTFIELD NATIONAL INS CO WESTPORT INSURANCE CORPORATION WILLIAMSBURG NATIONAL INS CO WORK FIRST CASUALTY CO XL INS CO OF NY INC XL INSURANCE AMERICA INC XL SPECIALTY INS CO ZENITH INS CO ZNAT INS CO ZURICH AMERICAN INS CO ZURICH AMERICAN INS CO OF IL
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