Annual Residual Market Rates, Voluntary Market Loss Costs and Designated Auditable Payroll Filing - Effective December 1, 2023

On August 2, 2023, the DCRB submitted Filing No. 2304 to the Delaware Department of Insurance, containing a proposed overall change in loss costs of -7.24% and an overall change in residual market rates of -11.18%.  Also included in this filing is proposed revisions to designated auditable payrolls. The proposed effective date is December 1, 2023. For more information, refer to DCRB Circular No. 1026 and Filing No. 2304.