Change to Three Decimals for Loss Costs and Expected Loss Rates

With an increasing payroll exposure base and declining loss costs and rates in the workers compensation system necessitating a shift, the Delaware Compensation Rating Bureau, Inc. (DCRB) is proposing extending the decimal precision of ratemaking and experience rating values from two decimal places (X.XX) to three decimal places (X.XXX) for loss costs and expected loss rates for the Annual Loss Cost Filing effective April 1, 2026. Please refer to DCRB Circular No. 1035 for complete details.