The Workers' Compensation Division has proposed changes to rules regarding premium assessment.
The proposed rules clarify some of the reporting and remittance requirements. The rule defines "exempted earned premium" as premium earned on insurance under jurisdiction of the federal government and employer liability increased limits premium as reported in the insurer's annual statement, exhibit of premiums and losses. The rule also defines "self-insured employer group." Additionally, the rule lists criteria for annual reporting eligibility.
A public hearing is scheduled on April 20 at 1:30 p.m. at 350 Winter Street NE, Room F in Salem. Public comments should be e-mailed to Fred Bruyns at fred.h.bruyns@state.or.us by April 25.
For more information, visit www.wcd.oregon.gov/policy/rules/docconv_21365/85_11XXXp.pdf.
Read more at the WorkersComp Forum homepage.
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