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Bureau to Submit Annual Rate Filing in October

Tuesday, May 25, 2021 | 0

The New Jersey Compensation Rating and Inspection Bureau announced that it will submit its annual rate filing by early October, with a proposed effective date of Jan. 1, 2022. In September, the NJCRIB announced that it would delay its annual rate filing that would have taken effect at the start of 2020 because of uncertainty surrounding the pandemic. Experience rating values, retrospective rating, annual surcharges and industry classifications were addressed in a regulatory filing that took effect at the start of the year. The bureau on Friday said additional details about the 2020 rates wi...

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